Content overview: “Reese Witherspoon and Mediawan Buy Back Hello Sunshine from Candle Media”. Reese Witherspoon is reclaiming ownership of her media company, Hello Sunshine, with backing from Mediawan Partners, the European studio group led by Pierre-Antoine Capton. The deal sees Witherspoon and Mediawan acquiring Hello Sunshine from Candle Media, the Blackstone-backed company that bought it in 2021 for a reported $900 million. Hello Sunshine co-founder Seth Rodsky will join the board alongside Witherspoon and Mediawan representatives, signaling a return to the company's creator-first roots.
Witherspoon, whose production credits include Big Little Lies, The Morning Show, and Daisy Jones & The Six, said Mediawan 'has built a global, independent studio by putting creators first. That has always been my vision for Hello Sunshine.' The move comes as Candle Media, co-founded by former Disney executives Kevin Mayer and Tom Staggs, has faced challenges in the shifting streaming economy. For the complete material, the listing points back to the source inside the network.