Verizon and Hearst team up to buy Complex Media

Verizon Wireless and Hearst Corp. are set to jointly acquire Complex Media. The lifestyle site focused on pop-culture trends and general entertainment will continue to operate independently, albeit with Verizon and Hearst now each owning 50% stakes in the company. Complex CEO and co-founder Rich Antoniello will continue to lead the company. Complex Media has raised over $60 million in… Read More...