Blackstone-backed “next generation” entertainment group Candle Media is tightening belts amid the streaming downturn, enacting a series of cost-cutting measures and reorganization of its acquisitions.
Candle Media, the Blackstone-backed studio run by former Disney executives Tom Staggs and Kevin Mayer, is cutting costs by combining the production companies in its portfolio focused on live-action, ...
Blackstone-backed “next generation” entertainment group Candle Media is tightening belts amid the streaming downturn, enacting a series of cost-cutting measures and reorganization of its acquisitions.
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