# Reese Witherspoon Buys Back Hello Sunshine

> Reese Witherspoon reacquires Hello Sunshine media company at fraction of 2021 sale price.
- Title: Reese Witherspoon Buys Back Hello Sunshine · Inc | Shortify
- Summary: Reese Witherspoon reacquires Hello Sunshine media company at fraction of 2021 sale price. Reese Witherspoon is buying back Hello Sunshine from private equity…
- Keywords: reese witherspoon, hello sunshine, mediawan, candle media, seattle, nfl, private equity, media company, Reese, Witherspoon, Buys, Back
- Source: Inc — https://inc.com/liyana-illyas/reese-witherspoon-hello-sunshine-buyback-mediawan/91420036
- Read time: 1 min
- Topics: reese witherspoon, hello sunshine, mediawan, candle media, seattle, nfl, private equity, media company
## Reese Witherspoon buys back Hello Sunshine
Reese Witherspoon is reportedly reclaiming her media company Hello Sunshine from private equity firm Candle Media.
## Five years after sale
The buyback comes five years after Candle Media acquired a majority stake in Hello Sunshine for approximately $900 million.
## Partners with Mediawan
Witherspoon and Hello Sunshine co-founder Seth Rodsky will join the company’s board with Mediawan representatives.
## Purchase price low
The purchase price is reportedly in the low to mid-eight-figures, much lower than the original $900 million valuation.
## Hello Sunshine history
Hello Sunshine was founded in 2016 with backing from Peter Chermin and Jesse Jacobs through The Chemin Group.
## Notable productions
The company produced popular titles including Where the Crawdads Sing and Big Little Lies.
## Reese’s Book Club
Hello Sunshine operates Reese’s Book Club with millions of online followers.
## New chapter for Witherspoon
The buyback marks a new chapter for Witherspoon’s media corporation as Hollywood’s business landscape has changed since the streaming boom.
## Key takeaway

Reese Witherspoon is buying back Hello Sunshine from private equity firm Candle Media for a price much lower than the $900 million valuation she sold it for in 2021.