That is, Complex will now be part of Complex Media, also owned by Ecko, but without all that bothersome debt that its original publisher carried with it. Complex raised $12.8 million in funding for its new venture, not an easy task in today’s publishing world. Then again, urbanwear designer Ecko seems himself to have been born under a lucky star: despite the financial troubles of MEE, the company received $108 million in exchange for a majority stake from apparel company Iconix Brand Group little over a month ago.
Read More: Updated: Marc Ecko’s Complex Media Gets $12.8 Million, Spins Off Into Standalone Company –paidContent
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