Candle Media

Moonbug acquires Singapore’s One Animation & plans for ‘Oddbods’ global expansion

UK-based Cocomelon outfit Moonbug Entertainment has acquired One Animation, the Singapore-based media company and production studio behind children’s animation Oddbods. The Rene Rechtman-led Moonbug plans to expand Oddbods’ global distribution reach and grow the brand into new formats, products and experiences. One Animation’s team will join Moonbug, but will remain in Singapore and continue developing and […]

Candle Media extends acquisition spree with Spanish-language studio Exile Content

Blackstone-backed Candle Media’s acquisition spree continues as the Kevin Mayer and Tom Staggs-led firm has bought Spanish-language studio Exile Content. Founded in 2019 by former Univision and Televisa CCO Isaac Lee, LA-based Exile produces feature film, scripted and unscripted television, music and audio content for global Spanish speaking audiences. Lee and Exile’s current senior management […]

Candle Media hires Disney, UTA execs to oversee acquisitions & integration

Fast-growing investment firm Candle Media has hired former UTA and Disney execs as its chief development officer and CFO. Brent Weinstein will lead development for Candle and joins from US-based agency UTA, where he was a partner and served as chief innovation officer. He oversaw divisions including live events, podcasting and NFT’s, as well as […]

Candle Media confirms deal to buy ‘Fauda’ prodco Faraway Road

Kevin Mayer and Tom Staggs’ Blackstone-backed Candle Media has acquired Fauda prodco Faraway Road Productions. The acquisition of the Israeli studio, which is also behind the series Hit And Run and the upcoming feature Siege Of Bethlehem, first emerged late last year and is the latest in a string of major expansions for the recently-named […]

Kevin Mayer & Tom Staggs’ Candle Media buys into Will Smith’s Westbrook Studios

Candle Media, the private equity-backed investment firm launched by former Disney execs Kevin Mayer and Tom Staggs, has taken a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Studios. The deal follows reports last year that Mayer and Staggs’ Blackstone Group-backed firm was looking to buy into the prodco, which was founded in […]