Kim Kardashianwas denied entry to Queen Elizabeth IIPlatinum Jubilee, to the end of Johnny Depp vs. Amber Heard defamation trial, its been a long week.
17.05.2022 - 17:17 / variety.com
Todd Spangler NY Digital EditorCandle Media, the next-gen media roll-up play run by ex-Disney execs Kevin Mayer and Tom Staggs, announced the acquisition of ATTN:, a media company that produces short-form news content for Gen Z and millennial audiences.Financial terms weren’t disclosed. According to a source familiar with the pact, Candle Media is paying about $100 million for ATTN: in cash and stock; the deal could be worth up to $150 million with additional earn-out provisions.
The transaction is expected to close within 30 days.Candle said it will help provide capital, scale and expertise to accelerate ATTN:’s growth across social media, TV and streaming services, in addition to growing its publishing, brand studio, creative strategy and agency services. ATTN: co-founders Matthew Segal and Jarrett Moreno, along with the company’s existing senior management team, will continue to oversee day-to-day operations, original content and production.Candle Media, formed last year and backed by private-equity firm Blackstone, has announced three other acquisitions to date: Kids’ content aggregator Moonbug Entertainment in December 2021 for $3 billion; Reese Witherspoon’s Hello Sunshine for $900 million; and Faraway Road, producer of Netflix’s “Fauda,” for under $50 million.
The company also took minority stake in Westbrook, the media company co-founded by Jada Pinkett Smith and Will Smith.In announcing the deal Mayer and Staggs said: “ATTN: has a deep, digital-native understanding for how to cut through the noise and reach today’s audiences through engaging content on social media. We are excited for them to join Candle and provide the benefits of their talented team’s expertise across our brands and franchises.”ATTN:’s Segal
.Kim Kardashianwas denied entry to Queen Elizabeth IIPlatinum Jubilee, to the end of Johnny Depp vs. Amber Heard defamation trial, its been a long week.
Self Esteem, has penned an essay about the pressure she believes female artists face to provide TikTok content.The article comes following a number of artists speaking publicly about their experiences of their labels and management pushing them to post on the social media platform.They include FKA Twigs, who has said: “It’s true all record labels ask for are TikToks and I got told off today for not making enough effort” and since deleted her TikTok account. Charli XCX, Florence Welch and more have also expressed similar sentiments.Halsey, meanwhile, said earlier this month: “I have a song that I love that I wanna release ASAP, but my record label won’t let me… my record company is saying that I can’t release it unless they can fake a viral moment on TikTok.
EXCLUSIVE: Former Disney exec David Levine is exiting kids entertainment powerhouse Moonbug Entertainment, Deadline has learned. The well-liked exec has been Head of Studios since December 2020.
Bella Thorne, Nick Jonas, and more check out the 10 best celebrity TikToks of the week.Kylie, Kendall, and Kris Jenner get caught with a hilarious filter while on a private plane. The video has over 26 million views.
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Was Kris Jenner‘s dress for Kourtney Kardashian and Travis Barker‘s wedding inspired by Moira Rose? One fan compared the famous momager’s feathered Dolce & Gabbana gown to a look seen on Schitt’s Creek — and the resemblance is uncanny!
’Tis the season! Deacon Phillippe, Sofia Pagan and more celebrity kids are getting dolled up for prom in 2022.
“The Coup” in partnership with AP productions. Exile also holds the IP for the character Manolito Gafotas, whose books have been translated into more than 20 languages in 22 countries.
Jennifer Maas TV Business WriterKevin Mayer and Tom Staggs’ Candle Media has acquired Spanish-language producer Exile Content Studio.Per Candle Media, “Exile’s mission is to create content featuring the experiences and voices of diverse Spanish-speaking communities from around the world.”The company was founded in 2019 by Isaac Lee, formerly the chief content officer for Univision and Televisa. The production company specializes in feature films, scripted and unscripted television, music and audio storytelling and commerce activities for digital media.Exile, which is has its headquarters in Los Angeles and offices in Mexico City, Madrid, and Miami, will continue to be overseen by Lee and Exile’s senior management team for day-to-day operations.
Kevin Mayer and Tom Staggs’ Candle Media has acquired its latest company, Spanish-language content powerhouse Exile Content Studio.
Kevin Mayer and Tom Staggs’ Candle Media has hired seasoned executives Courtney Cappa and Kendall Ostrow as, respectively, SVP, Finance & Accounting, and SVP, Business Development & Community.
Taylor Swift‘s new song ‘Carolina’ has been shared in the latest trailer for Where The Crawdads Sing – check it out below.Back in March, it was revealed that Swift had written a brand new song for the forthcoming film adaptation of Delia Owens’ hit 2018 novel, which stars Normal People‘s Daisy Edgar-Jones.The film is set to hit cinemas on July 15, and it’s not clear when the full version of ‘Carolina’ will be available.In a post back in March announcing the existence of ‘Carolina’ and discussing her relationship with the film, Swift said: “Where The Crawdads Sing is a book I got absolutely lost in when I read it years ago. As soon as I heard there was a film in the works starring the incredible Daisy Edgar Jones and produced by the brilliant Reese Witherspoon, I knew I wanted to be a part of it from the musical side.“I wrote the song ‘Carolina’ alone and asked my friend Aaron Dessner to produce it.
Valerie Bertinelli is looking forward to better days. On Monday, ET confirmed that the 62-year-old actress filed for divorce from husband Tom Vitale after 11 years of marriage.
Valerie Bertinelli is looking forward to better days. On Monday, ET confirmed that the 62-year-old actress filed for divorce from husband Tom Vitale after 11 years of marriage. That same day on TikTok, Bertinelli responded to a fan who commented in part, «I'm worried about you...you seem so distressed and sad.»In a video, a clearly emotional Bertinelli admitted, «I'm just having a bad day.