American media and entertainment company / From Wikipedia, the free encyclopedia
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Complex Networks is an American media and entertainment company for youth culture, based in New York City. It was founded as a bi-monthly magazine, Complex, by fashion designer Marc (Ecko) Milecofsky. Complex Networks reports on popular and emerging trends in style, sneakers, food, music, sports and pop culture. Complex Networks reached over 90 million unique users per month in 2013 across its owned and operated and partner sites, socials and YouTube channels. The print magazine ceased publication with the December 2016/January 2017 issue. Complex currently has 6.02 million subscribers and 1.8 billion total views on YouTube. As of 2019, the company's yearly revenue was estimated to be US$200 million, 15% of which came from commerce.
|Predecessor||Complex (magazine) (last issue: December 2016/January 2017)|
|Founded||2002; 21 years ago (2002)|
Complex Networks has been named by Business Insider as one of the Most Valuable Startups in New York, and Most Valuable Private Companies in the World. Complex Networks CEO Rich Antoniello was named among the Silicon Alley 100. In 2012, the company launched Complex TV, an online broadcasting platform.
In 2016, it became a joint-venture subsidiary of Verizon and Hearst. The company changed hands again in the fourth quarter of 2021, becoming a subsidiary of BuzzFeed in a $300 million transaction.