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Kevin Mayer

Former ABC News President James Goldston to Launch Studio for Candle Media

Candle Media is expanding its presence in the documentary and nonfiction space. The operating company run by Kevin Mayer and Tom Staggs is turning to another Walt Disney Co. veteran to run the studio: former ABC News president James Goldston. The new division will focus on “scripted and non-scripted features and series inspired by true […]

Kevin Mayer Defends Candle Media’s Acquisition Approach: “We Did Not Overpay for Hello Sunshine”

Kevin Mayer shrugged off the “valuation haters” and offered insights into the big-ticket investment strategy behind his fast-growing entertainment startup Candle Media Wednesday during an appearance at the APOS media summit in Singapore. “We did not overpay for Hello Sunshine,” Mayer said flatly, defending his company, which he co-heads with Tom Staggs, from one persistent […]

Candle Media Acquires Spanish-Language Studio Exile Content

Kevin Mayer and Tom Staggs’ Candle Media has acquired Spanish-language production firm Exile Content Studio.  Exile was founded by Isaac Lee, the former chief content officer of Univision and Televisa, and produces feature films, scripted and unscripted television, as well as music and audio features. The studio, which is based in Los Angeles, but has offices […]

Candle Media Buys Social Video Company ATTN:

Candle Media, run by Kevin Mayer and Tom Staggs, has acquired social media creative company ATTN:. With the acquisition, Candle will help ATTN:, which creates original social media content for Gen Z and millennial audiences, grow its publishing arm as well as its brand studios, creative strategy and agency services. Matthew Segal and Jarrett Moreno, […]

MIPTV: Candle Media’s Kevin Mayer on Billion-Dollar Deals and the Importance of Staying Independent

Kevin Mayer, co-CEO of Candle Media, gave a look under the hood of the fast-growing Blackstone-backed media company he runs with Tom Staggs at the opening keynote of the 2022 MIPTV international television market Monday. Mayer took the stage together with Rene Rechtman, CEO of Moonbug Entertainment, the kids’ entertainment group that Candle acquired for […]

Reese Witherspoon’s Hello Sunshine Acquires Lifestyle and Organizing Brand The Home Edit

Hello Sunshine, the media and entertainment company founded by Reese Witherspoon, wants to help organize your house. The company has acquired The Home Edit, a lifestyle brand and home organization company founded by Clea Shearer and Joanna Teplin. Hello Sunshine plans to grow the business through “additional content and commerce offerings, and creating more ways […]

Moonbug Entertainment Buys Little Angel YouTube Franchise

Moonbug Entertainment, fresh off of its $2.7 billion sale to Candle Media, is expanding its footprint. The company is acquiring Little Angel, a YouTube network with more than 88 million subscribers, the company said Wednesday. Little Angel will join Moonbug’s other kids properties, which include Cocomelon and Blippi, in the company’s portfolio. Both have strong […]

Discovery in Exclusive Talks Over U.K. Sports Joint Venture With BT

Discovery and British telecom giant BT Group said on Thursday that they were in exclusive talks to merge their sports media units BT Sport and Eurosport in the U.K. and Ireland. BT Group “has entered exclusive discussions with Discovery Inc. on a deal to create a new sport and entertainment offering for customers in the […]

Candle Media Enlists Key Executives Amid Hollywood Buying Spree

Kevin Mayer and Tom Stagg’s media company Candle Media has bolstered its executive ranks by naming Salil Mehta as CFO and Brent Weinstein as chief development officer. The Blackstone-backed firm tapped Mehta, most recently president of NextGames, to oversee its financial operations. Earlier, Mehta was general manager of Walt Disney’s digital media, where he oversaw […]

Will Smith and Jada Pinkett Smith’s Westbrook Inc. Sells Minority Stake to Tom Staggs and Kevin Mayer’s Candle Media

Kevin Mayer and Tom Staggs’ media company has acquired a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc., the companies said on Tuesday. The Westbrook sale marks the fourth high-profile deal for Candle Media, Mayer and Staggs’ previously unnamed media venture backed by Blackstone. Mayer and Staggs had been in conversations with Westbrook […]

Kevin Mayer and Tom Staggs Venture to Buy ‘Fauda’ Producer Faraway Road

The new media company led by Kevin Mayer and Tom Staggs has found its next acquisition. The still-unnamed company will acquire the Israeli production company Faraway Road Productions, The Hollywood Reporter has confirmed. Faraway Road produces the Netflix shows Fauda and Hit & Run. The deal is expected to be officially unveiled in the new […]

‘Cocomelon’ Owner Sold to Kevin Mayer and Tom Staggs Venture in $3B Deal

Former Disney execs Kevin Mayer and Tom Staggs have made their second major acquisition for their new Blackstone-backed content venture. Their company has acquired Moonbug Entertainment Ltd., the company behind kids’ shows CoComelon and Blippi, it said Thursday evening. Terms of the deal were not disclosed, but Bloomberg pegged the value of Moonbug at $3 […]