Reese Witherspoon Partners With Mediawan To Buy Hello Sunshine
News Source
β’Tue, 13 Oct 2026 17:55:49 +0000
π° What Happened
Reese Witherspoon and the French media group Mediawan are buying Hello Sunshine. They are taking it over from Candle Media. Witherspoon founded Hello Sunshine and will invest in the deal herself. The company makes shows and films like Big Little Lies and The Morning Show.
Witherspoon said Mediawan is the perfect home for the company. Co-founder Seth Rodsky will join the board with her and Mediawan representatives.
π The Backstory
Hello Sunshine launched in 2016 with backing from Peter Chernin. Candle Media bought it in 2021 under Kevin Mayer, a former Disney boss. Candle spent big on other firms, but the streaming boom cooled. Platforms like Netflix cut spending, squeezing smaller producers.
Mediawan has grown by buying film and TV companies, including Brad Pitt's Plan B. Buying Hello Sunshine adds its best-selling book club, which has driven about $900 million in US book sales.
π― Why It Matters
The deal shapes what shows and films get made. It also shows how the streaming boom is cooling and leaving media companies to change hands.
Reese Witherspoon and the French media group Mediawan are buying Hello Sunshine. They are taking it over from Candle Media. Witherspoon founded Hello Sunshine and will invest in the deal herself. The company makes shows and films like Big Little Lies and The Morning Show.
Witherspoon said Mediawan is the perfect home for the company. Co-founder Seth Rodsky will join the board with her and Mediawan representatives.
Hello Sunshine launched in 2016 with backing from Peter Chernin. Candle Media bought it in 2021 under Kevin Mayer, a former Disney boss. Candle spent big on other firms, but the streaming boom cooled. Platforms like Netflix cut spending, squeezing smaller producers.
Mediawan has grown by buying film and TV companies, including Brad Pitt's Plan B. Buying Hello Sunshine adds its best-selling book club, which has driven about $900 million in US book sales.
The deal shapes what shows and films get made. It also shows how the streaming boom is cooling and leaving media companies to change hands.