Zucker Acquires Front Office Sports Minority Stake With New Media Investment Fund: Report
Zucker Acquires Front Office Sports Minority Stake With New Media Investment Fund: Report
Former CNN chief Jeff Zucker has reportedly taken a minority stake in Front Office Sports, the sports media-focused startup, through his $1 billion investment fund RedBird IMI, marking the first acquisition since his fund's inception.
美國有線電視新聞網前總裁Jeff·扎克據報道，他持有少數股權前臺體育，專注於體育媒體的初創公司，通過他的10億美元投資基金紅鳥IMI這是他的基金成立以來的第一筆收購。
Zucker's RedBird IMI is a collaboration between U.S.-based RedBird Capital Partners and UAE-based International Media Investments, both of which are players in the media and entertainment sector.
扎克的紅鳥IMI是總部位於美國的紅鳥資本合夥公司和基於阿聯酋的國際媒體投資公司，這兩家公司都是媒體和娛樂行業的參與者。
The investment fund is geared toward nurturing high-growth companies in the media, entertainment and sports sectors.
該投資基金旨在培育媒體、娛樂和體育行業的高增長公司。
The details of the acquisition, reported by Bloomberg Monday citing a person familiar with the matter, are unknown, but it signifies a new phase for Front Office Sports, initially launched by CEO Adam White in 2014. The company, which had a valuation of around $25 million in 2022 after raising $5 million from Crain Communications, offers mostly free products but introduced paid subscriptions in 2021, according to the Bloomberg report.
Read also: Bill Ackman 'Absolutely' Keen On Investing Big In Elon Musk's X — But Could It Really Go Through?
彭博社週一援引一位知情人士的話報道，這筆收購的細節尚不清楚，但它標誌著最初由首席執行官發起的FrontOffice Sports進入了一個新階段亞當·懷特在2014年。該公司在2022年從以下公司籌集了500萬美元后，估值約為2500萬美元克雷恩通信公司根據彭博社的報告，2021年提供的產品大多是免費的，但引入了付費訂閱。
另請閱讀：比爾·阿克曼“絕對”熱衷於向埃隆·馬斯克的X投資--但這真的會成功嗎？
Zucker's investment aims to bolster Front Office Sports' operations by using the injected capital to speed up its expansion beyond its well-recognized daily newsletter. The organization reportedly plans to use the new capital to expand its newsroom, increase its investment in original video and hire more reporters.
扎克的投資旨在通過利用注入的資本加快其在其廣受認可的每日時事通訊之外的擴張，來支持前臺體育的運營。據報道，該組織計劃利用新資本擴大其新聞編輯部，增加對原創視頻的投資，並聘請更多記者。
Zucker, along with Jason Stein of SC Holdings, will serve as co-chairman of the board, with plans to develop and license new documentaries and video projects, potentially seeking new on-camera talents.
扎克，以及傑森·斯坦SC Holdings的董事長將擔任董事會聯席主席，計劃開發和授權新的紀錄片和視頻專案，可能會尋找新的鏡頭人才。
"The team at Front Office Sports has built an impressive platform for sports business journalism, and I'm excited to help it grow in the years ahead," Zucker said. "Audiences are more interested than ever in the business of sports, and this investment will allow Front Office Sports to create even more compelling news content that draws people in."
Read next: Tesla Slides On Q3 Deliveries: What The Numbers Mean For EV Stock
扎克說：“前臺體育的團隊為體育商業新聞搭建了一個令人印象深刻的平臺，我很高興能幫助它在未來幾年裡發展壯大。”觀眾對體育商業比以往任何時候都更感興趣，這項投資將使前臺體育製作出更具吸引力的新聞內容，吸引人們。“
接下來閱讀：特斯拉關於第三季度交付的幻燈片：這些數位對電動汽車庫存意味著什麼
Photo via Shutterstock.
照片來自Shutterstock。
譯文內容由第三人軟體翻譯。