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All3Media Sells to Jeff Zucker’s Redbird IMI for $1.45 Billion
Redbird IMI has snapped up All3Media from owners Liberty Global and Warner Bros. Discovery for $1.45 billion.
An investment group run by Jeff Zucker and former Goldman Sachs banker Gerry Cardinale, Redbird IMI recently revealed plans to acquire the U.K.’s Telegraph newspaper and Spectator magazine. Our strategy remains to work with the world’s best talent, developing and producing high quality, popular programmes and RedBird IMI’s support and investment will be key in helping us deliver this. Discovery and Liberty Global have built together over the past decade, and given RedBird IMI’s strong commitment to creative excellence, we are confident they are best suited to shepherd this world-class production studio into its next phase and can’t wait to see all that’s ahead.”
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