Kevin Mayer & Tom Staggs Want to Downsize

tom staggs kevin mayer
The Blackstone-backed roll-up company run by Disney alums Kevin Mayer and Tom Staggs is looking to offload at least one asset: ATTN. Photo: Greg Doherty/Variety/Getty Images
Matthew Belloni
February 11, 2025

Man, the good old days, when Candle Media was stalking Hollywood for production companies to purchase at outrageous valuations. Seems like another era, and now the Blackstone-backed roll-up company run by Disney alums Kevin Mayer and Tom Staggs is looking to offload at least one asset. I’m told Candle has engaged Raine to explore a sale of ATTN. Founded by Matthew Segal and Jarrett Moreno, ATTN is a video-based media publisher and creative agency with a social-issues angle. Candle acquired ATTN in May 2022 for a reported $100 million in cash and stock, and it’s been a bright spot in the challenged portfolio, more profitable and bigger than when it was bought, per a source familiar.