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Candle Media, the next-generation media company run by entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, announced a strategic minority investment in Westbrook Inc. Terms of the transaction were not disclosed.


RTTNews | Jan 4, 2022 08:44PM EST

20:44 Tuesday, January 4, 2022 (RTTNews.com) - Candle Media, the next-generation media company run by entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, announced a strategic minority investment in Westbrook Inc. Terms of the transaction were not disclosed.

Launched in 2019 by founders Jada Pinkett Smith, Will Smith, Miguel Melendez, and Ko Yada, Westbrook is a media company that empowers artists to tell stories that connect the world.

Westbrook houses Westbrook Studios, the premium film and television studio; Westbrook Media, a vertically-integrated IP incubator, brand content studio, and production company; Red Table Talk Productions, maker of the Emmy Award-winning Facebook Watch shows Red Table Talk and Red Table Talk: The Estefans; and Good Goods.

Read the original article on RTTNews ( https://www.rttnews.com/3252754/westbrook-announces-minority-investment-from-candle-media.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved






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