Complex Networks
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 4.55 million subscribers and 1.3 billion total views on YouTube . Complex has over seven different Instagram accounts each for a specific topic, and the most popular account “Complex” has over 10 million followers. As of 2019, the company's yearly revenue was estimated to be US$200 million, 15% of which came from commerce. 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. until 2021 when it became a subsidiary of BuzzFeed. History. "Complex" was established in 2002 by the founder of the Eckō Unltd. brand, Marc Ecko, as a print magazine aimed at providing young men a report of the latest in hip hop, fashion and pop culture without regard to race. The name "Complex" evolved from a slogan developed to promote the Eckō Unltd. website: "Ecko.complex". The idea was to create a men's magazine that combined Eckō's streetwear and hip hop attitude along with the style of Japanese men's magazines by providing consumer  guides. This was achieved by creating a magazine in two sections: one traditional magazine, and the other a shopping guide. In 2005, "Complex" was joined by senior publishing executive turned future CEO, Rich Antoniello and the former senior editor of "Vibe" magazine, Noah Callahan-Bever, who became editor-in-chief and chief content officer a year later. By 2006, "Complex" had begun to turn a profit which allowed the magazine to consider an expansion of their online presence. In April 2007, "Complex" soft-launched a media network with four websites: NahRight, Nice Kicks, SlamxHype and MoeJackson. Complex. In September 2007 , Complex launched Complex Media in order to fully capitalize on the trend toward digital content. In 2010, ad sales grew 154%. According to comScore, "Complex" got 12 million unique hits in March 2012. This encouraged large brands such as Coors, AT&T, Ford, McDonald's, Nike, Adidas and Apple to advertise within the collective. "Complex" now includes over 100 sites. In 2011, Complex acquired "Pigeons & Planes", an indie music and rap blog, and brought their total sites to 51 with monthly traffic of 25 million uniques. In 2012, Complex launched Four Pins, a humorous menswear site, edited by Fuck Yeah Menswear  author Lawrence Schlossman; Sneaker Report, a performance footwear site; and First We Feast, a food culture site edited by former "Time Out New York" food editor Chris Schonberger. In 2013, Complex launched the dance music site Do Androids Dance and Green Label, a branded content site presented by Mountain Dew. That year, Complex also acquired the sneakerhead culture magazine and website "Sole Collector". On November 4, 2013, "Complex" premiered a new logo and cover design on Instagram that would appear online, as well as on the December 2013 Eminem cover issue. In 2013, Complex partnered with Mountain Dew to launch  Green Label an entertainment and culture website. In 2014, Complex launched an NBA-themed website called "Triangle Offense" in a partnership with Bacardi rum. In August 2014, Complex ranked #3 in the United States in a ComScore survey of unique visitors between the ages of 18 and 34 with 20.3 million in that demographic per month. In January 2015, it announced its acquisition of Collider, the online source for movies, television, breaking news, incisive content, and imminent trends. Collider.com reaches over 3 million monthly unique readers (comScore, December 2014) powered by a team of ten writers, including founder and Editor  in Chief Steve Weintraub. In February 2018, "Complex" sold Collider.com to former head-of-video Marc Fernandez. In 2015, Do Androids Dance was merged into Complex. In 2016, Four Pins was closed. Funding. In 2009, Complex raised $12.8 million from Accel Partners and Austin Ventures. In September 2013, it secured $25 million in a second round of funding from Iconix Brand Group, who own Rocawear, Starter, Eckō Unltd. and Umbro, among others. Verizon Hearst Media Partners subsidiary. On April 18, 2016, Complex was acquired by a joint venture of Hearst Communications and Verizon Communications, Verizon Hearst Media Partners . The venture emphasized a goal of building "a portfolio of the emerging digital brands of the future for the millennial and Gen-Z audience", and proposed that Complex would develop content for Verizon-owned AOL and go90. After a failure to reach expectations, on June 29, 2018, Verizon announced that go90 would shut down. BuzzFeed subsidiary. In June 2021, as part of the announcement of its planned initial public offering, BuzzFeed announced that it would acquire Complex Networks using proceeds from the IPO. Covers. "Complex" became known early on for its double-sided covers and split format. "Complex" covers often  combined celebrities from across music, film and sports. For example, Mos Def and David Bowie appeared together on the cover of the August/September 2003 issue. Some of "Complex" early covers included Nas (May 2002), Tony Hawk and Xzibit (June/July 2002), Ludacris and Dale Earnhardt Jr. (April/May 2003), and Mos Def and David Bowie (August/September 2003). In 2007, "Complex" gave Kim Kardashian her first-ever magazine shoot and cover. "Complex" has since expanded to interactive digital covers. In September 2019, the American rapper Kid Cudi and the Japanese designer Nigo were interviewed by "Complex" and also appeared  jointly on a digital cover and told the stories of their careers and rise in the entertainment and streetwear industries. Complex shows. Complex TV launched in 2012 as an online broadcaster of original content. Nathan Brown, a long-time video development and production executive, serves as