The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment.
Category: RedBird Capital Partners Management LLC
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RedBird Capital Withdraws Takeover Bid for UK’s Telegraph
The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.
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Chris Wallace, a CBS News Scion, Is Advising Its New Owner
The longtime news anchor recently began working for a financial firm connected to CBS’s new parent company and has spoken with the network’s owner, David Ellison, several times.
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Telegraph Newspaper to Be Sold to Private Equity Firm RedBird Capital
After years in limbo, the British newspaper is set to be bought by RedBird Capital, an American investment firm with many sports, media and entertainment holdings.
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The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing magazine in a deal worth more $131 million.
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Former CNN Chief Jeff Zucker Has a New Job at RedBird IMI. What Is It?
Mr. Zucker is C.E.O. of a $1 billion investment venture backed by RedBird Capital Partners and International Media Investments, an Emirati firm.
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Ben Affleck and Matt Damon to Start Independent Production Company, Artists’ Equity
The New York Times – Business:Unlike streaming services and most studios, they plan to share profits with their actors and off-camera artisans.
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American Money Has Discovered Indian Cricket
The New York Times – Sports:Billion-dollar investment funds and N.F.L. ownership groups are among those angling for a foothold in the Indian Premier League. The returns, not the sport, are the draw.