Explore All 184 Divestiture Digital Media Deals - Search the Database Free
M&A Deal Summary |
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|---|---|
| Date | February 21, 2024 |
| Target | Complex Networks |
| Sector | Digital Media |
| Buyer(s) | NTWRK |
| Sellers(s) | BuzzFeed |
| Deal Type | Divestiture |
| Deal Value | 109M USD |
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NTWRK is a curated livestream shopping marketplace that brings together artists, brands, and personalities to celebrate culture. Rooted in sneakers, streetwear, and all things collectible, it offers unprecedented access to rare and exclusive products – all while fostering communities of buyers and sellers through livestream shopping. NTWRK is based in Wilmington, Delaware.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Digital Media | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: New York | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2024 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Digital Media |
| Employees | 611 |
| Revenue | 190M USD (2024) |
BuzzFeed is an independent digital media and tech company delivering news and entertainment content to a global audience. The company covers breaking news, produces original video, and creates content that people want to share on the web. BuzzFeed was formed in 2006 and is based in New York, New York.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Digital Media | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: New York | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2024 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-24 |
Complex Networks
New York, New York, United States Complex Networks champions the people, brands, and new trends needed to know now, will obsess over next, and builds consumer universes around them. The company was formed from the acquisition of Complex Media Inc. through a joint venture by Verizon and Hearst, creates and distributes original programming with premium distributors including Netflix, Hulu, Turner, Corus, Facebook, Snap, Fuse, Pluto TV, Roku, and more. Its content spans across the music to movies, sports to video games, fashion to food, and more. Complex Networks was formed in 2002 and is based in New York, New York. |
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