general manager of Complex TV and Video. In December 2013, a subsidiary of Complex TV, Complex News, was launched, focusing on day-to-day news. In 2014, Pluto.tv added Complex Media as a content partner. Complex Content Studio is supported by an 18-person editorial team. According to WNIP source, "by 2016, Complex Networks  had shifted 80% of its content budget to video and was launching dozens of individual shows under Complex's YouTube channel and a number of spin-off properties". On November 10, 2017, a block of Complex TV series began airing on the U.S cable network Fuse under the "Complex x Fuse" banner. Complex Networks has produced more than two dozen original shows, which include "Hot Ones" and "Desus vs. Mero". Podcasts. Complex Networks launched three original podcasts at the end of 2019 in collaboration with a Swedish podcast firm Acast. "Watch Less", covering such topics as movies and pop culture , hosted by Khris 'Khal' Davenport and Frazier Tharpe. "The Complex Sports Podcast" (formerly Load Management), hosted by Zach 'Chopz' Frydenlund, Zion Olojede, and Adam Caparell discusses sports and sports culture. "The Complex Sneakers Podcast" covers the history and present day of sneaker culture and is hosted by Joe La Puma, Matthew Welty, and Brendan Dunne. ComplexCon. In Spring 2016, Complex Networks announced a new project, "ComplexCon", an annual festival in the form of thematics exhibitions, music concerts, discussion panels, streetwear culture and content related to pop culture and mass audience entertainment. The first two-day event took place at the  Long Beach Convention and Entertainment Center in November 2016 and featured performances by Snoop Dogg, Skrillex, Kid Cudi and more. In 2019 the festival was held twice. The first event took place at McCormick Place in collaboration with a focus on local artists, designers and musicians. The second festival occurred in the traditional Long Beach, CA and included appearances by Selena Gomez, LL Cool J, Lil Kim, Offset, Kid Cudi, Lil Yachty, Timothée Chalamet, Yara Shahidi and Tyga. ComplexLand. In lieu of ComplexCon during the COVID-19 pandemic, Complex Networks launched a five-day virtual festival named "ComplexLand" in December 2020 . The game took place in a video game format where users could visit virtual shops and order products that would be shipped to them in real life. Players could also access video content such as panels and performances. The event included virtual appearances by T-Pain, Fat Joe, Lil Yachty, Jack Harlow, and Donatella Versace. The interactive experience was accessible through web browser and was developed by Jam3 in WebGl. The Complex Shop. In December 2019, Complex Networks launched an online store called the Complex Shop. At launch, the store included items from 70 different clothing brands, including some exclusive  collaborations. The store also carries merchandise from Complex's various brands and content. The Complex Shop has partnered with the Google News Initiative to measure audience engagement and consumer behavior. They also partnered with Neighborhood Spot and UNION x Dodgers to sell branded products. Brand partnerships. In 2013, Digiday stated Complex was one of the publishers that "acts like an agency" based on their branded content and brand partnerships. In 2013 alone, Complex created an average of 47 pieces of content a month on behalf of major brands, including McDonald's, Gillette, Levi's, Toyota, Adidas and others. It also  partnered with PepsiCo to launch GreenLabel.com, a Mountain Dew-branded lifestyle site that's staffed by Complex's editorial employees. Green Label currently attracts over twice as much traffic as MountainDew.com. Later in 2013, Complex worked with Dr. Pepper to a series of videos aimed at young males featuring producer/songwriter The-Dream. Controversies. Kim Kardashian photo. In 2009, AnimalNewYork.com reported that "Complex" had posted a digitally unenhanced version of April/May issue cover star Kim Kardashian. "Complex" swapped the enhanced image on their site, but not before the unenhanced version had gone viral. Kardashian responded to the incident on  her blog, saying: "So what: I have a little cellulite. What curvy girl doesn't!?" She went on to say that she was "proud" of her body, posting behind-the-scenes pictures of the shoot on her website. The incident was covered by a variety of online publications including Huffington Post, NY Daily News, Business Insider, Gawker, and others. Wale threatens "Complex" staff. On December 11, 2013, "Complex" writer Insanul Ahmed received a call from rapper Wale complaining that his latest album, "The Gifted", had not been included on "Complex" "50 Best Albums of 2013" list. A portion of the  conversation was recorded and posted on the "Complex" website and on Complex TV on December 13. Wale could be heard threatening: "Get the security ready." According to "Complex", Wale refused requests to meet, but he did post a humorous Instagram video that day which made light of the situation. Wale, later appearing on Hot97, said that his fall-out with Kid Cudi had something to do with the snub, and that he was not "begging Williamsburg hipsters" to like his music. Wale was referring to the October/November 2010 issue of Complex in which Kid Cudi said: "We don't  fuck with you musically." The quote quickly went viral. Companies Under Complex. Pigeons & Planes is a music discovery site which was bought by Complex to be featured in their shows. This show keeps up with new music across all genres, and puts people on to good music, whether the artists are already established celebrities or if they're rising stars.