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Announced

Blackstone via Candle Media to invest in Hello Sunshine for $900m.

Synopsis

Blackstone, a private equity firm, agreed to invest in Hello Sunshine, a media company, for $900m. “Hello Sunshine is a perfect fit for our vision of a new, next generation entertainment, technology, and commerce company. We seek to empower creators with innovation, capital, and scale to inspire, entertain, and delight global audiences with engaging content, experiences, and products,” Tom Staggs and Kevin Mayer, Blackstone Executives.

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