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LOS ANGELES AND NEW YORK–(BUSINESS WIRE)–May 20, 2022–

Candle Media (“Candle”), the next-generation media company led by Kevin Mayer and Tom Staggs, has hired media veterans Courtney Cappa and Kendall Ostrow as Senior Vice President, Finance and Accounting, and Vice President Principal, Business Development and Community, respectively. Cappa will help drive Candle’s corporate finance efforts, including building the corporate team to oversee financial planning and accounting for the entire organization, reporting to Candle’s Chief Financial Officer. Candle, Salil Mehta. Ostrow will help drive Candle’s business development and community efforts, with a focus on building strategic partnerships and developing innovative strategies designed to further grow and strengthen communities around Candle, its business units and brands. Ostrow will report to Brent Weinstein, Candle’s Chief Development Officer. Cappa will be based in Los Angeles, with Ostrow based in New York.

“We are thrilled to have Courtney and Kendall join Candle,” said Kevin Mayer and Tom Staggs, co-presidents and co-CEOs of Candle. “They are terrific executives with deep experience, skills and relationships and we are confident they will play a pivotal role in Candle’s continued growth.”

Cappa is a seasoned media and entertainment industry executive, bringing to Candle a wide variety of strategic, financial and operational experience from companies ranging from independent studio start-ups to top entertainment conglomerates. Cappa most recently served as Chief Financial Officer and Controller at independent film and television studio Wiip, where she was instrumental in guiding the company from inception through multiple fundraising cycles. , until its successful sale to JTBC Studios. Prior to Wiip, she served as Vice President of Finance and Accounting at Legendary and Europacorp, where she also helped lead both companies through periods of significant growth, worked on several key acquisitions and finally the sale of Legendary to Wanda, one of the biggest independents. studio deals to date. Cappa began her media career at The Walt Disney Company where she held several key finance positions, including seven years in corporate management auditing, and she began her professional career as a senior auditor at Ernst & Young.

Over the past 15 years, Ostrow has been at the forefront of the rapidly changing digital media landscape. She has a strong track record in building strategies for brands, media companies and talent, guiding them to capitalize on digital trends, develop deeply engaged communities and leverage established social media and commerce platforms and emerging. Prior to joining Candle, Ostrow spent more than seven years at United Talent Agency, where she established the company’s digital strategy department, then served as head of client strategy for UTA IQ, the strategy division. and full agency information. Prior to UTA, Ostrow was a digital-focused executive at ID PR and was head of new media for Ellen’s Showwhere she helped develop and pilot their early social media strategies.

About Candle Media

Candle is an independent, user-friendly home for the builders of cutting-edge, high-quality, category-defining brands and franchises, built for the digital age. By bringing together elite talent operating at the intersection of content, community and commerce, it helps position leading entertainment companies for accelerated and sustainable growth in today’s market and beyond. Candle is led by its co-presidents and co-CEOs, top entertainment executives Kevin Mayer and Tom Staggs, and backed by investment capital from funds managed by Blackstone’s flagship private equity firm.

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220520005222/en/

CONTACT: Candle Media

matt anderson

518-248-7310

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK

INDUSTRY KEYWORD: OTHER COMMUNICATIONS FINANCE ENTERTAINMENT CONSULTANCY ACCOUNTING COMMUNICATIONS PROFESSIONAL SERVICES GENERAL ENTERTAINMENT OTHER PROFESSIONAL SERVICES

SOURCE: Candle Media

Copyright BusinessWire 2022.

PUBLISHED: 05/20/2022 12:00 PM / DISK: 05/20/2022 12:02 PM

http://www.businesswire.com/news/home/20220520005222/en

Copyright BusinessWire 2022.