"Jeff Zucker's RedBird IMI Acquires Stake in 'The Morning Show' Producer Media Res"

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Source: The New York Times
"Jeff Zucker's RedBird IMI Acquires Stake in 'The Morning Show' Producer Media Res"
Photo: The New York Times
TL;DR Summary

Jeff Zucker, the former president of CNN, is making a strategic investment in Media Res, an independent studio known for producing "The Morning Show" on Apple TV+. This move marks Zucker's first foray into scripted programming since his tenure at NBCUniversal and is part of his broader ambitions to create a media empire with his venture company, RedBird IMI. Zucker plans to join the studio's board, offering guidance while Media Res CEO Michael Ellenberg maintains majority ownership. RedBird IMI, backed by RedBird Capital and an investment fund from Emirati royal Sheikh Mansour bin Zayed al Nahyan, has also invested in various other media ventures since Zucker's departure from CNN.

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