The $900 million acquisition of Reese Witherspoon’s Hello Sunshine by private equity giant Blackstone Group is a big step toward the launch of a media holding company that will revolve around the three Cs: content, commerce and community.. Disney alums Kevin Mayer and Tom Staggs are guiding Blackstone’s investment in content ventures and will serve as co … Kevin realized the value of an education as a foundation to … Gregory Scott | Professionals | Kirkland & Ellis LLP Other notable names include human rights activist Martin Luther King III, serving as an independent director, and Kevin Mayer, a former Disney (NYSE: DIS) executive. He was CEO of TikTok and COO of its parent company ByteDance Ltd in 2020. Kevin Mayer and Tom Staggs’ media company has acquired a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc., the companies said on Tuesday.. LONDON & LOS ANGELES & NEW YORK–(BUSINESS WIRE)–Moonbug Entertainment Ltd., the digital-first, global children’s entertainment company, today announced it has entered into a definitive agreement to be acquired by the recently formed media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital … Mayer, who had a short stint as CEO of TikTok in mid-2020 , oversaw key acquisitions at Disney including the deals to acquire 21st Century Fox, Pixar, Marvel and Lucasfilm. Kevin Mayer, Tom Staggs and Shaquille O'Neal Team for ... He and Staggs, a former COO and CFO of Disney and Spotify board member, continue to serve as senior advisors to their first SPAC Forest Road, … The still-unnamed media startup founded by Disney vets Kevin Mayer and Tom Staggs, and backed by venture capital firm Blackstone, has found its latest acquisition in Israeli production company Faraway Road Productions. Kevin Mayer Teases Further Acquisitions From Blackstone-Backed Media Firm & Talks Potential DAZN Premier League UK Rights Deal – … Kevin A. Mayer (born 1962) is an American business executive who is the chairman of DAZN Group. Mayer was involved with the purchases of BamTech Media, Pixar, Marvel Entertainment, Lucasfilm, Club Penguin and Maker Studios, as well as its agreement reached in December 2017 to acquire most of the 21st Century Fox assets. In 2010, he arranged the sale of Miramax to Filmyard Holdings. Westbrook Inc. Announces Strategic Minority Investment ... Kevin has 10 jobs listed on their profile. Kevin Mayer and Tom Staggs Media Venture Will Be Named ... Kevin Mayer Kevin Mayer, Tom Staggs, Jeff Sagansky and Faiza Saeed ... Moonbug Entertainment to Be Acquired by Next Generation ... Kevin Mayer. Tom Staggs. An investment firm backed by Blackstone and run by onetime Disney colleagues Kevin Mayer and Tom Staggs has taken a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc.. Among the investments made through that company was the acquisition of Reese Witherspoon’s Hello Sunshine company for around US$900m. He and Staggs, a former COO and CFO of Disney and Spotify board member, continue to serve as senior advisors to their first SPAC Forest Road, … The media venture run by Disney alums Kevin Mayer and Tom Stags and backed by private equity firm Blackstone has acquired Moonbug Entertainment, maker of popular kids shows like CoComelon.. A next generation media company backed by Kevin Mayer, Tom Staggs and Blackstone on the acquisition of Moonbug Entertainment Ltd. EQT on its significant investment, together with Vitruvian Partners, in CFC Former Disney and TikTok executives Kevin mayer We invited an audience at today’s RTS convention in the UK to pitch the name of his new yet untitled media company backed by investment firm Blackstone.He may come up with it right away, as a clothing takeover drive that saw it secure a Megabucks deal For Reese Witherspoon’s Hello Sunshine, Doesn’t … The 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.. Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone. Former Disney and TikTok executive Kevin Mayer invited the audience at today’s RTS Convention in the UK to pitch names for his new, still untitled media company, which is backed by investment firm Blackstone. Shaquille O'Neal, Disney media veterans Thomas Staggs and Kevin Mayer have formed Forest Road Acquisition II, a SPAC seeking $300 in an IPO. Exclusive: Moonbug to ramp up IP portfolio following acquisition. Tags: Forest Road Acquisition Corp Kevin Mayer Shaq John Bishop A graduate of Boston and Northeastern universities, John Bishop, became the beat reporter for BostonBruins.com before the B’s 2006-07 hockey season. The 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. Mayer and Staggs' company has already … Kevin Mayer and Tom Staggs are co-CEOs and co-chairs of the SPAC Forest Road Acquisition Corp II.Mayer, former TikTok CEO and Disney exec, was recently named chairman of DAZN Group. But if completed, the acquisition would be the second major purchase for the Blackstone group, following its purchase of Reese Witherspoon’s Hello Sunshine production company at a $900 million valuation. One massive acquisition that’s more likely—or, at least, two sources close to Mayer and Staggs tell me it looks more likely—is Moonbug Entertainment, the London-based owner of CoComelon. Kevin Mayer and Tom Staggs are co-CEOs and co-chairs of the SPAC Forest Road Acquisition Corp II. He also is credited with a leading role in the acquisition of ESPN. Entertainment finance firm Forest Road has launched its second SPAC with Kevin Mayer and Tom Staggs as co-CEOs and co-chairs. The new media venture run by former Disney executives Kevin Mayer and Tom Staggs finally has a name. Kevin Mayer and Tom Staggs’ media company has acquired a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc., the companies said on Tuesday.. View Kevin Mayer’s profile on LinkedIn, the world’s largest professional community. But earlier this year, two of his former Disney colleagues — Tom Staggs and Kevin Mayer — came calling with an offer he couldn’t refuse. Forest Road Acquisition aims to raise $250 million for media and tech acquisitions. Kevin A. Mayer. Global kids content firm Moonbug Entertainment will seek to create and acquire “more and better IP” following its recent acquisition by Kevin Mayer and Tom Staggs’ Blackstone Group-backed investment outfit. The valuation of the deal, which had been rumored in recent weeks, was not specified in the official announcement, but people familiar with the transaction pegged it at … Kevin Mayer joined TikTok as its CEO in the hopes of taking charge of a booming multi-billion-dollar company. Kevin Mayer and Tom Staggs’ Candle Media buys minority stake in Westbrook. Kevin Mayer and Tom Staggs said: “We are thrilled to back Will and Jada and for the opportunity to work with Westbrook’s CEO Ko Yada and the … But if completed, the acquisition would be the second major purchase for the Blackstone group, following its purchase of Reese Witherspoon’s Hello Sunshine production company at a $900 million valuation. He served as the leader for the acquisition of Marvel Entertainment, Lucasfilm and Pixar. He also serves as co-chairman and co-CEO of Forest Road Acquisition Corp II and as a senior advisor to Forest Road Acquisition Corp. He was also involved in directing the divestitures of ABC Radio and Miramax. The company acquiring Moonbug is led by Kevin Mayer and Tom Staggs, former executives at Disney. Candle Media, the venture led by Disney alumni Kevin Mayer and Tom Staggs, is continuing its aggressive acquisition and investment spree by taking a minority stake in Will Smith and Jada Pinkett Smith’s company Westbrook. Disney alums Kevin Mayer and Tom Stags recently bought the popular children’s show COCOMELON’s production company, Moonbug Entertainment. The Discovery-WarnerMedia deal, which is still subject to regulatory approval, remains on track to close in the middle of 2022, said Zaslav. Kevin Mayer and Tom Staggs Say Hello Sunshine Deal is ‘Cornerstone for What We’re Building’. The stake is the latest in a series of aggressive moves by Mayer and Staggs, who hung out their shingle last year. Kevin Mayer didn’t sign up for whatever happens to TikTok After an acquisition, his role likely would have been greatly diminished By Julia Alexander Aug 27, 2020, 6:33pm EDT He was CEO of TikTok and COO of its parent company ByteDance Ltd in 2020. Kevin has 10 jobs listed on their profile. 