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“CoComelon” producer Moonbug Entertainment declined to share financial results for the franchise, but parent company Candle Media said Moonbug was the biggest and most profitable piece of its business, which also includes actor Reese Witherspoon’s Hello Sunshine production company.

A year later, Moonbug was acquired by Candle Media, led by ex-Disney executives Kevin Mayer and Tom Staggs, for a reported $3 billion.

But “CoComelon” does have about a 50% co-watching rate with adults, said Staggs of Candle Media.

Last year’s dual Hollywood strikes and the upheaval in the industry has touched nearly every company in the industry, including Candle Media, which is backed by Blackstone.

“Candle Media has come through a very difficult time, as the rest of the industry has ... but as a whole, we’re profitable,” Mayer said.