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Wednesday, November 2, 2022

[New post] Report: Jeff Zucker In Talks To Lead Sports Investment Fund

Site logo image Eduardo Razo posted: " After exiting CNN's presidency role, Jeff Zucker is finally moving on to a new position that will see him go away from the news media.  The Ankler reported on Tuesday that Zucker, whose tenure at the cable news channel ended i" Barrett Media

Report: Jeff Zucker In Talks To Lead Sports Investment Fund

Eduardo Razo

Nov 2

After exiting CNN's presidency role, Jeff Zucker is finally moving on to a new position that will see him go away from the news media. 

The Ankler reported on Tuesday that Zucker, whose tenure at the cable news channel ended in February under some controversy, is poised to head into an arena: sports.

"Zucker, who oversaw Turner Sports under then-WarnerMedia, is in talks to lead a $1 billion sports investment fund for RedBird Capital Partner's Gerry Cardinale, the managing partner and CEO of the New York-based investment firm," The Ankler wrote.

"The gig would be somewhat unconventional for Zucker — one of the few behind-the-camera executives who also is a household name. Although RedBird has plenty of cash and resources to grow its footprint in the world of sports, it doesn't boast a brand that necessarily on the outside would be commensurate with Zucker's profile and experience."

Zucker has three-plus decades in news and entertainment that, including his position as president and CEO of NBCUniversal, so he's leaving behind plenty of experience working at some of the most significant news networks. 

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