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Former CNN Chief Jeff Zucker Has a New Job at RedBird IMI. What Is It?


Since leaving CNN a year ago, Jeff Zucker, the network’s former president, has been on the hunt for deals, flush with $1 billion in backing from big investors in the worlds of media and finance.RedBird Capital Partners, a private-equity firm, and International Media Investments, a funder with connections to the government of the United Arab Emirates, are betting that Mr. Zucker’s record in the media industry will help him zero in on promising investments in digital media, sports, entertainment and news.In addition to Mr. Zucker, the key players in the new venture, known as RedBird IMI, are Gerry Cardinale, the chief executive and founder of RedBird, and Sultan Ahmed Al Jaber, an Emirati government minister who has spearheaded many of IMI’s investment conversations in the United States. Mr. Cardinale is the chief investment officer of RedBird IMI, and Mr. Al Jaber is chairman.Red …

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