Witherspoon Goes Over Plans For Hello Sunshine s Female Focused Content By Ashley Palya
on August 04 2021 6:35 AM Actress Reese Witherspoon arrives at the 2015 Vanity Fair Oscar Party in Beverly Hills, California February 22, 2015. Reuters/Danny Moloshok
Actor Reese Witherspoon on Monday sold her media company Hello Sunshine to a firm backed by Blackstone Group for $900 million. She called it the right time for the transaction, which will now allow the female-led company to get the attention and support it needs.
Witherspoon, 45, started Hello Sunshine in 2016, which was backed by AT&T and Emerson Collective. The new deal represents the support on her bet that Hollywood needs more stories told by and for women.
Reese Witherspoon Explains Her Decision To Sell Hello Sunshine, Future Plans ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.