LOS ANGELES & NEW YORK–(Company WIRE)–Candle Media (“Candle”), the next-technology media business run by Kevin Mayer and Tom Staggs, has employed veteran media executives Courtney Cappa and Kendall Ostrow as Senior Vice President, Finance & Accounting, and Senior Vice President, Business enterprise Advancement & Neighborhood, respectively. Cappa will enable drive Candle’s corporate finance attempts, including the setting up of the corporate crew to oversee monetary preparing and accounting for the whole firm, reporting to Candle CFO Salil Mehta. Ostrow will enable generate Candle’s small business improvement and group attempts, with a emphasis on building strategic partnerships, and building innovative methods developed to even more develop and bolster the communities about Candle, its company models and models. Ostrow will report to Brent Weinstein, Candle’s Chief Enhancement Officer. Cappa will be primarily based in Los Angeles, with Ostrow dependent in New York.
“We are thrilled to have Courtney and Kendall be a part of Candle,” mentioned Kevin Mayer and Tom Staggs, Co-Chairmen and Co-CEOs of Candle. “They are tremendous executives with deep working experience, capabilities and interactions and we are assured they will play pivotal roles in Candle’s continued development.”
Cappa is a seasoned media and enjoyment field executive, bringing a vast wide range of strategic, economic and operational expertise to Candle from companies ranging from unbiased studio get started-ups to the most important leisure conglomerates. Cappa most just lately served as Head of Finance and Controller at independent movie and tv studio Wiip, wherever she was instrumental in guiding the enterprise from start off-up, as a result of numerous rounds of fund-elevating, to its profitable sale to JTBC Studios. Prior to Wiip she served as Vice President of Finance/Accounting at Famous and Europacorp, wherever she also assisted direct equally firms by means of periods of considerable expansion, labored on various essential acquisitions, and ultimately the sale of Famous to Wanda, a single of the largest unbiased studio deals to date. Cappa began her media vocation at the Walt Disney Business in which she labored in various key finance roles such as 7 decades in Corporate Administration Audit, and she commenced her qualified job as Senior Auditor at Ernst & Younger.
More than the earlier 15 many years, Ostrow has been at the forefront of the rapidly-evolving digital media landscape. She has a strong observe history of developing procedures for brands, media companies and talent, guiding them to capitalize on digital developments, establish deeply engaged communities, and leverage established and emerging social media and commerce platforms. Prior to becoming a member of Candle, Ostrow expended above seven a long time at United Expertise Company, where she constructed the company’s Electronic Approach division, and then served as the Head of Consumer Method for UTA IQ, the agency’s entire-service tactic and insights division. Prior to UTA Ostrow was a digitally focused government at ID PR, and was Head of New Media for The Ellen Clearly show, exactly where she assisted create and travel their initial social media strategies.
About Candle Media
Candle is an impartial, creator-welcoming house for cutting-edge, large-high quality, group-defining models and franchises that is created for the digital age. By bringing collectively elite expertise working at the intersection of content, local community, and commerce, it helps placement main entertainment corporations for accelerated, sustainable advancement in the recent marketplace and outside of. Candle is run by its Co-Chairmen and Co-CEOs, main entertainment executives Kevin Mayer and Tom Staggs, and backed by financial investment capital from funds managed by Blackstone’s flagship non-public fairness company.