Recurrent Media CEO Lance Johnson on acquiring and growing content businesses
On this week's episode we hear from Lance Johnson, CEO of Recurrent Media. You might not have heard of them (yet), but you will have heard of their brands - Donut, Domino, Saveur, Popular Science, and most recently, MEL magazine. He tells us about the group’s acquisition strategy, how they’re different from the usual VC companies we encounter, and what you need to do to get bought by Recurrent.
In the news roundup the team does some digging into the disappearing Times story about Boris Johnson offering his then-mistress a job. We take a look at the timeline, the 'legal issues' that might have caused the story to be pulled, and asked what The Times' strategy of silence is doing to its reputation and trust in the media. In the NIBs we discuss Substack cutting its headcount, say goodbye to the print edition of Time Out, and ask why Bonnier News and Amedia are launching a digital newspaper in Russia.
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