Task & Purpose

VYRE Network Partners with Recurrent Ventures to launch “We Are The Mighty”, a Military Lifestyle Focused Channel

Retrieved on: 
Tuesday, March 19, 2024

Recurrent holds the largest suite of military brands and content in the digital media landscape.

Key Points: 
  • Recurrent holds the largest suite of military brands and content in the digital media landscape.
  • “We Are The Mighty understands the power and importance of authentic storytelling within the military community.
  • Through our partnership with Vyre, we are thrilled to launch the We Are The Mighty Military Channel, a platform dedicated to showcasing the diverse experiences and voices of those who have served.
  • To find a partner who believes in this mentality as much as everyone in Recurrent’s military vertical does, is incredibly unique.

Leading defense news outlet, The War Zone, relaunches as TWZ.com

Retrieved on: 
Thursday, February 1, 2024

MIAMI, Feb. 1, 2024 /PRNewswire/ -- The leading defense news outlet, The War Zone, today revealed its new domain and upgraded interface. Founded in 2016 by one of the military sector's most influential journalists, Tyler Rogoway, The War Zone has grown into an essential resource for the entire defense industry and national security community. The site, which was originally launched in partnership with The Drive, will now operate as a fully standalone media brand via TWZ.com.

Key Points: 
  • MIAMI, Feb. 1, 2024 /PRNewswire/ -- The leading defense news outlet, The War Zone , today revealed its new domain and upgraded interface.
  • Founded in 2016 by one of the military sector's most influential journalists, Tyler Rogoway , The War Zone has grown into an essential resource for the entire defense industry and national security community.
  • The site, which was originally launched in partnership with The Drive , will now operate as a fully standalone media brand via TWZ.com .
  • "This change will certainly help us better serve our audience and the defense industry at large while helping us reach new readers.

RECURRENT ACQUIRES LEADING HOME DESIGN BRAND, DWELL

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Recurrent Ventures announced today that it has acquired Dwell, the authority on contemporary home design for architects, interior designers, and consumers. Alongside BobVila, Business of Home, Domino, and Lonny, Recurrent now has a full suite of home design brands.

Key Points: 
  • NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Recurrent Ventures announced today that it has acquired Dwell , the authority on contemporary home design for architects, interior designers, and consumers.
  • Alongside BobVila , Business of Home , Domino , and Lonny , Recurrent now has a full suite of home design brands.
  • Dwell CEO, Zach Klein, who joined the brand in 2020, has helped grow digital subscriptions exponentially during his tenure.
  • In addition to the popular print product, their digital presence, and the Dwell Shop, Dwell+ members also benefit from a subscriber-only platform for exclusive Home Tours, The Dwell Home Guide, and the Dwell Archive.

RECURRENT ACQUIRES WE ARE THE MIGHTY

Retrieved on: 
Thursday, June 2, 2022

NEW YORK, June 2, 2022 /PRNewswire/ -- Recurrent Ventures announced its acquisition of We Are The Mighty, a veteran-led digital publisher and media agency servicing brands with video production, marketing, advertising, and consulting services to engage with the military community.

Key Points: 
  • Following We Are The Mighty's acquisition, Recurrent has the largest military footprints in digital media.
  • WATM's marquee event offering, Military Influencer Conference , founded by Army veteran Curtez Riggs, will remain under Riggs's leadership at Recurrent.
  • Recurrent is a digital media company whose content from trusted brands aims to foster generations of passionate audiences across niche verticals.
  • We Are The Mighty is the premier media brand for the 133 million "mega-niche" community of America's military, veterans and their families.

RECURRENT, LEADING HIGH-GROWTH DIGITAL MEDIA COMPANY SECURES $300M IN NEW FUNDING

Retrieved on: 
Wednesday, May 18, 2022

NEW YORK, May 18, 2022 /PRNewswire/ -- Recurrent Ventures announced today the closing of $300 million in new capital led by funds managed by Blackstone Tactical Opportunities ("Blackstone," NYSE: BX). The new funding positions Recurrent to continue to rapidly scale its operations and build a platform for continued strong growth.

Key Points: 
  • Since 2018, Recurrent has acquired 24 digital media brands across its target verticals of Science, Tech, Outdoor, Home, Automotive, and Military.
  • Recurrent will use the new funds to further deliver on the company's mission of growing a leading digital media company that delivers value for its customers, creative talent, and partners.
  • Recurrent was founded in late 2018 by North Equity 's Managing Partners, Andrew Perlman and Matt Sechrest, as a platform to acquire and transform leading digital media brands.
  • Recurrent is a digital media company whose content from trusted brands aims to foster generations of passionate audiences across niche verticals.

