Hello Sunshine, Moonbug Entertainment Could Drag Candle Media Earnings 50% Below Initial Forecasts (Report)

Hello Sunshine, Moonbug Entertainment Could Drag Candle Media Earnings 50% Below Initial Forecasts (Report)

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Earnings at Candle Media, the Blackstone-backed media company founded by former Disney executives Kevin Mayer and Tom Staggs, could come in about 50% below what its acquired companies had forecasted for 2023, according to Bloomberg. The outlet, which cited sources familiar with the matter, said…

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