A Force in Hollywood’s Private-Equity Boom Adds a Spanish-Language Company
Candle Media, run by former Disney executives, is buying Exile, which has deals to produce shows for Netflix, HBO and Amazon Prime.
Candle Media, run by former Disney executives, is buying Exile, which has deals to produce shows for Netflix, HBO and Amazon Prime.
The deal with Abry Partners is the latest example of private equity’s pushing into Hollywood to cash in on the demand for streaming shows.
With the planned sale of Hello Sunshine, the studio she started in 2016, the Oscar winner joins the ranks of Hollywood’s power brokers.