Disgraced ex-CNN boss Jeff Zucker in talks for new gig at sports investment fund: report

Ex-CNN boss Jeff Zucker is reportedly in talks to hitch RedBird Capital Companions and its CEO Gerry Cardinale, in line with a report.
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Jeff Zucker — the previous CNN boss who was compelled to resign after it was realized he had been carrying on a years-long consensual affair with a subordinate — is reportedly in talks to go a billion-dollar sports activities funding fund.

The ex-CNN president is in negotiations to hitch Gerry Cardinale’s RedBird Capital Companions, in line with The Ankler, a Substack publication. The Put up has sought remark from RedBird Capital Companions.

The report acknowledged that Zucker might be part of forces with the New York-based funding agency which lately acquired the XFL soccer league together with companions Dwayne Johnson and Dany Garcia.

RedBird Capital Companions additionally owns a bit of the Yankees’ regional sports activities cable community YES, the Italian soccer staff AC Milan, and the Indian Premier League cricket membership Rajasthan Royals.

In line with The Ankler, business observers believed that Zucker had few choices to return as an govt at a information media group given the character of his departure from CNN.

Zucker “even flirted with the thought of operating for [political] workplace,” in line with The Ankler, however he ultimately determined towards doing so.

Gerry Cardinale is CEO of RedBird Capital, an funding agency that has possession stakes in a number of sports activities ventures.

AC Milan by way of Getty Pictures

Zucker isn't any stranger to the world of sports activities. As president and CEO of NBCUniversal, he oversaw a large advertising and promotional marketing campaign plugging the community’s protection of the Olympic Video games.

Zucker’s most up-to-date job title of CNN Worldwide included oversight of the company behemoth’s sports activities media properties, amongst them Turner Sports activities, Bleacher Report and AT&T SportsNet.

In February, Zucker resigned after he did not confide in his bosses that he had been concerned in a longstanding romantic relationship with Allison Gollust, who was chief advertising officer at CNN.

The character of Zucker’s relationship with Gollust surfaced throughout an inner investigation into the community’s dismissal of its former primetime star Chris Cuomo.

Zucker resigned as head of CNN again in February — ending a nine-year reign on the helm of the community.

Getty Pictures

Zucker stop after it was realized that he had been carrying on a years-long consensual affair together with his high advertising officer, Allison Gollust.

Gregory P. Mango

Cuomo was let go by Zucker final 12 months after it was realized that he had helped his brother, then-New York Gov. Andrew Cuomo, craft communications technique to cope with fallout from accusations that he sexually harassed a number of ladies.

Gollust, who had beforehand labored as a communications aide for then-Gov. Cuomo, acknowledged the connection. She resigned weeks after Zucker ended his nine-year reign on the helm of CNN.

Chris Cuomo, who lately joined cable information upstart NewsNation, has pursued authorized motion in a bid to recoup tens of tens of millions of dollars that he would have acquired as per the phrases of his contract had he remained at CNN.