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Candle buys Hispanic and children’s shows

Candle Media, the Blackstone-backed company, which last week bought video news company ATTN, has this week added Exile Content Media Studio a Spanish language TV producer, to its portfolio reflecting a run of Spanish language and Hispanic audience deals in recent weeks. The undisclosed terms comprise cash and shares.

Exile is a production company, established in 2019 based in LA with offices in Miami, Madrid and Mexico City. It operates in music, family and children’s TV sectors with film, TV, music, audio and ecommerce woven through its product offer. The newly-acquired has already been collaborating with Candle Media companies. The Spanish speaking market is estimated to number over 500k people.

The Candle Media subsidiary Moonbug Entertainment has acquired One Animation, the Singapore-based creator of Oddbods, a globally-distributed, no-speech children’s entertainment distributed to 180 countries.

Blackstone