Former CNN boss Jeff Zucker has agreed to acquire newsletter startup Front Office Sports, Axios has learned.
Why it matters: This is Zucker’s first acquisition since launching RedBird IMI, a $1 billion investment fund focused on media, entertainment and sports.
Details: The deal, which remains unannounced, marks a new chapter for FOS, which CEO Adam White launched while in college in 2014.
The big picture: RedBird IMI last month said it would launch a new non-fiction content studio led by former Time president Ian Orefice.
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