Around the Net
Verizon, Hearst Buy Complex Media
- Mashable, Tuesday, April 19, 2016 12:55 PM
Verizon and Hearst are buying Complex Media, each take half of the digitally-focused lifestyle publisher. The deal is reportedly worth $250-$300 million. “Verizon and Hearst have each been among the most active investors in online media,” Mashable notes. “Hearst previously invested $21 million in Complex and also has money in Refinery29 and BuzzFeed.”
