Brent Lang Executive Editor of Film and MediaHello Sunshine, the media company founded by Oscar-winner Reese Witherspoon, is pursuing a possible sale, Variety has confirmed.
The price for the company behind “Big Little Lies” and “The Morning Show” could hit $1 billion. That’s an impressive figure given that Hello Sunshine has created some buzzy shows, but is still a relatively new player in the space with a slender library of past hits.It’s also a sign that streamers and media companies are desperate to bolster their arsenals of original content as new services like HBO Max, Paramount Plus, Peacock and Disney Plus vie for dominance against established players such as Netflix.
Read more on variety.com
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