Reese Witherspoon’s Hello Sunshine Cuts 50% of Employees After Actress Buys Back Company

Variety

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Original Report

↗ Variety

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 […]