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DAZN's Kevin Mayer: A man ahead of the curve | Royal ... Kevin Mayer and Tom Staggs' Blackstone-backed company has bought Moonbug Entertainment, producer of he popular Netflix children's program "CoComelon," it was announced Thursday. Mayer, Staggs, Blackstone, and their new media company were represented by Goldman Sachs & Co. LLC as financial advisor and Kirkland & Ellis LLP as legal advisor. Moonbug Entertainment to Be Acquired by Next Generation ... Hello Sunshine Announces Majority Investment from Newly ... Kevin Mayer and Tom Staggs Say Hello Sunshine Deal is 'Cornerstone for What We're Building'. Kevin Mayer and Tom Staggs Say Hello Sunshine Deal is ... Kevin Mayer Teases Further Acquisitions From Blackstone-Backed Media Firm & Talks Potential DAZN Premier League UK Rights Deal - RTS Convention Read full article Tom Grater Moonbug Entertainment sold to former Disney executives ... The price tag is approximately $900 million, two people with knowledge of the deal confirmed to TheWrap Mayer's and Staggs's new company, which does not yet have a name, has . Moonbug Entertainment to Be Acquired by Next Generation ... Moonbug Entertainment to Be Acquired by Next Generation ... Kevin Mayer & Tom Staggs' Blackstone-Backed Firm Acquires ... Moonbug's founders CEO René Rechtman and COO John Robson, and existing […] Kevin Mayer and Tom Staggs, who were each in line to lead Disney at one time, said in an interview Thursday they are financing the deal with money from . Blackstone-Backed Disney Vets Said Close to Buying 'Fauda ... 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. Witherspoon and Hello . Kevin Mayer and Tom Staggs Say Hello Sunshine Deal is 'Cornerstone for What We're Building'. Kevin Mayer and Tom Staggs said: "We are thrilled to partner with Reese, Sarah, and the entire Hello Sunshine team. Reese Witherspoon's Hello Sunshine has been sold for north of $900 million to a media company backed by the private-equity firm Blackstone Group Inc. Witherspoon and Sarah Harden, Hello Sunshine's CEO, will join the board of the new company and will continue to oversee day-to-day operations. (Reuters) - A company backed by Blackstone Group and led by former Walt Disney Co executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly . November 04, 2021 06:00 PM Eastern Daylight Time. Reese Witherspoon's Hello Sunshine will be sold to a Blackstone-backed media company headed by former Disney executives Kevin Mayer and Tom Staggs. Hello Sunshine is a perfect fit for our vision of a new, next generation entertainment, technology, and commerce company. Photo by Amy Sussman/Getty Images Matthew Belloni. Kevin Mayer and Tom Staggs said: . Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Their company has acquired Moonbug Entertainment Ltd., the . LONDON & LOS ANGELES & NEW . The valu… We seek to empower creators with innovation, capital, and scale to inspire, entertain, and delight global audiences with engaging content, experiences, and . Westbrook Studios, the Will Smith and Jada Pinkett Smith company behind Telluride Film Festival favorite King Richard and series Red Disney alums Kevin Mayer and Tom Staggs are guiding Blackstone's investment in content ventures and will serve as co-CEOs of the unnamed holding company that will house Hello Sunshine and other . They know how to identify and support brands that are beloved by millions of families across the globe. Kevin Mayer and Tom Staggs said: "We have known René and his innovative team for years, including during our time together at Disney, and they have built a perfect example of the type of category-defining business we are looking to bring into our company. Blackstone Inc. and debt. If it goes through, a Westbrook deal . One response to "'Cocomelon' Owner Moonbug Entertainment Sells to Kevin Mayer and Tom Staggs' Blackstone-Backed Company" PhuckTheLeft says: November 11, 2021 at 6:20 am Kevin Mayer and Tom Staggs' Blackstone-backed company has bought Moonbug Entertainment, producer of he popular Netflix children's program "CoComelon," it was announced Thursday. Three sources tell me the actor-comedian-producer is in active talks to sell either all or . The acquisition will help create a new company . We and our partners at Blackstone . 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 $2.75 billion. The deal values Hello Sunshine at $900m and comes just five years since the production firm was launched. DAZN's Kevin Mayer: A man ahead of the curve Caroline Frost talks to Kevin Mayer, the Disney veteran who oversaw the launch of Disney+ and who aims to turn DAZN into the Netflix of sport. Kevin Mayer's and Tom Staggs' unnamed media company, backed by private equity firm Blackstone Group Inc., has just acquired yet another asset, the popular children's content producers Moonbug Entertainment, for the lofty price tag of $3 billion, according to Bloomberg.Moonbug, one of the most prolific kids-centric entertainment companies, boasts over 235 million subscribers and 7 billion . At about the same time, The Information reported that Mayer and his former Disney colleague, Tom Staggs, were close to a deal to buy kids' streaming production firm Moonbug Entertainment for about $3 billion through a firm backed by Blackstone. 