×
You will be redirected back to your article in seconds

Verizon, Hearst Form ‘Complex Networks’ Digital-Video Business, Headed by Rich Antoniello

Verizon and Hearst have named their digital-video networks joint venture Complex Networks, and they have put Rich Antoniello, formerly CEO of Complex, in charge of the operation.

The Complex Networks banner will combine Complex Media, the digital-media company focused on millennial males that Verizon and Hearst acquired earlier this year, with the JV’s two recently launched digital video networks: RatedRed.com, a lifestyle brand aimed at millennials in conservative-leaning “red states,” and Seriously.TV, a news-comedy channel patterned on late-night TV formats.

Antoniello is CEO of Complex Networks, which is based in New York City and owned 50-50 by Verizon and Hearst. In addition, Neeraj Khemlani, president of Hearst Entertainment & Syndication, and Brian Angiolet, senior VP of Verizon’s consumer product portfolio, will assume the roles of co-chairmen of Complex Networks.

Separately, Verizon and Hearst also own stakes in AwesomenessTV, which is majority owned by Comcast (which recently completed its acquisition of DreamWorks Animation).

The idea with the creation of Complex Networks is to create a collection of digital-oriented brands geared around video and social content, aimed largely at audiences that are veering away from traditional TV. Its website is ComplexNetworks.com.

“We want those multiplatform brands to deliver short-form content to mobile and social channels, as well as premium video content and audiences to our partner, Verizon, and other SVOD and linear distribution platforms,” Khemlani said in a statement.

The formation of Complex Networks “helps us further diversify our content and distribution businesses within the Verizon digital media portfolio, and sharpen our focus on these networks for this newer generation,” Angiolet added.

Complex, which was co-founded by Antoniello and fashion designer Marc Ecko in 2002, attracts more than 52 million unique visitors per month, according to comScore data. Overall, the properties under the Complex Networks umbrella generate more than 500 million videos views a month and have a combined social following of over 75 million users (largely thanks to the existing Complex business).

More Digital

  • View Conference Opens Registration for 2019

    2019 View Conference Opens Registration, Calls for Short Film Competition Entries

    Registration is now open for the 2019 edition of the View Conference in Turin, Italy. No speakers have been announced yet, but past conferences have featured some of the world’s top creative talents in visual effects, animation, gaming, virtual reality, augmented reality and mixed reality. Last year’s edition featured composer Hans Zimmer, Paramount Animation topper [...]

  • Anne del Castillo Named NYC's Commissioner

    Anne del Castillo Named New York City's Commissioner of Media and Entertainment

    The film and TV industries in New York City have a new boss: Anne del Castillo, who has been tapped by Mayor Bill de Blasio to serve as commissioner of the Mayor’s Office of Media and Entertainment. Del Castillo had served as general counsel and chief operating officer of MOME since 2015. She succeeds Julie [...]

  • Beyonce Lemonade HBO

    Beyonce to Release Audio of 'Lemonade' Film Across All Music Streaming Platforms (EXCLUSIVE)

    Beyoncé is offering up some more “Lemonade.” Variety can exclusively reveal that the audio of Beyoncé’s 65-minute “Lemonade” film will drop across all music streaming services on Tuesday, April 23. The drop marks the third anniversary of the film’s debut on HBO. It’s also the first time all of Bey’s catalog is available for streaming. [...]

  • Oculus Quest Gets Google's Tilt Brush

    Tilt Brush Is Coming to the Oculus Quest VR Headset

    Facebook just announced a major addition to the line-up for its Oculus Quest VR headset: Google is bringing its Tilt Brush virtual reality (VR) drawing app to the standalone headset, which is widely expected to become commercially available in the coming weeks. “When we learned that Oculus was building a cord-free standalone headset, we knew [...]

  • Green-Eggs-and-Ham-Netflix

    'Green Eggs and Ham' Series From Ellen DeGeneres to Debut on Netflix in Q4

    After more than four years in the works, Netflix’s TV adaptation of Dr. Seuss classic “Green Eggs and Ham” is set to come to the streaming service in the fourth quarter of 2019. The Q4 launch of “Green Eggs and Ham,” from executive producer Ellen DeGeneres and Warner Bros. Television, was announced by Netflix chief [...]

More From Our Brands

Access exclusive content