Entertainment2 sources
RedBird Capital and Sound Ventures Announce $1 Billion Investment Partnership
- Gerry Cardinale’s RedBird Capital Partners and Guy Oseary’s Sound Ventures have partnered to invest up to $1 billion.
- The investment will target emerging platforms at the intersection of technology, media, and culture.
- RedBird will contribute the expertise of RedBird X, its technology investment arm, to the partnership.
- The partnership aims to invest in companies that are at the convergence of technology, media, and culture.
- The investment follows RedBird’s major investment in David Ellison’s Skydance and Sound Ventures’ backing of Artists Equity.