Jeff Shell, whose tenure running NBCUniversal came to an abrupt end last spring, is in advanced talks to join private equity firm RedBird Capital Partners. The executive, who had already been working in an informal capacity with the firm, is in discussions to come aboard full time early next year, a rep from the company
private equity
Hollywood and media industry financing sources have tended to be cyclical, with new money refreshing the old every few years. The current cycle of private equity investment, though, is bucking that history and could extend the M&A wave for years to come, dealmakers say. Transactions like the $900 million takeover of Reese Witherspoon’s Hello Sunshine,