From Los Angeles Business Journal · Hannah Welk · · 1m 10s
Reese Witherspoon Buys Back Hello Sunshine
Reese Witherspoon acquires Hello Sunshine at steep discount from Candle Media.
In brief
Reese Witherspoon acquires Hello Sunshine at steep discount from Candle Media. Reese Witherspoon bought Hello Sunshine from Candle Media at a steep discount, cutting its value from $900 million to under $50 million. Originally reported by Los Angeles Business Journal.
Reese Witherspoon Buys Back Hello Sunshine
Reese Witherspoon bought Hello Sunshine from Candle Media in partnership with Mediawan on October 13, 2026.
Discount Deal Details
The deal falls in the low- to mid-eight figures, representing a 94% drop from the $900 million price tag five years ago.
Hello Sunshine Background
Hello Sunshine, a West Los Angeles-based women-forward production house founded by Reese Witherspoon in 2016, does business as Hello Sunshine.
Acquisition Impact
The acquisition follows Brad Pitt’s Plan B Entertainment Inc., See-Saw Films and Chernin Entertainment being added to Mediawan’s portfolio in the last four years.
Mediawan's Strategy
Mediawan aims to preserve boutique studio independence while giving producers access to a broader pool of talent, IP and resources.
Future Outlook
Hello Sunshine will leverage Mediawan’s international distribution and brand collaborations for growth.
What it means
Reese Witherspoon bought Hello Sunshine from Candle Media at a steep discount, cutting its value from $900 million to under $50 million.
