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BuzzFeed Restructures: Complex Sold
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BuzzFeed sells its Complex division to Ntwrk in a $108.6 million deal, retaining First We Feast while implementing strategic restructuring. This move follows financial challenges, workforce reduction, and debt management goals.
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How will the sale of Complex impact BuzzFeed's long-term financial stability and growth strategy?
In what ways might this strategic restructuring and partnership with Umg shape the digital media landscape?
What implications does the 16% workforce reduction have on BuzzFeed's operational efficiency and future plans?
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