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. The new media company, which has yet to be named, was formed by former Disney executives Tom Staggs and Kevin Mayer and is backed by Blackstone, The Wall Street Journal reported. Select a City. Kevin Mayer and Tom Staggs said: "We are thrilled to partner with Reese, Sarah, and the entire Hello Sunshine team. They previously . Aktien » Nachrichten » BLACKSTONE AKTIE » Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone. Blackstone-Backed Disney Vets Said Close to Buying 'Fauda' Team. Moonbug Entertainment, the producer of the mega-popular Netflix kids series Cocomelon, has been sold to a company operated by entertainment moguls Kevin Mayer and Tom Staggs, and backed by Blackstone Group. LONDON & LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Nov. 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 . 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.. Former Walt Disney Co. executives Kevin Mayer and Tom Staggs are close to acquiring Israeli TV producer Faraway Road Productions, according to people familiar with the transaction, part of a plan . About Moonbug Entertainment A company backed by Blackstone Group and led by former Walt Disney Co executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly $3 billion, three people . We seek to empower creators with innovation, capital, and scale to inspire, entertain, and delight global audiences with engaging content, experiences, and . The Business Journals . October 31, 2021. Moonbug acquired by Kevin Mayer-backed company The unnamed media company backed by two former Disney execs and private equity firm Blackstone has added CoComelon's owner to a roster of assets that . The deal for the media house behind children's entertainment show "CoComelon" could be announced as soon as this week, the sources said on Wednesday, requesting anonymity as . Moonbug Entertainment Ltd., the digital-first, global children's . Go ahead and add Kevin Hart to the list of A-level talent jumping on the private equity party bus. Kevin Mayer and Tom Staggs' Blackstone-backed company has bought Moonbug Entertainment, producer of he popular Netflix children's program "CoComelon," it was announced Thursday. Mayer and Staggs' firm, which is backed by private equity firm Blackstone Group, said that it has entered a definitive agreement to buy the London- and LA-based company behind brands such as CoComelon, Blippi and Little Baby Bum. Moonbug's founders, CEO René Rechtman and COO John Robson, and existing management team and shareholders, will retain equity stakes in . National Albany Albuquerque Atlanta Austin . The pair launched a company backed by private-equity firm Blackstone Group earlier this year, then bought Reese Witherspoon's . (Bloomberg) -- Former Walt Disney Co. executives Kevin Mayer and Tom Staggs are close to acquiring Israeli TV producer Faraway Road Productions, according to people familiar with the transaction, part of a plan to supply the booming streaming-video industry with more shows. Former Walt Disney Co. executives Kevin Mayer and Tom Staggs are close to acquiring Israeli TV producer Faraway Road Productions, according to people familiar with the transaction, part of a plan . LONDON & LOS ANGELES & NEW YORK Moonbug Entertainment Ltd., the digital-first, global children's entertainment company, today announced it has entered into a . 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 Rechtman and COO John Robson, and existing . Blackstone-Backed Disney Vets Said Close to Buying 'Fauda' Team. The valuation of the deal, which has been rumored in recent weeks, was . Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone. Kevin Mayer and Tom Staggs' Blackstone-backed company is nearing a deal to acquire Moonbug Entertainment, which produces popular children's programming like "CoComelon," The Wrap has learned. Mayer, Staggs, Blackstone, and their new media company were represented by Goldman Sachs & Co. LLC as financial advisor and Kirkland & Ellis LLP as legal advisor. Moonbug's founders, CEO René Rechtman and COO John Robson, and existing management team and shareholders, will retain equity stakes in the Mayer-Staggs-Blackstone-backed media company. The unnamed media venture by Blackstone will be run by Kevin Mayer and Tom Staggs. 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. Private equity firm Blackstone Group has acquired Reese Witherspoon's Hello Sunshine, with former Disney exec Kevin Mayer appointed to a new company that will house The Morning Show prodco. 