RedBird Clinches Deal to Become Lead Investor in Puck
“It does not change our editorial independence,” Puck founder Jon Kelly told staff Thursday.
“It does not change our editorial independence,” Puck founder Jon Kelly told staff Thursday.
RedBird now has $6 billion committed and is one of two investors alongside the Ellison family controlling Paramount’s voting stock.
A longtime confidant of David Ellison and the former president and COO of Skydance Media, Sisgold most recently led the company’s Paramount Sports Entertainment division.
The Skydance and Artists Equity backer and the talent manager’s investment firm will deploy the cash toward companies “at the convergence of technology, media and culture.”
EverPass investors the NFL, TKO and RedBird will become minority shareholders in DAZN, which is making a major move into the commercial side of sports media.