#BuzzFeed has sold #Complex, the entertainment media brand it acquired for $300 million in 2021, to livestream shopping platform #NTWRK. BuzzFeed will still retain ownership of some Complex franchises, like #FirstWeFeast, which produces #HotOnes. This move includes a 16% cut in its remaining workforce and marks a significant shift for BuzzFeed, which went public two years ago in order to raise money. via axios • not.sadieperry