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☆ Bob Vila, America’s Favorite Handyman, Asks $52.9 Million For Waterfront Florida Home
  + stars: | 2023-11-10 | by ( E.B. Solomont | ) www.wsj.com   time to read: 1 min
Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Home-improvement guru Bob Vila made a name for himself sharing DIY advice on shows like “This Old House” and “Bob Vila’s Home Again.”
Persons: Bob Vila, Bob Vila’s, ”
☆ How Recurrent Ventures went from media darling to another publisher hit by layoffs and struggles
  + stars: | 2022-11-15 | by ( Steven Perlberg | ) www.businessinsider.com   time to read: +14 min
Recurrent Ventures made a digital-media splash with acquisitions like The Drive and Popular Science. In May of last year, Recurrent Ventures announced its flashiest deal yet: a $300 million fundraising round led by the private-equity giant Blackstone. To make a more appealing parent brand to house a growing fleet of media properties, they eventually created a new entity called Recurrent Ventures. Recurrent Ventures expanded as it acquired well-known publishers like the 150-year-old Popular Science. Recurrent Ventures shut down MEL Magazine, the men's lifestyle publication it once planned to make the centerpiece of a new lifestyle vertical of sites.
☆ Layoffs hit Recurrent Ventures, the private-equity-backed owner of Popular Science, Saveur, and The Drive
  + stars: | 2022-09-28 | by ( Steven Perlberg | ) www.businessinsider.com   time to read: +4 min
Layoffs have hit Recurrent Ventures, the private-equity-backed owner of digital media properties including Popular Science and The Drive. The cuts come months after Recurrent Ventures shuttered MEL Magazine, the digital media darling it rescued from closure last year. One current Recurrent staffer told Insider that the staff was "totally surprised" at the fresh round of cuts. "The growth in our expenses has outpaced our revenue growth and we need to recalibrate," Johnson wrote in the memo. Since our inception, we have experienced tremendous audience and revenue growth.
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