Reese Witherspoon Sells Hello Sunshine Production Company

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Here's how ReeseWitherspoon became the world's richest actress:

Known for her iconic roles in films like, Witherspoon has been committed to uplifting stories told by and for women in Hollywood through the production company she founded in 2016 with the goal of telling nuanced, women-driven stories. With an, Hello Sunshine has now been sold to a newly formed company backed by private equity firm Blackstone Group and run by former Disney executives Kevin Mayer and Tom Staggs.

“I started @HelloSunshine to change the way all women are seen in media. Over the past few years, we have watched our mission thrive through books, TV, film and social platforms,” Reese Witherspoon wrote in an Instagram post announcing the news on August 2. She added that the decision will allow the media company “to tell even more entertaining, impactful and illuminating stories about women’s lives globally.

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