214:, a social media storytelling company, for $ 100 million. In the same month, the company also announced that it will acquire Exile Content Studio, a Spanish production studio. To date, Candle Media has spent approximately $ 4 billion on acquisition deals. The company partnered with
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In July 2024, Candle Media reorganized under two divisions. Its live action properties will be placed under Candle
Studios, with current Hello Sunshine CEO Sarah Harden being named head of the new division. Animation was folded into subsidiary Moonbug Entertainment.
230:, which Mayer had previously served as CEO of. Under the partnership, the company will develop premium content with TikTok. As part of this, Candle Media will develop film, television and audio productions based on works by authors in the
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in
December 2022 to launch a feature aimed at children that would allow users to share personalized videos of characters from popular children's shows such as CoComelon and Blippi. In 2023, the company hired media executive
492:
466:
187:, a children’s entertainment company (formerly the film & television company founded in 1992 and separated in 2018 as remaining few contents and properties) that has produced shows including
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385:
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826:
493:"Westbrook Inc. Announces Strategic Minority Investment from Candle Media, Next-Generation Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone"
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767:"Candle Media Restructures, Folding Animation Into Moonbug As Hello Sunshine Chief Sarah Harden Takes Over Rebranded Studio – Update"
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467:"Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone"
816:
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740:
207:. In the same month, Candle Media also acquired Faraway Road Productions for an estimated $ 50 million.
195:, for nearly $ 3 billion. In January 2022, the company announced a strategic minority investment in
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In August 2021, the company began acquiring content companies starting with Reese
Witherspoon’s
616:"Kevin Mayer and Tom Staggs' Candle Media Acquires Spanish-Language Firm Exile Content Studio"
519:"Kevin Mayer And Tom Staggs' Candle Media Takes $ 60 Million Minority Stake In Westbrook Inc"
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545:"Candle Media Confirms Acquisition of 'Fauda' Production Banner Faraway Road Productions"
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441:"Reese Witherspoon's Hello Sunshine to Be Sold to Media Company Backed by Blackstone"
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Before co-founding Candle Media in 2021, Kevin Mayer and Tom Staggs originally led a
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to oversee a new division developing nonfiction television and film productions.
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689:"Candle Media Hires Ex-ABC News Chief James Goldston to Lead Nonfiction Studio"
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715:"TikTok, Candle Media Ink Strategic Partnership, Will Co-Develop Content"
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In June 2023, Candle Media entered into a strategic partnership with
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663:"Cameo launches Cameo Kids personalized videos with Candle Media"
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642:"Candle Media buys Exile Content Studio in Spanish-language push"
386:"Candle Media Enlists Key Executives Amid Hollywood Buying Spree"
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793:"Private equity's movie studio cuts back for a changed reality"
571:"Candle Media acquires Israeli studio Faraway Road Productions"
415:"Candle Media confirms deal to buy 'Fauda' prodco Faraway Road"
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161:, Faraway Road Productions. It also owned a minority stake in
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741:"TikTok to Get BookTok Boost From Candle Media Partnership"
155:, and the production company of Israeli thriller series
598:"Candle Media Acquires Gen Z Social Video Company ATTN"
808:
790:
827:Entertainment companies based in California
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183:. In November 2021, Candle Media acquired
135:–based media company co-founded by former
822:Mass media companies of the United States
791:Smith, Ben; Hoffman, Liz (July 2, 2024).
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842:Mass media companies established in 2021
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847:American companies established in 2021
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661:Chmielewski, Dawn (December 8, 2022).
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687:Spangler, Todd (February 21, 2023).
739:Carnevale, Robert (June 20, 2023).
210:In May 2022, Candle Media acquired
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147:. Candle Media owns the companies
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832:2021 establishments in California
596:Goldsmith, Jill (May 17, 2022).
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837:Companies based in Los Angeles
713:Weprin, Alex (June 20, 2023).
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176:Forest Road Acquisition Corp.
1:
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765:Hayes, Dade (July 2, 2024).
78:Kevin Mayer & Tom Staggs
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32:; 3 years ago
817:Blackstone Inc. companies
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300:Faraway Road Productions
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96:Faraway Road Productions
719:The Hollywood Reporter
390:The Hollywood Reporter
292:minority (10% stakes)
16:American media company
319:Exile Content Studio
276:Moonbug Entertainment
185:Moonbug Entertainment
149:Moonbug Entertainment
89:Moonbug Entertainment
357:Dun & Bradstreet
102:Exile Content Studio
352:"Candle Media, LLC"
174:blank-check company
23:
602:Deadline Hollywood
577:. January 12, 2022
551:. January 12, 2022
473:. November 4, 2021
421:. January 11, 2022
392:. January 13, 2022
201:Jada Pinkett Smith
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525:. January 5, 2022
499:. January 4, 2021
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297:January 12, 2022
249:Acquisition date
125:Candle Media, LLC
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260:August 2021
242:Subsidiaries
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209:
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124:
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114:.candlemedia
84:Subsidiaries
59:Headquarters
18:
581:January 16,
529:January 16,
425:January 15,
396:January 14,
252:Subsidiary
234:community.
139:executives
133:Los Angeles
64:Los Angeles
811:Categories
523:Tubefilter
497:Blackstone
338:References
197:Will Smith
129:Blackstone
363:April 20,
329:Notables
307:May 2022
205:Westbrook
189:CoComelon
131:-backed,
771:Deadline
750:July 23,
724:July 23,
698:July 23,
672:July 23,
620:Deadline
45:Founders
797:Semafor
776:July 4,
745:TheWrap
693:Variety
667:Reuters
647:Reuters
626:May 27,
555:May 27,
549:Variety
503:May 27,
477:May 27,
451:May 27,
232:BookTok
168:History
107:Website
35: (
27:Founded
255:Notes
228:TikTok
193:Blippi
137:Disney
75:Owners
311:ATTN:
216:Cameo
212:ATTN:
158:Fauda
127:is a
99:ATTN:
778:2024
752:2023
726:2023
700:2023
674:2023
628:2022
583:2022
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505:2022
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453:2022
427:2022
398:2022
365:2024
199:and
191:and
143:and
116:.com
51:and
37:2021
30:2021
445:WSJ
419:TBI
203:’s
112:www
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