Recurrent Ventures Acquires Digital Media Company Donut Media
November 9, 2021
By James Hale
New York, NY - November 9, 2021 - Recurrent Ventures announced today the acquisition of Donut Media, an independent digital media company. Donut Media is known for its popular automotive content, which generates over 60 million views per month on YouTube. The company's mission is to make car culture accessible and enjoyable for everyone, regardless of their level of expertise.
Recurrent Ventures is a leading media and technology company that specializes in acquiring and operating digital media businesses. The company's portfolio includes a number of well-known brands, such as The Onion, Clickhole, and Screen Junkies. The acquisition of Donut Media will expand Recurrent Ventures' reach into the automotive market.
"We're excited to welcome Donut Media to the Recurrent Ventures family," said Rob Fishman, CEO of Recurrent Ventures. "Donut Media has built an incredibly successful business by creating engaging and informative content that appeals to a wide range of car enthusiasts. We're confident that we can help Donut Media continue to grow its audience and reach its full potential."
Donut Media was founded in 2015 by Matthew Farah and Nolan Sykes. The company has since grown into a team of over 50 employees who are passionate about cars and creating great content. Donut Media's YouTube channel has over 5 million subscribers, and its content has been featured in publications such as The New York Times, Forbes, and Wired.
"We're thrilled to join forces with Recurrent Ventures," said Matthew Farah, Co-Founder of Donut Media. "Recurrent Ventures has a proven track record of success in the digital media industry, and we're confident that they can help us take Donut Media to the next level."
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