Entertainment
RedBird Capital Takes Majority Stake in Puck at $250 Million Valuation
Media startup tells staff the investment will fuel acquisitions, new markets and expansion while preserving editorial independence RedBird Capital Partners has struck a deal to acquire a majority stake in Puck, valuing the five-year-old…
AI Summary
RedBird Capital Partners has agreed to purchase a majority stake in Puck, a five‑year‑old digital media startup, in a deal that values the company at roughly $250 million. The investment is intended to fund acquisitions, entry into new markets and overall expansion, while the firm says it will maintain Puck’s editorial independence.
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