, which first reported news of the deal. Witherspoon and some Hello Sunshine executives and investors will retain ownership stakes in the new company.
"Today, 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. I couldn't be more excited about what this means for our future," Witherspoon said in a release. Hello Sunshine was founded by Witherspoon in 2016 to create content focused on female voices. Its productions include HBO's "Big Little Lies," Hulu's "Little Fires Everywhere" and"Kevin and Tom and our partners at Blackstone see what we see – women's stories matter, and we have economic power as consumers, creators and business leaders. Their commitment enables us to double-down on our mission and our ambitious growth agenda," Harden said in a release.
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ReeseW JBoorstin all of em same time...
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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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WSJ News Exclusive | Reese Witherspoon’s Hello Sunshine to Be Sold to Media Company Backed by BlackstoneBreaking: Reese Witherspoon’s media business, Hello Sunshine, is selling itself to a firm backed by private-equity giant Blackstone Group, the companies said, part of a plan to build an independent entertainment company for Hollywood’s streaming era I can give you more info on how to make money weekly with the forex/binary investment platform. If you're interested, dm me. The deal values Witherspoon’s company, whose production slate has included series such as HBO’s “Big Little Lies” and Apple’s “The Morning Show,” at about $900 million, people familiar with the matter said “Independent” “equity firm”
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Reese Witherspoon’s Hello Sunshine Sold to Media Company Led by Kevin Mayer and Tom StaggsHello Sunshine, which produced 'Big Little Lies' and 'The Morning Show,' was valued at $900 million in the deal, with the new media company backed by private equity giant Blackstone. I could sure use that money in my pocket Perhaps we should start a fundraiser for Reese. The poor woman may be out of a job?!?!
Source: THR - 🏆 411. / 53 Read more »