Friday Mailing: Blackstone's Candle Media Bet after "The Slap" At The Oscars
Of places I’d love to be a fly on the wall after "the slap" at Sunday’s Oscars, it’s at Candle Media.
Why?
Because in January, they invested $60MM for 10% of Westbrook Inc., the media company founded by Will Smith and Jada Pinkett Smith.
Candle Media's business logic, in broad brushstrokes, is making bets on both guaranteed growing production company reve…
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