In 2021, Reese Witherspoon’s company was acquired by another conglomerate; now the star has 100% ownership
In a significant move, Reese Witherspoon has reclaimed full ownership of Hello Sunshine, her production company, through a recent agreement facilitated by Pierre-Antoine Capton's firm. Originally acquired by Candle Media for USD 900 million in 2021, Hello Sunshine's buyback aligns with Candle Media's strategy to alleviate its substantial debt, approximating USD 1 billion. Witherspoon highlighted her pride in the accomplishments of her team and expressed heartfelt appreciation for previous collaborations.
