UPDATED with official announcement: Kevin Mayer and Tom Staggs’ Blackstone-backed Candle Media has formally clinched its latest deal — for Faraway Road Productions, the company behind Fauda and Hit & Run.
23.12.2021 - 05:15 / deadline.com
Kevin Mayer and Tom Staggs’ Blackstone-backed media venture has set its next acquisition, of Faraway Road Productions, the company behind Fauda and Hit & Run, Deadline has confirmed.
The deal will likely be announced early in the new year, according to people familiar with the transaction. It will be the duo’s third following Reese Witherspoon’s Hello Sunshine (Big Little Lies, Little Fires Everywhere) and Moonbug Entertainment, producer of Netflix runaway kids’ favorite CoComelon. Those deals
UPDATED with official announcement: Kevin Mayer and Tom Staggs’ Blackstone-backed Candle Media has formally clinched its latest deal — for Faraway Road Productions, the company behind Fauda and Hit & Run.
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Todd Spangler NY Digital EditorThe roll-up media venture led by ex-Disney execs Tom Staggs and Kevin Mayer has set its next acquisition: Faraway Road Productions, the Israeli entertainment company behind Netflix series “Fauda” and “Hit & Run,” Variety has confirmed.The deal for Tel Aviv, Israel-based Faraway — founded by and headed by Avi Issacharoff and Lior Raz (pictured above) — is the third for the still-unnamed company formed by Stagg and Mayer with the backing of private-equity company
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