A Texas man facing the death penalty claims a Comedy Central roast conducted during his imprisonment unfairly influenced his sentencing.
13.12.2022 - 19:05 / deadline.com
Former CNN and NBCUniversal boss Jeff Zucker, private equity firm RedBird Capital Partners and Abu Dhabi-based International Media Investments have formalized plans for a joint venture.
RedBird IMI, as the new entity is known, has $1 billion in committed funds aimed at “large-scale” media and sports investment opportunities, participants said.
Zucker will be CEO of the venture and he is also joining RedBird as an operating partner. RedBird, which was founded by former Goldman Sachs banker Gerry Cardinale, has recently teamed with Ben Affleck and Matt Damon on their new company. It is a stakeholder in Skydance as well as the XFL, which was bought out of bankruptcy by Dwayne Johnson and Dany Garcia.
Word of the Zucker-RedBird venture first surfaced last month. Zucker left his post at WarnerMedia overseeing sports and news after disclosing a consensual relationship with former colleague, Allison Gollust. While many in the CNN ranks had long known the pair had been romantically involved, Zucker had also come under scrutiny due to former primetime host Chris Cuomo’s actions as an adviser to his brother, former NY Gov. Andrew Cuomo.
Zucker arrived at CNN in 2013 and then added oversight of Turner Sports in 2019. Before his time at WarnerMedia, he had a 25-year run at NBCU, capped by a four-year stint as CEO.
“I’ve spent 35 years running media businesses at the intersection of news, sports and entertainment, creating new brands and resurrecting old ones,” Zucker said in a press release. “That experience has given me unparalleled perspective for this unique time in media, and the combination of the RedBird and IMI capital and strategic discipline, combined with my operational experience, will give this joint venture a unique
A Texas man facing the death penalty claims a Comedy Central roast conducted during his imprisonment unfairly influenced his sentencing.
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