Dividends and Former CNN President Zucker makes new bet on prestige TV

In financial planning myth there is a level of money which if people had they would not go to work and many people strive towards the number. What number in the bank and investments would you need to retire? There is no perfect number, but it generally depends on the cost of the lifestyle you presently enjoy. In reality people live on the lowest levels of government assistance as their prime income. Often in the financial papers you will see formerly very well-paid people – moving to another position. What is their motivation? for at the income they received they should be able to retire.

In an article by Michael M Grynbaum of the New York Times News Service, Jeff Zucker the former CNN president and one time executive producer of the Today Show is investing in Media Res through RedBird IMI. Mr. Zucker founded a private equity firm called RedBird Capital. The company teamed up with Sheikh Mansour bin Zayed aal Nahyan, an Emirati royal to form RedBird IMI. The company Media Res was founded by Michael Ellenberg who is also the CEO.

RedBird IMI has invested in a sports news platform, a documentary studio, a children’s entertainment company and is making a bid to buy The Daily Telegraph in London, UK.

Mr. Ellenberg said Mr. Zucker’s investment will allow him to hire more people and expand the studio’s domestic and international production slate. Media Res biggest TV show is the Morning Show on Apple TV.

Linking to dividend paying stocks, people buy dividend paying stocks for all types of reasons and having regular income is the key. Ideally in your life you will have options – whether to work, have projects around the home, take longer time off, and enjoy life with the income you receive. Although in every area of the world there are stunning things to see for free thanks to the beauty of nature, it is always nice to have extra money in the account.

There are more questions than answers, till the next time – to raising questions.

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