citing people familiar with the matter, and is working with investment bankers to explore its options. Hello Sunshine could be valued by as much as $1 billion, the report continued.
A rep for Hello Sunshine and Witherspoon declined to comment. A rep for Apple did not immediately respond to TheWrap’s request for comment.
Hello Sunshine was founded in 2016 as part of a joint venture with AT&T; AT&T still holds a minority stake through its ownership of Otter Media.
Along with Witherspoon, Hello Sunshine’s owners include Seth Rodsky and Jim Toth, a former CAA agent who is Witherspoon’s husband.Hello Sunshine’s productions include HBO’s “Big Little Lies,” Apple TV+’s “The Morning Show,” Hulu’s “Little Fires Everywhere” and upcoming titles like.
Read more on thewrap.com
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