RedBird Capital Partners Announces Agreement To Acquire Telegraph Media Group
RedBird Capital Partners (“RedBird”) today announced that it has reached an in-principle agreement to acquire The Telegraph Media Group (“The Telegraph” or “TMG”) at a total enterprise valuation of £500m, becoming the sole control owner. It is the largest investment in UK print media in a decade and unlocks a new era of growth for the 170-year-old title.
NFL and RedBird Capital Partners Announce Formation of a New Venture to Deliver NFL Sunday Ticket to Commercial Establishments
The National Football League and RedBird Capital Partners today announced the formation of EverPass Media, a new media platform which will hold the exclusive rights to distribute NFL Sunday Ticket to bars, restaurants, hotels and other commercial venues in the United States starting with the 2023 NFL season.
RedBird Capital Partners to Acquire Talent Systems, The Industry’s Premier Tech-Driven Global Casting Marketplace
RedBird Capital Partners (“RedBird”), along with private markets investment firm StepStone Group (Nasdaq: STEP), today announced a definitive agreement to acquire a majority stake in Talent Systems, the preeminent casting software and talent marketplace for the entertainment industry. Talent Systems was formed by Co-CEOs Rafi Gordon and Alex Amin and in 2021 managed over 50,000 projects and more than 2 million auditions, facilitating the effective discovery, auditioning and hiring of talent across film, television, commercials, theater and digital productions. Financial terms were not disclosed.