'CoComelon' Moonbug Production Company Acquired for $3 Billion by Kevin Mayer & Tom Staggs' Blackstone-Backed Firm - Deadline. Most Popular. Former Disney execs Kevin Mayer and Tom Staggs have made their second major acquisition for their new Blackstone-backed content venture. Hello Sunshine is a perfect fit for our vision of a new, next generation entertainment, technology, and commerce company. Kevin Mayer and Tom Staggs' Blackstone-backed company has bought Moonbug Entertainment, producer of he popular Netflix children's program "CoComelon," it was announced Thursday. Kevin Mayer and Tom Staggs' Blackstone Group-backed company is one of the suitors as Kevin Hart jumps on the private equity party bus. Children's entertainment company Moonbug Entertainment has been acquired by the new, still-unnamed media venture led by Disney alums Kevin Mayer and Tom Staggs. Do NOT follow this link! A company backed by Blackstone Group and led by former Walt Disney Co executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly $3 billion, three people familiar with the matter said. share: Share on Facebook Tweet on Twitter Post to Reddit. It would be the second deal done by the Mayer-Staggs-Blackstone group, following their $900 million purchase of Reese Witherspoon's studio Hello . Kevin Mayer and Tom Staggs said: "We are thrilled to partner with Reese, Sarah, and the entire Hello Sunshine team. Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone 04 November 2021 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 . 'CoComelon' Owner Nears Sale to Blackstone-Backed Company for More Than $2.75 Billion Deal would mark second major entertainment acquisition this year for firm led by Kevin Mayer and Tom . Disney alums Kevin Mayer and Tom Staggs are guiding Blackstone's investment in content ventures and will serve as co-CEOs of the unnamed holding company that will house Hello Sunshine and other . Business Wire - Thu Nov 4, 5:00PM CDT. Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone Nov 04 2021 22:00 BST. (Bloomberg) -- Former Walt Disney Co. executives Kevin Mayer and Tom Staggs are close to acquiring Israeli TV producer Faraway Road Productions, according to people familiar with the transaction, part of a plan to supply the booming streaming-video industry with more shows. Moonbug Entertainment Ltd., the . They will also . Reese Witherspoon's production company Hello Sunshine is being sold to a media company recently launched by former Disney executives Kevin Mayer and Tom Staggs backed by Blackstone, the companies announced Monday. 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-CEOs of the unnamed holding company . LOS ANGELES & NEW YORK, August 02, 2021--Hello Sunshine, the mission-driven media company that puts women at the center of every story it creates, founded by Reese Witherspoon in 2016, today announced a definitive agreement for a majority investment from a newly formed company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, a . Kevin Mayer and Tom Staggs' Blackstone-backed company has bought Moonbug Entertainment, producer of he popular Netflix children's program "CoComelon," it was announced Thursday. A company backed by Blackstone Group and led by former Walt Disney Co executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly $3 billion, three people . The deal values the company for as much as $3 billion, an individual with knowledge of the deal previously told TheWrap. Will Smith and Jada Pinkett Smith's Westbrook Studios is reportedly exploring a sale to Disney execs Kevin Mayer and Tom Staggs' Blackstone Group-backed venture. Hello Sunshine Announces Majority Investment from Newly Formed, Next Generation Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone August 02, 2021 11:01 AM Eastern Daylight Time Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone. Blackstone has invested in a media company founded by former Disney executives Kevin Mayer and Tom Staggs. 9-min read. The as-yet-unnamed company, which is backed by US private equity firm Blackstone, acquired Reese Witherspoon's Big Little Lies producer Hello Sunshine last month in a deal valued at $900m. Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone. LOS ANGELES & NEW YORK, August 02, 2021--(BUSINESS WIRE)--Hello Sunshine, the mission-driven media company that puts women at the center of every story it creates, founded by Reese Witherspoon . Moonbug's lineup includes global . Moonbug's founders CEO René Rechtman and COO John Robson, and existing management team . Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone. 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. We seek to empower creators with innovation, capital, and scale to inspire, entertain, and delight global audiences with engaging content, experiences, and . Push Mitteilungen FN als . About Moonbug Entertainment Moonbug Entertainment is an award-winning global entertainment company behind some of the most popular kids' titles in the world. Kevin Mayer and Tom Staggs said: "We have known René and his innovative team for years, including during our time together at Disney, and they have built a perfect example of the type of category . The deal . 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-CEOs of the unnamed holding company . 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