How American Banker’s parent is trying to reinvent itself

Christiana Sciaudone of A Media Operator writes about Arizent’s transformation into a news and intelligence product sold at enterprise levels, which is off to a start—albeit a slow one.

Sciaudone writes, “The rollout began last year with two verticals, payments (under American Banker) and legal intelligence (under Bond Buyer). The payments product launched around September and signed nine enterprise clients, followed by the legal intelligence launch in October with one enterprise customer to date.

“In 2024, Arizent generated $24.5 million in annual recurring revenue and, in 2025, $25.5 million. About $1 million of that each year is organic, Arizent Chief Executive Officer Jeff Mancini told AMO. Including licensing, they grew subscription revenue 7% from one year to the next.

“The target to double revenue to $50 million in 2028 will come not only from around 10% organic subscription growth, but also from built-in price increases of 10% a year on enterprises subs and escalating licensing products through channels like Lexis Nexis and Bloomberg. And they’ll definitely need to do some M&A, Mancini said.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.