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 … He has an Ivy League education. Mr. Mayer architected the development and successful rollout of Disney+ that today has over 100 million subscribers. He might want to come up with one soon, as the outfit’s high-profile acquisition drive, which has seen it secure a megabucks deal for Reese … Though there was a ton of chatter of possible sales and mergers, Reese Witherspoon's Hello Sunshine was one of the first big deal announcements in the content space this summer, when former Disney execs Kevin Mayer and Tom Staggs’ Blackstone-backed media venture snatched up the company for $900 million. Kevin Mayer and Tom Staggs’ Candle Media buys minority stake in Westbrook. Tinuiti Acquires Amazon Specialist Ortega Group, Adds Kevin Mayer to Board The digital marketing agency is looking to broaden its capabilities on all things Amazon and continue to make acquisitions LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Jan 4, 2022--Candle Media (“Candle”), the next-generation media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, today announced a strategic minority investment in Westbrook Inc., the media company founded by Jada Pinkett … Moonbug Entertainment — the children’s entertainment company that owns titles including CoComelon, Blippi, and Little Baby Bum — entered into an acquisition deal with a newly formed media company that’s backed by investment capital from Blackstone. Former Disney executives Kevin Mayer and Tom Staggs are teaming up with Shaquille O'Neal to form a second SPAC, or special purpose acquisition company. LONDON, LOS ANGELES & NEW YORK, November 4, 2021 – Moonbug Entertainment Ltd., the digital-first, global children’s entertainment company, today announced it has entered into a definitive agreement to be acquired by the recently formed media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by … The SPAC, Forest Road Acquisition Corp. II, is led by Staggs (former Disney COO) and Mayer (previously chairman of Disney’s Direct-to-Consumer … LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Candle Media (“Candle”), the next-generation media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, today announced a strategic minority investment in Westbrook Inc., the media company founded by Jada Pinkett Smith, Will Smith, … The $900 million acquisition of Reese Witherspoon’s Hello Sunshine by private equity giant Blackstone is a big step toward the launch of a media holding company that will revolve around the three Cs: content, commerce and community. In February of 2000, Mayer made the decision to accept a position offered to him from Playboy Enterprises of Chicago, Illinois. He was hired as the Chief Executive Officer of Playboy.com which is a subsidiary of the larger parent company. Playboy.com is a digital pornography company. Shaquille O’Neal, Disney Executives Form New $300 Million Media SPAC – Sportico.com LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Candle Media (“Candle”), the next-generation media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, today announced a strategic minority investment in Westbrook Inc., the media company founded by Jada Pinkett Smith, Will Smith, … Tinuiti Acquires Amazon Specialist Ortega Group, Adds Kevin Mayer to Board The digital marketing agency is looking to broaden its capabilities on all things Amazon and continue to make acquisitions Staggs is a veteran of Walt Disney Co., including as its chief financial officer and as lead of its valuable theme parks business. Moonbug Entertainment Ltd., the digital-first, global children’s entertainment company, today announced it has entered into a definitive agreement to be acquired by the recently formed media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone.Moonbug’s founders CEO René … Yes, that weird animated show that’s everywhere on YouTube Kids and appears in the Netflix top 10 every goddamned night. Kevin Mayer and Tom Staggs said: “We are thrilled to back Will and Jada and for the opportunity to work with Westbrook’s CEO Ko Yada and the … He also serves as co-chairman and co-CEO of Forest Road Acquisition Corp II and as a senior advisor to Forest Road Acquisition Corp. Exclusive: Moonbug to ramp up IP portfolio following acquisition. According to a filing with the SEC, Mayer will serve as a strategic adviser, Staggs will be director and chairman of … The new media company led by Kevin Mayer and Tom Staggs has found its next acquisition. Kevin Mayer established a solid reputation for his managemetn of several major acquisitions made by the Walt Disney Company. Mayer rejoined The Walt Disney Company as Executive Vice President, Corporate Strategy, Business Development, and Technology in June 2005, then was designated in October 2005 as an executive officer. This would be the latest acquisition for the investment group under Mayer and Staggs, coming after the August acquisition of Reese Witherspoon’s media company Hello Sunshine. Forest Road Acquisition Corp. II (NYSE: FRXB) is the second SPAC from three former Disney executives — Tom Staggs, Kevin Mayer and Salil Mehta — it raised $305 million in its March IPO. The Forest Road Acquisition Corp. team includes three former Disney senior executives — Tom Staggs, director and Chairperson of the Strategic Advisory Committee, Kevin Mayer, strategic advisor, and Salil Mehta, Chief Financial Officer — and is strengthened by the strategic connectivity and deal-making expertise of directors, officers, and strategic advisors like … View Kevin Mayer’s profile on LinkedIn, the world’s largest professional community. The new media venture Blackstone is backing will be run by former Walt Disney Co. executives Kevin Mayer and Tom Staggs, with Hello Sunshine as its first acquisition. Candle Media (“Candle”), the next-generation media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, today announced a strategic minority investment in Westbrook Inc., the media company founded by Jada Pinkett Smith, Will Smith, Miguel … Candle Media, the venture led by Disney alumni Kevin Mayer and Tom Staggs, is continuing its aggressive acquisition and investment spree by taking a minority stake in Will Smith and Jada Pinkett Smith’s company Westbrook. Mayer, former TikTok CEO and Disney exec, was recently named chairman of DAZN Group. Kevin A. Mayer. A special-purpose acquisition corporation targeting tech, media and telecom firms headed by two former senior Disney execs — Tom Staggs and Kevin Mayer — raised $350 million in its upsized initial public offering. Former Disney execs Kevin Mayer and Tom Staggs have made their second major acquisition for their new Blackstone-backed content venture. Reese Witherspoon’s Hello Sunshine will be sold to a Blackstone-backed media company headed by former Disney executives Kevin Mayer and Tom Staggs. Huge news for the children’s animation studio Moonbug Entertainment, as the company has been acquired by a media venture run by former Disney execs Kevin Mayer and Tom Staggs. The Blackstone-backed company making the acquisition is run by former Walt Disney Co. executives Kevin Mayer and Tom Staggs. In 1993, Kevin Mayer began working at The Walt Disney Company handling strategy and business development for Disney's Interactive/Internet and television businesses worldwide. He was later promoted to head the Disney Internet group as executive vice president. Kevin Mayer is a former top executive at The Walt Disney Company overseeing its international Direct-to-Consumer business which included global streaming platforms, Disney+, ESPN+, and Hulu. Forest Road II is led by Thomas Staggs and Kevin Mayer, who share the roles of CEO and chairperson of the proposed business. Kevin Mayer and Tom Staggs are co-CEOs and co-chairs of the SPAC Forest Road Acquisition Corp II.Mayer, former TikTok CEO and Disney exec, was recently named chairman of DAZN Group. Kevin Mayer is a former top executive at The Walt Disney Company overseeing its international Direct-to-Consumer business which included global streaming platforms, Disney+, ESPN+, and Hulu. Kevin A. Mayer (born 1962) is an American business executive who is the chairman of DAZN Group. Tom Staggs. Kevin Mayer and Tom Staggs said: ... upcoming high profile projects include the film EMANCIPATION, which sold to Apple TV+ in the … By Movieguide® Staff. Kevin Mayer & Tom Stagg Acquire COCOMELON Production Company Moonbug in $3B Deal. It has been christened Candle Media, the pair announced on Tuesday while confirming their deal to buy a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc. According to Deadline, the duo is backed by Blackstone Firm, with the final price reaching $3 … Former NBA star Shaquille O’Neal has joined former Disney executives Kevin Mayer and Tom Staggs to create Forest Road Acquisition Corp., a SPAC investment vehicle with the goal of raising $250 million for media and technology acquisitions. Reese Witherspoon's Hello Sunshine to be sold for $900 million Mr. Mayer architected the development and successful rollout of Disney+ that today has over 100 million subscribers. Faraway operates a first-look deal with Netflix and is behind the series Fauda (pictured above) and Hit & Run. TheGrill 2021: Kevin Mayer says the direct-to-consumer shift creates a need for scale that only can only be met via acquisition The current M&A frenzy does not appear to be dying down anytime soon. 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