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.
The company has issued a press release confirming some of what had been reported by Semafor on Tuesday morning. (See earlier details below.) "We are excited to announce that in order to continue to ...
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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