Episode 126: RedBird's $250M Bet on Puck
RedBird Capital is nearing a deal to acquire Puck — the subscription journalism platform behind Matthew Belloni's Hollywood coverage — at a reported $250 million valuation. For agents, showrunners, and studio executives who rely on Puck as a primary source of entertainment business intelligence, the ownership change raises immediate questions about editorial independence, writer retention, and what a PE-backed acquisition means for one of the few outlets doing serious, sourced industry reporting. Key Takeaways: RedBird Capital, led by Gerry Cardinale, is reportedly close to acquiring Puck at…
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