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Candle Media co-CEO Kevin Mayer said the Blackstone-backed media company plans to sell or IPO its individual brands rather than the overall company. Why it matters: The strategy marks a departure from Candle's original plan and exemplifies growth potential for diversified individual brands versus holding companies.

Read the Full Axios Article at:
https://www.msn.com/en-us/entertainment/celebrities/candle-media-s-kevin-mayer-eyes-exits-for-moonbug-and-other-brands-vs-holding-company/ar-AA1GSov1
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