Verizon, Hearst to Acquire Complex Media

Verizon and Hearst have have entered into an agreement to jointly acquire Complex Media, a video-focused media company that caters to young male audiences, in a 50-50 ownership structure.

Terms of the deal were not disclosed. Rich Antoniello, Complex CEO and co-founder, will continue to lead the company, which was founded in 2002 by fashion designer Marc Ecko.

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Twitter
Visit Us
LinkedIn
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *