RedBird Capital and Sound Ventures Launch $1 Billion Fund for Tech, Media and Culture

Variety · 2026-10-29
RedBird Capital and Sound Ventures Launch $1 Billion Fund for Tech, Media and Culture

Gerry Cardinale’s RedBird Capital Partners and Guy Oseary’s Sound Ventures have joined forces to deploy up to $1 billion in emerging platforms at the intersection of technology, media and culture. The collaboration follows RedBird’s major investment in David Ellison’s Skydance and taps RedBird X, the firm’s specialized unit for early-stage opportunities. Under the agreement, RedBird brings its operational expertise and broad network, while Sound Ventures contributes its track record in backing high-profile consumer and entertainment startups. The fund targets companies that blend content, community and commerce, reflecting a growing appetite for convergence plays across Hollywood and Silicon Valley. The move underscores how established investors are positioning for the next wave of digital platforms that blur traditional industry lines. For entrepreneurs, the partnership offers access to capital plus strategic guidance from two influential players in media and technology. With $1 billion in dry powder, RedBird and Sound Ventures aim to shape the future of culture-defining businesses.