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…