Aug 3, 2021
Photo: Getty Images
Reese Witherspoon has cashed in on her media business Hello Sunshine. She’s sold the company for $900-million.
Witherspoon founded Hello Sunshine in 2016, going on to produce fan-favorites like “The Morning Show,” “Big Little Lies,” and “Little Fires Everywhere.” She’ll still be in the mix now that baton has been passed to Blackstone. What’s next for Hello Sunshine? “Legally Blonde 3” for one, and more projects that will “empower women and the people who celebrate them.” I started this company to change the way all women are seen in media, Reese says in a press release. I am committed to continuing to create opportunity for filmmakers, authors and creators of all backgrounds and experiences to tell their stories in their own way, and to reach more audiences who will see that their stories matter.”
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.
Aug 3, 2021
Photo: Getty Images
Reese Witherspoon has cashed in on her media business Hello Sunshine. She’s sold the company for $900-million.
Witherspoon founded Hello Sunshine in 2016, going on to produce fan-favorites like “The Morning Show,” “Big Little Lies,” and “Little Fires Everywhere.” She’ll still be in the mix now that baton has been passed to Blackstone. What’s next for Hello Sunshine? “Legally Blonde 3” for one, and more projects that will “empower women and the people who celebrate them.” I started this company to change the way all women are seen in media, Reese says in a press release. I am committed to continuing to create opportunity for filmmakers, authors and creators of all backgrounds and experiences to tell their stories in their own way, and to reach more audiences who will see that their stories matter.”
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Aug 3, 2021
Photo: Getty Images
Reese Witherspoon has cashed in on her media business Hello Sunshine. She’s sold the company for $900-million.
Witherspoon founded Hello Sunshine in 2016, going on to produce fan-favorites like “The Morning Show,” “Big Little Lies,” and “Little Fires Everywhere.” She’ll still be in the mix now that baton has been passed to Blackstone. What’s next for Hello Sunshine? “Legally Blonde 3” for one, and more projects that will “empower women and the people who celebrate them.” I started this company to change the way all women are seen in media, Reese says in a press release. I am committed to continuing to create opportunity for filmmakers, authors and creators of all backgrounds and experiences to tell their stories in their own way, and to reach more audiences who will see that their stories matter.”