# Reese Witherspoon Buys Hello Sunshine Back

> Reese Witherspoon partners with Mediawan to buy Hello Sunshine, the LA media company she founded, after selling it for $900M five years ago.
- Title: Reese Witherspoon Buys Hello Sunshine Back · dot.LA | Shortify
- Summary: Reese Witherspoon partners with Mediawan to buy Hello Sunshine, the LA media company she founded, after selling it for $900M five years ago.
- Keywords: reese witherspoon, hello sunshine, mediawan, candle media, streaming boom, reese's book club, dot.LA
- Source: dot.LA — https://dot.la/northwood-space-reaches-two-billion-2678313657.html
- Published: 2026-11-06T17:53:28+00:00
- Read time: 1 min
- Topics: reese witherspoon, hello sunshine, mediawan, candle media, streaming boom, reese's book club, technology, local
## Reese Witherspoon Sells Hello Sunshine
Five years after selling Hello Sunshine for more than $900M, Witherspoon partners with Mediawan to buy it back.
## Hello Sunshine's Value Drop
The reported purchase price is in the low-to-mid eight figures, significantly below Hello Sunshine’s 2021 valuation.
## Hello Sunshine's 2016 Start
Founded in 2016, Hello Sunshine produced shows like Big Little Lies and The Morning Show, and grew Reese’s Book Club to 6.2 million readers.
## Candle Media's 2021 Acquisition
Candle Media, backed by Blackstone, bought Hello Sunshine in 2021 along with Moonbug Entertainment and ATTN:.
## Streaming Market Shift
Entertainment companies became more disciplined about content spending after the streaming boom ended.
## Hello Sunshine's New Focus
Hello Sunshine will refocus on premium film, television, and Reese’s Book Club under founder-led ownership.
## Key takeaway

Reese Witherspoon is buying back Hello Sunshine, the media company she founded in 2016, from Candle Media for a reported low-to-mid eight figures.