Former CNN President Jeff Zucker is getting back into the media business as chief executive of a new joint venture between private-equity firm RedBird Capital Partners and International Media Investments
, an Abu Dhabi-based media holding company.
In his new role, Mr. Zucker will focus on building, buying and investing in sports, media and entertainment entities around the world with the backing of RedBird and IMI , which together are investing $1 billion in capital to fund the joint venture, the companies said.
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