RedBird Capital Partners signs a deal to acquire a majority stake in Puck, valuing the media startup at $250 million. The arrangement designates RedBird as lead investor in Puck’s funding round. Puck founder Jon Kelly says the deal does not affect editorial independence.
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US outlets highlight the valuation and RedBird's role as lead investor, signaling consolidation in media-backed startups
Editorial independence is mentioned by Puck but not elaborated beyond a quote
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