Reese Witherspoon Partners With Mediawan To Buy Hello Sunshine
Reese Witherspoon and Paris-based content group Mediawan have partnered to acquire Hello Sunshine from Candle Media.
It’s the last high-profile acquisition for the burgeoning Mediawan group after Chernin Entertainment, Brad PItt’s Plan B, Chernin Entertainment and See-Saw Films.
The transaction unites Hello Sunshine with Mediawan and its network of creative companies. The partnership will also enable Hello Sunshine to explore a broader range of storytelling formats and distribution models, connecting in new ways with audiences around the world.
“Mediawan has built a global, independent studio by putting creators first. That has always been my vision for Hello Sunshine,” said Hello Sunshine founder Reese Witherspoon.
“I’m investing alongside Mediawan and joining Pierre-Antoine Capton and his teams because this is the perfect home for this new media landscape. It’s also a homecoming. Peter Chernin and Jesse Jacobs believed in Hello Sunshine from day one. I’m deeply proud of what our incredible team has built, and grateful to Blackstone and Candle Media for their partnership and unwavering support. The best is still ahead.”
Hello Sunshine co-founder Seth Rodsky will join the Board of the company alongside Witherspoon and representatives from Mediawan.
Mediawan said the the acquisition continued its broader strategy to create a powerful platform of creative talent by bringing together the best independent production companies in the industry under one roof while preserving the creative independence and distinct identities that made them successful.
Hello Sunshine joins Mediawan’s ecosystem of more than 100 production labels which also include Kinetic Content, Wiedemann & Berg, Palomar, Our Films, Drama Republic, Chapter2, Chi-Fou-Mi, alongside Chernin Entertainment, Plan B Entertainment, See-Saw Films.
The group’s shows and films include Adolescence, Backrooms, F1, Slow Horses, Call My Agent!, Apex, Miraculous, Love Is Blind, New Girl, The Greatest Showman, and the Planet of the Apes franchise.
“Mediawan has thrived by bringing together the best creative companies and giving them the resources, scale, and independence to tell great stories,” said Capton, co-founder and CEO of Mediawan Group.
“Led by a generational talent in Reese, Hello Sunshine has an extraordinary track record of telling premium stories through film and TV and forming strong connections with audiences through Reese’s Book Club. Bringing these creative brands together, giving producers access to a broader pool of talent, IP and resources, while preserving their independence is what differentiates Mediawan. It strengthens what we can offer both talent and buyers, and Hello Sunshine brings a distinctive creative identity and a direct audience relationship that makes the whole group stronger.”