Gerry Cardinale’s RedBird and Guy Oseary’s Sound Ventures Team on $1 Billion Fund Targeting Tech, Media and Culture Investments

By Todd Spangler

Todd Spangler

NY Digital Editor

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Gerry Cardinale‘s RedBird Capital Partners, coming off its major investment in David Ellison’s Skydance, announced a pact with Guy Oseary‘s Sound Ventures to jointly invest up to $1 billion in “emerging platforms at the convergence of technology, media and culture.”

As part of the agreement, RedBird will contribute the “expertise” of RedBird X, the firm’s dedicated AI investment and incubation platform.

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