Candle Media Trims Costs, Reorganizes Divisions Amid Streaming Spending Pullback ...Middle East

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Candle Media Trims Costs, Reorganizes Divisions Amid Streaming Spending Pullback
Candle Media, the entertainment company backed by private equity giant Blackstone and headed up by former Disney executives Kevin Mayer and Tom Staggs, is reorganizing around two divisions, The Hollywood Reporter has confirmed. The internal changes at Candle Media, first reported on by Semafor on Tuesday, will see animated series folded into the company’s children’s media company […]

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