LOS ANGELES & NEW YORK–(Small business WIRE)–Candle Media (“Candle”), the subsequent-era media enterprise operate by Kevin Mayer and Tom Staggs, has hired veteran media executives Courtney Cappa and Kendall Ostrow as Senior Vice President, Finance & Accounting, and Senior Vice President, Organization Improvement & Neighborhood, respectively. Cappa will assist push Candle’s company finance initiatives, including the developing of the company team to oversee monetary arranging and accounting for the entire organization, reporting to Candle CFO Salil Mehta. Ostrow will assistance generate Candle’s small business progress and local community initiatives, with a concentrate on constructing strategic partnerships, and establishing modern approaches made to even further establish and fortify the communities all over Candle, its enterprise models and models. Ostrow will report to Brent Weinstein, Candle’s Chief Development Officer. Cappa will be primarily based in Los Angeles, with Ostrow based mostly in New York.
“We are thrilled to have Courtney and Kendall be a part of Candle,” said Kevin Mayer and Tom Staggs, Co-Chairmen and Co-CEOs of Candle. “They are incredible executives with deep experience, skills and relationships and we are self-assured they will play pivotal roles in Candle’s continued progress.”
Cappa is a seasoned media and entertainment field executive, bringing a vast range of strategic, economic and operational encounter to Candle from firms ranging from impartial studio begin-ups to the most significant entertainment conglomerates. Cappa most a short while ago served as Head of Finance and Controller at independent film and television studio Wiip, the place she was instrumental in guiding the organization from start off-up, as a result of a number of rounds of fund-boosting, to its successful sale to JTBC Studios. Prior to Wiip she served as Vice President of Finance/Accounting at Famous and Europacorp, wherever she also assisted guide both organizations by means of periods of considerable development, labored on many crucial acquisitions, and last but not least the sale of Famous to Wanda, 1 of the largest unbiased studio offers to date. Cappa commenced her media job at the Walt Disney Firm where by she worked in several crucial finance roles which include seven several years in Company Administration Audit, and she started her expert job as Senior Auditor at Ernst & Young.
Over the past 15 decades, Ostrow has been at the forefront of the immediately-evolving electronic media landscape. She has a solid track report of building techniques for makes, media businesses and talent, guiding them to capitalize on electronic tendencies, produce deeply engaged communities, and leverage recognized and rising social media and commerce platforms. Prior to joining Candle, Ostrow put in over seven years at United Expertise Company, where she developed the company’s Digital System office, and then served as the Head of Shopper Approach for UTA IQ, the agency’s entire-services approach and insights division. Prior to UTA Ostrow was a digitally targeted government at ID PR, and was Head of New Media for The Ellen Show, where by she helped build and push their original social media strategies.
About Candle Media
Candle is an impartial, creator-friendly household for cutting-edge, substantial-excellent, class-defining makes and franchises that is constructed for the digital age. By bringing alongside one another elite expertise functioning at the intersection of articles, community, and commerce, it aids place primary entertainment firms for accelerated, sustainable expansion in the latest industry and further than. Candle is run by its Co-Chairmen and Co-CEOs, main amusement executives Kevin Mayer and Tom Staggs, and backed by investment decision money from funds managed by Blackstone’s flagship personal fairness enterprise.
Contacts
Candle Media
Matt Anderson
518-248-7310