In a sign of support for Complex Media, Hearst has poured more cash into the company. According to the New York Post, the amount of the investment has not been publicly disclosed.
Hearst acquired a minority stake in Complex last year, when it invested $21 million in the company. At the time, Complex CEO Rich Antoniello described the deal as “a crucial strategic play.”
Complex Media publishes Complex.com, Complex magazine and several other sites, including PigeonsandPlanes.com, FourPins.com and FirstWeFeast.com.
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