Candle Media
Candle Media is a Blackstone-backed, Los Angeles-based media company co-founded by former Disney executives Kevin A. Mayer and Thomas O. Staggs that currently owns the companies Moonbug Entertainment, Hello Sunshine, and the production company of Israeli thriller series Fauda, Faraway Road Productions.[1] It also owned a minority stake on Westbrook Inc.
| Founded | 2021 |
|---|---|
| Founders | Kevin A. Mayer and Thomas O. Staggs |
| Headquarters | , United States |
| Owners | Kevin Mayer & Tom Staggs |
| Subsidiaries | Moonbug Entertainment Hello Sunshine Faraway Road Productions |
History
Before co-founding Candle Media in 2021,[2] Kevin Mayer and Tom Staggs originally led a blank-check company Forest Road Acquisition Corp.[1]
Subsidiaries
| Acquisition date | Subsidiary | Notes |
|---|---|---|
| August 2021[2][1] | Hello Sunshine | |
| November 2021[1] | Moonbug Entertainment | |
| January 5, 2022[3] | Westbrook Inc. | minority (10% stakes) |
| January 12, 2022[4] | Faraway Road Productions |
References
- "Candle Media Enlists Key Executives Amid Hollywood Buying Spree". The Hollywood Reporter. January 13, 2022. Retrieved January 14, 2022.
- "Candle Media confirms deal to buy 'Fauda' prodco Faraway Road". TBI. January 11, 2022. Retrieved January 15, 2022.
- "Kevin Mayer And Tom Staggs' Candle Media Takes $60 Million Minority Stake In Westbrook Inc". Tubefilter. January 5, 2022. Retrieved January 16, 2022.
- "Candle Media acquires Israeli studio Faraway Road Productions". Broadcast Pro ME. January 12, 2022. Retrieved January 16, 2022.
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