BuzzFeed Sells "Hot Ones" Owner for $82.5 Million: A New Era Begins

In a significant move within the media landscape, BuzzFeed Inc. has announced the sale of its subsidiary, Complex Networks, to an affiliate of the Soros Fund Management for an impressive $82.5 million. The transaction underscores the shifting dynamics in content creation and distribution, as media companies adapt to evolving audience preferences and economic realities.

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