Culture & Entertainment
Reese Witherspoon’s Hello Sunshine Cuts 50% of Employees After Actress Buys Back Company
Source: Variety · Published
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 actr
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 […]
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