Last deal

$2.4B

Amount

Private Equity

Stage

07.07.2024

Date

1

all rounds

$2.4B

Total amount

Financing round

General

About Company
New Pluto Global is a creative-driven site for storytellers committed to providing high-quality content.

Also Known As

New Paramount

Last funding type

Private Equity

IPO status

Private

Description

New Pluto Global offers a premium, creative-first destination for storytellers, committed to producing high-quality content, and will be positioned to increase profitability, nurture creator stability and independence, and allow for additional investment in growth areas.
Contacts

Financials

Funding Rounds
1
1

Number of Funding Rounds

$2.4B

Money Raised

Their latest funding was raised on 07.07.2024. Their latest investor RedBird Capital Partners. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
RedBird Capital Partners

RedBird Capital Partners

RedBird Capital Partners builds high-growth companies in sports, media, consumer, and finance.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

New York, NY, USA

total rounds

1

count Of Investments

39

count Of Exists

6
David Ellison

David Ellison

David Ellison is Chief Executive Officer of Skydance, the diversified media company he founded in 2010 to create elevated, event-level, commercial entertainment for global audiences. As CEO, he sets and executes the strategic vision for the company: to create memorable experiences by building immersive worlds and bringing exceptionally crafted stories to life across time and platforms. Under David’s leadership, Skydance has produced blockbuster and award-winning films including True Grit, Mission: Impossible – Ghost Protocol, Jack Reacher, G.I. Joe: Retaliation, World War Z, Star Trek Into Darkness, Terminator Genisys and Mission: Impossible – Rogue Nation. He currently oversees Skydance’s feature film slate, including Star Trek Beyond, Jack Reacher: Never Go Back, Geostorm and Life. In 2013, David launched Skydance Television, which has created two Emmy nominated series – Manhattan on WGN America and Grace and Frankie on Netflix – and has a diverse slate of series across various networks, including Altered Carbon on Netflix, Red Mars on Spike TV and Jack Ryan on Amazon. In 2016, David led the Company’s first acquisition – of leading game developer The Workshop Entertainment, Inc. – and formed Skydance Interactive, a dedicated subsidiary that will create and own original video games and virtual reality experiences. He is an accomplished pilot and a lifelong film enthusiast. David attended the School of Cinematic Arts at USC and is a member of the Producers Guild of America. He resides in Southern California with his wife, musician Sandra Lynn.

current job

Skydance Media
Skydance Media

organization founded

1
Co-Investors
Investors
2
2

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Private Equity
RedBird Capital Partners

RedBird Capital Partners

RedBird Capital Partners builds high-growth companies in sports, media, consumer, and finance.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

New York, NY, USA

total rounds

1

count Of Investments

39

count Of Exists

6
Gerry Cardinale

Gerry Cardinale

Gerry Cardinale is the Founder and Managing Partner of RedBird Capital Partners. RedBird is an investment firm focused on building high growth companies with flexible, long-term capital in partnership with entrepreneurs and families. Since its launch in 2014, RedBird has led over $3.1 billion in equity and co-investments across 20 portfolio companies in its four key industry verticals: (i) Sports, Leisure & Hospitality; (ii) Communications; (iii) Business and Financial Services; and (iv) Energy & Industrial Services. The firm’s investment mandate is predicated on a highly entrepreneurial, company-building mentality, where its capital, investor network and strategic relationships enable business owners to achieve their corporate objectives. Prior to founding RedBird, Gerry spent 20 years at Goldman Sachs where he was a Partner of the firm and a senior leader of the Merchant Bank's private equity investing business, which managed over $100 billion of private capital investments across equity, debt, real estate and infrastructure investment strategies. During his tenure, Gerry worked with entrepreneurs and family business owners to build several successful multi-billion-dollar companies, including the Yankees Entertainment & Sports ("YES") Network, the #1 Regional Sports Network in the United States; Legends Hospitality, a premium ticketing, concessions and merchandising services company which was created in partnership with the Dallas Cowboys and the New York Yankees; and Suddenlink Communications, which was the 7th largest cable company in the United States at the time it was acquired by Altice USA. Gerry currently sits on several boards across the RedBird investment portfolio, including (i) Aethon United, one of the largest independent upstream and midstream natural gas producers in the Haynesville and Wyoming; (ii) Ampler QSR, a diversified quick-service restaurant platform; (iii) Compass Datacenters, a wholesale datacenter developer, specializing in customized build-to-order solutions for cloud, technology, enterprise, and telecom customers; (iv) OneTeam Partners, a platform company with the NFL Players Association (NFLPA) and MLB Players Association (MLBPA) that helps athletes maximize the value of their name, image and likeness rights; (v) Skydance Media, the original content production company founded by the Ellison family across theatrical, subscription video on demand, animation and interactive gaming; (vi) TierPoint, a leading data center and IT infrastructure services provider focused on private and hybrid cloud solutions, managed services, and retail colocation; (vii) Yankee Global Enterprises (“YGE”), the corporate holding company of the New York Yankees and its affiliated businesses; (viii) the Yankees Entertainment & Sports (“YES”) Network, the #1 Regional Sports Network in the United States which broadcasts the live games of the New York Yankees, Brooklyn Nets and New York City Football Club; and (viii) Zenith Shipping, a portfolio of product tankers and dry bulk shipping vessels. Philanthropically, Gerry is a Trustee of the Mount Sinai Health System in New York City and leads one of the multi-state Selection Committees that awards Rhodes Scholarships each year. Gerry received an Honors BA from Harvard University where he graduated Magna Cum Laude and an M.Phil in Politics and Political Theory from Oxford University where he was a Rhodes Scholar.

current job

RedBird Capital Partners
RedBird Capital Partners
David Ellison

David Ellison

David Ellison is Chief Executive Officer of Skydance, the diversified media company he founded in 2010 to create elevated, event-level, commercial entertainment for global audiences. As CEO, he sets and executes the strategic vision for the company: to create memorable experiences by building immersive worlds and bringing exceptionally crafted stories to life across time and platforms. Under David’s leadership, Skydance has produced blockbuster and award-winning films including True Grit, Mission: Impossible – Ghost Protocol, Jack Reacher, G.I. Joe: Retaliation, World War Z, Star Trek Into Darkness, Terminator Genisys and Mission: Impossible – Rogue Nation. He currently oversees Skydance’s feature film slate, including Star Trek Beyond, Jack Reacher: Never Go Back, Geostorm and Life. In 2013, David launched Skydance Television, which has created two Emmy nominated series – Manhattan on WGN America and Grace and Frankie on Netflix – and has a diverse slate of series across various networks, including Altered Carbon on Netflix, Red Mars on Spike TV and Jack Ryan on Amazon. In 2016, David led the Company’s first acquisition – of leading game developer The Workshop Entertainment, Inc. – and formed Skydance Interactive, a dedicated subsidiary that will create and own original video games and virtual reality experiences. He is an accomplished pilot and a lifelong film enthusiast. David attended the School of Cinematic Arts at USC and is a member of the Producers Guild of America. He resides in Southern California with his wife, musician Sandra Lynn.

current job

Skydance Media
Skydance Media

organization founded

1

Activity

Recent News
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