While the hosts of Today’s third hour were lampooned in a recent episode of Seth MacFarlane’s adult animated sitcom Family Guy, they made it clear on Friday’s show that they’re taking the joke in stride.
11.01.2022 - 19:07 / deadline.com
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.
The acquistion had been anticipated and marks the latest expansion of the company into content in a handful of deals in recent months that’s made it a major player in media M&A. Last week, it agreed to buy a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc., which followed acquisitions of Reese Witherspoon’s Hello Sunshine (Big Little Lies, Little Fires Everywhere) and Moonbug Entertainment, producer of Netflix runaway kids’ favorite CoComelon.
Founded by Lior Raz & Avi Issacharoff, Faraway Road Productions is set to premiere season four of Fauda later this year on Israel’s YES TV and streaming worldwide on Netflix. Other current development projects include the film Siege of Bethlehem – to be directed by Antoine Fuqua – and a non-scripted spy thriller for Showtime with director Greg Barker.
“Lior and Avi are world-class storytellers who produce exhilarating content that strikes a chord globally with audiences across cultures and languages. They are exactly the type of partners we and Blackstone are looking to invest behind – and we are excited to work with them to further accelerate Faraway Road’s growth trajectory,” said Mayer and Staggs. The are co-chairmen and co-CEOs of Candle Media.
Financial details weren’t disclosed.
The company calls itself “an independent, creator-friendly home for cutting-edge, high-quality, category-defining brands and franchises that is built for the digital age. By bringing together elite talent operating at the intersection of content, community, and commerce, it helps
While the hosts of Today’s third hour were lampooned in a recent episode of Seth MacFarlane’s adult animated sitcom Family Guy, they made it clear on Friday’s show that they’re taking the joke in stride.
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