An acquisition may be in the cards for Reese Witherspoon’s female-focused media company, Hello Sunshine — the studio behind HBO’s Big Little Lies, Apple TV+’s The Morning Show, and Hulu’s Little Fires Everywhere.
Several firms are interested in purchasing the studio, Bloomberg reports, which could be sold for as much as $1 billion. Hello Sunshine’s sale exploration was first reported by The Wall Street Journal, which called out Apple as a prospective buyer.
Hello Sunshine is owned by Witherspoon, the venture capitalist Seth Rodsky, and Jim Toth — a former CAA agent who is also Witherspoon’s husband. Hello Sunshine has received funding from AT&T as well as the Emerson Collective — a philanthropic company led by Laurene Powell Jobs focused on various causes, including education, immigration reform, the environment, media, and health.
In addition to its long-form projects starring Witherspoon, Hello Sunshine has produced a number of digital ventures, including a Facebook Watch series with Lilly Singh, an original programming slate for Audible, a quarantine-themed YouTube series, and more.
Each week, we handpick a selection of stories to give you a snapshot of trends,…
As major film studios seek deals with directors whose careers began on social media, Sony…
Syracuse University's Center for the Creator Economy has published a report that will make traditional news outlets…
At its annual Made On presentation, YouTube announced several tools that help brands forge partnerships with creators.…
Two weeks after OpenAI announced the hire of Sam Yam as the head of its Creator Product division,…
AI-generated text has become a major concern in classrooms, offices, and publishing houses, but the European…