BuzzFeed Sells Complex to NTWRK for $108.6 Million, Announces Layoffs

BuzzFeed Sells Complex to NTWRK for $108.6 Million, Announces Layoffs
BuzzFeed screens at Times Square during BuzzFeed Inc.'s Listing Day at Nasdaq in New York City on Dec. 6, 2021. Bennett Raglin/Getty Images for BuzzFeed Inc.
Katabella Roberts
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BuzzFeed has announced plans to lay off dozens of employees after selling Complex to live-video shopping platform NTWRK, a little more than two years after buying the business.

The sale will form a “new and wide-ranging destination for the future of commerce and media,” BuzzFeed said in a Feb. 21 press release announcing the $108.6 million all-cash deal.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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