Exclusive: Candle Media, which is backed by Blackstone and led by former Disney execs, has hired former ABC News president James Goldston to lead a new, in-house production studio focused on nonfiction projects.
Goldston will serve as president of the new production unit, which has yet to be named, and will continue to be based out of New York while working with Candle teams globally.
Goldston couldn't confirm how many people he plans to hire as he builds out the studio, but he said that he, Staggs and Mayer have a multiyear business plan and that Candle is "in it for the long haul." Goldston will bring all of his projects that are currently in development over to Candle. While he declined to share specifics, he noted that he and Candle have "sort of come to an arrangement on the things that exist."At Candle, Goldston will focus on producing scripted and nonscripted features and series to license to streamers.
"For example, working with Faraway Road on some documentary approaches that kind of match what they've done with 'Fauda' — that would be a kind of obvious type of thing for us to do together," he added.Goldston spent 18 years at Disney-owned ABC News, including seven years as president, and overlapped with Staggs and Mayer while there.
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