The still-unnamed media startup founded by Disney vets Kevin Mayer and Tom Staggs, and backed by venture capital firm Blackstone, has found its latest acquisition in Israeli production company Faraway Road Productions.
Faraway operates a first-look deal with Netflix and is behind the series Fauda (pictured above), inspired by the company’s founders experiences in the Israel Defense Force, and the cancelled-after-one-season Hit & Run.
Mayer and Staggs’ company has already acquired Hello Sunshine and Moonbug Entertainment – both of which were significantly bigger acquisitions than Faraway, notes The Hollywood Reporter, which pegs the purchase price of the latter at under $50 million.
Mayer and Staggs’ firm purchased Moonbug for $3 billion in November, and acquired Reese Witherspoon’s Hello Sunshine in August for $900 million. It was also rumored to be eyeing Will and Jada Pinkett Smith’s Westbrook Inc., though those talks appear to have ceased.
When someone says they're heading to a creator convention, a few names automatically come to…
What do e-bikes, action figures, and knockoff NBA jerseys have in common? You can buy…
Last December, when the Australian government began enforcing sweeping restrictions on youth social media use,…
Many Americans use TikTok to gather the latest headlines, but in 2026, other social media platforms…
The 2026-27 school year is in full swing, and a handful of campus all-stars are…
For the very first time, the U.S. Small Business Administration has issued digital content creators a…