Candle Media acquires digital publisher ATTN: for $150 million


Candle Media, the new media rollup company backed by Blackstone and led by former Disney executives Tom Staggs and Kevin Mayer, is acquiring ATTN:, the digital media company that focuses on social change content for millennials and Gen-Z.

Why it matters: The deal gives ATTN: capital and access to Candle's portfolio companies and creator relationships to help the firm scale. It gives Candle access to a brand that has expertise in reaching a younger, socially-active audience.

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