Kevin Mayer & Tom Staggs' Blackstone-Backed Firm Acquires 'CoComelon' Production Company Moonbug For $3B - NewsBreak

The media venture run by Disney alums Kevin Mayer and Tom Stags and backed by private equity firm Blackstone has acquired Moonbug Entertainment, maker of popular kids shows like CoComelon. The valuation of the deal, which had been rumored in recent weeks, was not specified in the official announcement,...