"We're taking a huge step forward by partnering with Blackstone, which will enable us to tell even more entertaining, impactful and illuminating stories about women's lives globally," she continued.The star said she "couldn't be more excited" about what this new leadership will do for Hello Sunshine, and promised that she will still be part of its journey.
"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," Reese said. "This is a unique time in our world where the intersection of art, commerce and media makes it possible for these creators to tell their stories and Hello Sunshine is here to put a spotlight on their amazing creations.
The 45-year-old star concluded, "I am deeply proud of the team that got us to this incredible moment, and I'm thrilled to be working with Blackstone, Kevin, and Tom to grow a next generation media company. They are committed to helping our mission to empower women and the people who celebrate them. One story at a time."
Worth that and then some... Congratulations
She’s not say hello she saying
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Reese Witherspoon’s Media Company Hello Sunshine Reportedly Sells for $900 Million“This is a meaningful move in the world because it really means that women’s stories matter,” Witherspoon said of the sale to a media firm backed by private-equity group Blackstone Group Inc.
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Reese Witherspoon’s Company Sells for Almost $1 BillionThe company is best known for co-producing Witherspoon’s hit television efforts 'Big Little Lies,' 'Little Fires Everywhere,' and 'The Morning Show.'
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Reese Witherspoon's media firm to be sold to Blackstone-backed companyAcademy award-winning actress Reese Witherspoon's media venture, Hello Sunshine, said on Monday it would be bought by a newly formed Blackstone Group Inc-backed media firm (BX.N) for an undisclosed amount.
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