Verizon Hearst Media Partners

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Verizon Hearst Media Partners
Joint venture
IndustryEntertainment
FoundedMarch 2016[1]
Headquarters,
Area served
Worldwide
Key people
  • Brian Angiolet (Co-Chair, Complex Networks/SVP, Verizon Media)[2]
  • Rich Antoniello (CEO, Complex Networks)[3]
Owner
SubsidiariesComplex Media

Verizon Hearst Media Partners (simply VHMP) is an American entertainment and media holding company jointly owned by Verizon Communications (50%) and Hearst Communications (50%). It was founded in March 2016.[4]

Brands[edit]

Complex Media[edit]

Complex Media, co-founded in 2002 by Rich Antoniello and fashion designer Marc Ecko, was fully acquired in 2016 by VHMP in their largest deal up to that point. The deal reportedly valued the company at $250 to $300 million.[5][6][7]

Complex Media's properties include:[8]

Former brands include:

  • Rated Red
  • Seriously.TV

References[edit]

  1. ^ Hearst, Mike (March 2, 2016). "Hearst and Verizon Announce Joint Video Content Venture; Partners set to launch two new digital media brands, RatedRed.com and Seriously.TV". The Wall Street Journal. Retrieved February 24, 2018.
  2. ^ "Brian Angiolet". Variety. Retrieved February 24, 2018.
  3. ^ Jarvay, Natalie (June 22, 2017). "VidCon: Verizon Executives Offer Glimpse of Post-Yahoo Plans". The Hollywood Reporter. Retrieved February 24, 2018.
  4. ^ "Verizon Hearst Media Partners". Hearst. Retrieved February 24, 2018.
  5. ^ Knutson, Ryan; Hagey, Keach; Alpert, Lukas I. (April 18, 2016). "Verizon, Hearst Agree to Buy Complex Media; Deal is biggest move so far by joint venture the companies formed last month". The Wall Street Journal. Retrieved February 24, 2018.
  6. ^ Schliefer, Theodore (October 13, 2017). "Complex is the latest media company to lay off staff amid a pivot to video". Recode. Retrieved February 24, 2018.
  7. ^ Flanagan, Andrew (April 19, 2016). "Marc Ecko, Complex Media Co-Founder, on His Company After Verizon and Digital Media in the Facebook Age: Q&A". Billboard. Retrieved February 24, 2018.
  8. ^ "Brands". Complex Networks. Retrieved February 24, 2018.

External links[edit]