Member Mailing: Three More Acquisitions from Blackstone's Candle Media (Kevin Mayer & Tom Staggs)
Key Takeaways
The new media venture from Blackstone and ex-Disney executives Tom Staggs and Kevin Mayer is now Candle Media
Their business logic, in broad brushstrokes, bets primarily on near-guaranteed growing production revenues from streaming
The challenge for Candle Media in both the creator economy and in OTT streaming is cutting through the competit…
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