From dot.LA · · 1m
Reese Witherspoon Buys Hello Sunshine Back
Reese Witherspoon buys Hello Sunshine media company after selling it for $900M five years ago.
In brief
Reese Witherspoon buys Hello Sunshine media company after selling it for $900M five years ago. Reese Witherspoon is buying back Hello Sunshine, the media company she founded, from French production group Mediawan for a reported low-to-mid eight figure price. Originally reported by dot.LA.
Reese Witherspoon Sells Hello Sunshine
Five years after selling Hello Sunshine for more than $900M, Reese Witherspoon is buying it back with Mediawan.
Hello Sunshine's Value Drops
Hello Sunshine's valuation fell significantly after Candle Media acquired it in 2021.
Hello Sunshine's Business Model
Hello Sunshine produced shows like Big Little Lies and reached 6.2 million readers through Reese's Book Club.
Candle Media's Acquisition
Candle Media bought Hello Sunshine in 2021 to build a portfolio of entertainment brands.
Streaming Market Shifts
Streaming companies became more disciplined about content spending after the streaming boom.
Hello Sunshine Returns to Founder
Hello Sunshine is returning to founder-led ownership with a focus on premium film, television, and book club.
The bottom line
Reese Witherspoon is buying back Hello Sunshine, the media company she founded, from French production group Mediawan for a reported low-to-mid eight figure price.
