Hello Sunshine, Reese Witherspoon’s media company which she founded in 2016, famous for hit titles such as Big Little Lies and Little Fires Everywhere, might be in the process to be sold to some pretty big names.
Witherspoon, 45, is reportedly in talks with ‘multiple suitors including Apple Inc,’ to buy her company, which is worth upwards of $1 billion according to the Wall Street Journal. Hello Sunshine is owned primarily by Witherspoon alongside Seth Rodsky and Jim Toth, Witherspoon’s husband.
The Legally Blonde actress is no stranger to the media powerhouse that is Apple, with her drama series The Morning Show, starring Jennifer Aniston making splashes across TV screens as the show enters it’s second season.
Back in April, Witherspoon was shocked and overwhelmed when she discovered that Hello Sunshine was named one of TIME100’s Most Influential Companies.
‘Honestly, I can’t properly express what a humbling experience it is to be recognized by @time as a business leader,’ Witherspoon wrote on Instagram.
Hello Sunshine is also the company behind upcoming debuts such as the film adaptation of Where the Crawdads Sing and Luckiest Girl Alive.
‘The minute my career became about amplifying other women’s voices, and creating more for others, the world opened up for me in the most incredible ways,” Witherspoon said. “‘I really credit all the incredible people I stand shoulder to shoulder with @hellosunshine. Without their infinite creativity and endless hard work, this company would never become all that it is.”
Witherspoon credits “female partnership” in the success of her company, calling it the most “powerful fuel” on the planet. I don’t know about you, but I’ll trade oil and coal for female partnership any day of the week.
As of today, it is not completely clear how far these talks of selling the company have gone. But it will be interesting to see the kind of shift the company undergoes if it does ultimately trade hands, and if Witherspoon will still have a role to play in its future.