Media Execs Continue to Drive Private Equity Investors into Media & Entertainment

RedBird IMI was announced less than a month ago as already being fully capitalised.  The new investment firm is a joint venture between US-based RedBird Capital Partners (Redbird) and UAE-based International Media Investments (IMI).  With a primary office in New York, the private equity vehicle expects to acquire equity stakes in large-scale media, entertainment and sports content “properties” on a global basis.

Mr. Zucker is a heavy-weight Media Exec who exited his role...