Puck

RedBird agreed to acquire a majority stake at an approximately $250M valuation, per Reuters and an internal memo. Stake percentage and consideration undisclosed. Standard Investments and TPG exiting; RIT Capital retaining a minority stake. Expected to close pending approval.

Date
2026-09-24
Sector
Talent-led media
Acquirer / investor
RedBird Capital Partners
Deal type
Majority stake
Stake %
Undisclosed
Deal value ($M)
Undisclosed
Implied valuation ($M)
250.0
Value confidence
Reported
Status
Announced; not closed
Term
Undisclosed
Last verified
2026-10-09

Source: Variety

Deal value and implied valuation are separate measures. Blank financial terms are undisclosed; figures are not inferred. Read the methodology.