Aterian And Recurrent Announce A Strategic Online Media and E-Commerce Partnership

Retrieved on: 
Monday, December 13, 2021

NEW YORK, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian) announced today that it plans to partner with Recurrent Ventures Inc. (Recurrent) for strategic marketing efforts.

Key Points: 
  • NEW YORK, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian) announced today that it plans to partner with Recurrent Ventures Inc. (Recurrent) for strategic marketing efforts.
  • Aterians Chief Executive Officer, Yaniv Sarig, commented, Recurrents combination of iconic brands, world class editorial capabilities and performance marketing expertise make them a perfect strategic partner for Aterian.
  • We look forward to working closely with the Recurrent team to drive more sales to Aterians existing brands through Recurrents portfolio of online editorial publications reaching over 60 million monthly unique visitors.
  • Were thrilled to partner with Aterian to expand our content driven commerce initiatives and help both our companies accelerate growth," added Recurrent CEO, Lance Johnson.

Recurrent Ventures Acquires Donut Media, the Largest Automotive Brand on YouTube

Retrieved on: 
Tuesday, November 9, 2021

NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Recurrent Ventures today announced that it has acquired independent digital media company Donut Media .

Key Points: 
  • NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Recurrent Ventures today announced that it has acquired independent digital media company Donut Media .
  • Donut is renowned for its massive YouTube channel , which garners millions of views every week on a wide variety of automotive entertainment videos.
  • "Investing in this brand, putting more resources behind its brilliant team, and enabling them with our Recurrent Playbook will only further Donut's growth.
  • This solidifies our dominance in the automotive vertical and establishes Recurrent's foothold in video and social for years to come.

Recurrent Media Announces New Fundraising That Brings Total Capital Raised to $100 Million

Retrieved on: 
Thursday, October 7, 2021

NEW YORK, Oct. 7, 2021 /PRNewswire/ --Recurrent Ventures announced today that it raised $75 million in a round of financing.

Key Points: 
  • NEW YORK, Oct. 7, 2021 /PRNewswire/ --Recurrent Ventures announced today that it raised $75 million in a round of financing.
  • This investment round brings the company's funding to over $100 million in capital to date.
  • Provided by North Equity LLC, the new funding will be used to acquire other digital media properties and to make additional investments in its current digital media portfolio and employees.
  • To further its mission of creating a sustainable, equitable, innovative digital media company, Recurrent is rapidly expanding its workforce.

Recurrent Ventures Acquires Leading Wine Publication JancisRobinson.com

Retrieved on: 
Tuesday, August 31, 2021

NEW YORK, Aug. 31, 2021 /PRNewswire/ -- World-renowned wine expert and James Beard Award-winning author, Jancis Robinson, has agreed to terms with Recurrent Ventures for her eponymous digital media business.

Key Points: 
  • NEW YORK, Aug. 31, 2021 /PRNewswire/ -- World-renowned wine expert and James Beard Award-winning author, Jancis Robinson, has agreed to terms with Recurrent Ventures for her eponymous digital media business.
  • Founded in 2000 as an independent publisher, JancisRobinson.com has steadily grown its subscriber base of wine enthusiasts across 82 countries.
  • Members also have access to over 200,000 wine reviews, a steady stream of highly informed articles, and an exclusive version of the wine student's bible, The Oxford Companion to Wine, of which Robinson is the founding editor.
  • "Jancis is one of the most respected voices in the wine world and we're thrilled that she's selected Recurrent to shepherd her brand into its next chapter.

Leading Military Website Task & Purpose Joins The War Zone at Brookline Media

Retrieved on: 
Tuesday, October 6, 2020

NEW YORK, Oct. 5, 2020 /PRNewswire/ -- Task & Purpose , a leading digital media website for active-duty military members, veterans, and their families, announced today it was joining the Brookline Media network of sites, immediately creating one of the largest footprints in the military-focused media market.

Key Points: 
  • NEW YORK, Oct. 5, 2020 /PRNewswire/ -- Task & Purpose , a leading digital media website for active-duty military members, veterans, and their families, announced today it was joining the Brookline Media network of sites, immediately creating one of the largest footprints in the military-focused media market.
  • "I launched Task & Purpose to give a platform and voice to our remarkable servicemen and women," said Zach Iscol, Task & Purpose co-founder.
  • The addition of Task & Purpose to the Brookline Media portfolio immediately creates one of the largest digital media footprints in the military market, with Task & Purpose dedicated to bringing news and engaging content to current and former service members, its sister site Military Spouse Fest connecting and supporting military families, and The War Zone covering the intersection of defense, military technology, and foreign policy.
  • "We're thrilled to be adding Task & Purpose to Brookline Media and to be pairing them with The War Zone," said Andrew Perlman, managing partner at North Equity, the parent company of Brookline Media.