Reese Witherspoon’s Hello Sunshine Cuts 50% of Employees After Actress Buys Back Company
Reese Witherspoon’s Hello Sunshine is majorly shrinking. Earlier this month, Witherspoon bought her production company back from Candle Media, the Blackstone-backed label that had acquired a controlling stake in 2021. With the support of the French conglomerate Mediawan, the actress was reportedly able to reacquire the banner for just a fraction of the $900 million […]
Key Takeaways
- Reese Witherspoon’s Hello Sunshine is majorly shrinking.
- Earlier this month, Witherspoon bought her production company back from Candle Media, the Blackstone-backed label that had acquired a controlling stake in 2021.
- With the support of the French conglomerate Mediawan, the actress was reportedly able to reacquire the banner for just a fraction of the $900 million […]
Reese Witherspoon’s Hello Sunshine is majorly shrinking. Earlier this month, Witherspoon bought her production company back from Candle Media, the Blackstone-backed label that had acquired a controlling stake in 2021. With the support of the French conglomerate Mediawan, the actress was reportedly able to reacquire the banner for just a fraction of the $900 million […]
Original Publisher Attribution
This summary was curated from Variety.