Discover Jeff Zucker’s New Role at RedBird IMI After Leaving CNN.

Jeff Zucker, the former president of CNN, has recently taken on a new role at RedBird IMI, a private investment firm. After leaving CNN in March 2021, Zucker has been appointed as a partner and senior advisor at RedBird IMI, where he will be responsible for overseeing the firm’s media and sports investments.

RedBird IMI is a relatively new investment firm that was founded in 2019 by Gerry Cardinale, a former Goldman Sachs executive and founder of the sports media company, One World Sports. The firm focuses on investing in companies that operate in the media, sports, and entertainment industries. Some of its notable investments include the French soccer team Toulouse FC and the sports betting platform Betway.

Zucker’s appointment at RedBird IMI is significant because of his extensive experience in the media industry. Prior to his role at CNN, Zucker served as the CEO of NBCUniversal and was responsible for overseeing the company’s television networks, including NBC, MSNBC, and CNBC. He also played a key role in launching the streaming service Peacock.

At RedBird IMI, Zucker will be working closely with Cardinale to identify investment opportunities in the media and sports sectors. In a statement announcing Zucker’s appointment, Cardinale said, “Jeff’s deep understanding of the media landscape and his track record of success make him an invaluable addition to our team.”

Zucker’s appointment comes at a time when the media industry is undergoing significant changes. The rise of streaming services like Netflix and Amazon Prime has disrupted traditional television networks, while social media platforms like Facebook and Twitter have become major players in the news industry. As a result, media companies are looking for new ways to adapt to these changes and stay relevant.

RedBird IMI is well-positioned to take advantage of these changes, thanks to its focus on investing in companies that operate in the media and sports industries. With Zucker on board, the firm will be able to leverage his expertise and experience to identify investment opportunities that are likely to succeed in this rapidly changing landscape.

Overall, Jeff Zucker’s new role at RedBird IMI is an exciting development for both the firm and the media industry as a whole. With his extensive experience and track record of success, Zucker is well-positioned to help RedBird IMI identify and capitalize on investment opportunities in the media and sports sectors. As the industry continues to evolve, it will be interesting to see what new investments and partnerships Zucker and RedBird IMI will pursue.

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• Source: Plato Data Intelligence.