Blackstone-backed Candle Media to acquire Exile Content Studio.

Blackstone-backed Candle Media, a next-generation media company, agreed to acquire Exile Content Studio, an entertainment company creating content for Spanish speakers worldwide. Financial terms were not disclosed. “We are thrilled to partner with Isaac and the talented Exile team. Exile has established itself as an emerging leader in Spanish-language content, with deep relationships with exceptional artists and creators, broad cross-platform production, audience engagement and social commerce expertise. We’re excited to be a part of the tremendous growth they have ahead,” Kevin Mayer and Tom Staggs, Candle Media Co-Founders and Co-CEOs.