Reese Witherspoon's media firm to be sold to Blackstone-backed company

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Academy 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.

Founded in 2016, Hello Sunshine's productions include "Big Little Lies," "The Morning Show" and “Little Fires Everywhere.”, Emerson Collective, Strand Equity's Seth Rodsky and Jim Toth.

Witherspoon and Chief Executive Officer Sarah Harden, who will join the board of the new media company, will continue to oversee the day-to-day operations of Hello Sunshine.Sign up for our newsletter Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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