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Hello Sunshine Shuts Down Kids & Animation Division
EXCLUSIVE: Deadline has learned that Hello Sunshine is shuttering its kids and animation business as part of a strategic decision to focus Candle Media's kids and animation efforts under Moonbug, the family production studio the corp snapped up for a near $3 billion in November 2021.
Hello…
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7 Comments Comment on Hello Sunshine Shuts Down Kids & Animation Division
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Kevin Mayer Details Candle Media Strategy; Unveils Partnership Between Reese Witherspoon’s Hello Sunshine & Moonbug Entertainment; Sidesteps Will Smith Controversy Questions – Mip TV
Candle Media Founder Kevin Mayer has set out his strategy to take advantage of the wealth of deep-pocketed new buyers, as he unveils a tie-up between kids powerhouse Moonbug Entertainment and Reese Witherspoon’s Hello Sunshine. He also sidestepped questions on Candle’s relationship with Will Smith and Jada Pinkett…
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By Max Goldbart
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Kevin Mayer & Tom Staggs’ Blackstone-Backed Firm Acquires ‘CoComelon’ Production Company Moonbug For $3B
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 valuation of the deal, which had been rumored in recent weeks, was not specified in the official announcement, but people…
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By Dade Hayes
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Disney’s European Kids Chief David Levine Resurfaces At Moonbug
Former Disney executive David Levine is to become the head of studio at Moonbug Entertainment, the company behind kids’ YouTube sensation Little Baby Bum.
Levine stepped down as Disney's vice president of kids programming for the UK, Europe, and Africa at the end of June after a 16-year spell at the house of mouse.
He…
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By Jake Kanter
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Moonbug Raises $145 Million To Acquire Kids’ Content
Children’s entertainment company Moonbug Entertainment has raised $145 million in funding to acquire and broadly distribute children’s programming.
The funding round, which is led by The Raine Group, follows the young company’s first acquisition, Little Baby Bum. The YouTube channel created by a husband and wife in…
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