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 company known for TV ratings has faced pressure from media platforms and advertisers to more accurately include digital audiences.
The spinoff, which will give TPG a minority stake, values the TV business at $16.25 billion — about a third of what AT&T paid just for DirecTV in 2015.
Bain Capital is reportedly attempting to trump CVC Capital's buyout of a stake in Italian top-flight football league, Serie A, which could value it at about €12bn.