Hearst Acquires Minority Stake in Complex With a $21 Million Strategic Investment

Hearst announced that it has invested $21 million to acquire a minority stake in Complex, one of the fastest growing digital media networks. Now reaching over 57 million diverse millennial males monthly across its destination and partner sites, Complex is also generating some of the strongest engagement metrics amongst the leading digital video and content brands in the market. Complex is now one of the top 10 publishers in the U.S. when it comes to social interaction and engagement on channels like Facebook, YouTube and Twitter.