As expected, Reese appeared on the Stand Up To Cancer telecast this weekend – it aired yesterday, but was probably filmed on Friday (?). Reese opened the telecast talking about the impact of cancer and how the past 18 months have taught us not to take things for granted, as well as how the organisation started through “collaboration not competition”. Watch the telecast below, and find photos & screencaptures in our Gallery:
At the end of July Reese attended a Social Studies and Rent the Runway ‘The After Party Tour’ Dinner at the Urban Cowboy Public House in Nashville. Social Studies and Rent The Runway are both companies that allow you to rent out clothes and event items, respectively, and their ‘After Party Tour’ is a series of events to promote their brands and celebrate being able to get together after the restrictions of the global pandemic. Read more about the tour here and here. Reese was photographed with Social Studies Co-Founders Jessica Latham and Amy Griffin. Find a few photos in our Gallery:
Reese spoke (virtually) at the SalesForce Cloud100 summit on August 10th. She spoke about adapting her business and leadership during the pandemic.
From e-commerce to cryptocurrency and everything in between, the cloud is increasingly powering how we bank, communicate, work and shop in an increasingly digital world.
Join leading CEOs from Canva, Databricks, Vimeo and many more — as well as leaders such as Hello Sunshine founder Reese Witherspoon and NFL athletes Kelvin Beachum and Larry Fitzgerald — as they discuss where the industry is headed, how to build a breakout cloud business, and how to match profits with purpose in this insights-packed live virtual event to celebrate the launch of the sixth annual Cloud 100 list.
The live virtual event will start on August 10 at 12pm ET. (Forbes)
The pandemic isn’t over, but the light is at the end of the tunnel. During this great reset — when the way people work and live is more fluid than ever before — figuring out how to navigate the digital and the “real” world seems to be on everyone’s mind. For many leaders, this shift is an opportunity to explore what they can do differently as the world begins to open up again.
To help explore this transition, we bring together three leaders from industries undergoing major change who are leaning into the shifting landscapes and pointing their respective industries towards the future. Reese Witherspoon of Hello Sunshine, Rachel Carlson of Guild Education, and Chris Comparato of Toast share the transformations they’ve made this year, the values they continue to carry, and how that informs the way they build and lead.
Mindy Kaling, who is co-writing the script for Legally Blonde 3, gave us an update on the scripts progress during an appearance on Watch What Happens Live last month. She talked about working with Reese on developing the character and story, how to match the iconic first film, whether Paulette will be back, and that they are still working on the first draft. Thanks to our friend Maria V for updating us on this!
August 17, 2021 • Category: Hello Sunshine, News & Gossip, Producing •
Comments Off on Reese Witherspoon’s Hello Sunshine Sold for $900 Million to Media Company Backed by Blackstone
Reese Witherspoon’s Hello Sunshine Sold for $900 Million to Media Company Backed by Blackstone
Reese Witherspoon’s Hello Sunshine has been sold for north of $900 million to a media company backed by the private-equity firm Blackstone Group Inc.
Witherspoon and Sarah Harden, Hello Sunshine’s CEO, will join the board of the new company and will continue to oversee day-to-day operations. They will also remain significant equity holders.
The Wall Street Journal first reported the news of Hello Sunshine’s sale. The still-unnamed media venture by Blackstone will be run by former Disney executives Kevin Mayer and Tom Staggs.
“Today marks a tremendous moment for Hello Sunshine,” Witherspoon said in a statement. “I started this company to change the way all women are seen in media. Over the past few years, we have watched our mission thrive through books, TV, film and social platforms. Today, we’re taking a huge step forward by partnering with Blackstone, which will enable us to tell even more entertaining, impactful and illuminating stories about women’s lives globally.”
Hello Sunshine received interest from multiple private equity companies and streamers after it began shopping itself. At one point, Apple, which produces Witherspoon’s “The Morning Show,” kicked the tires on the company, but it’s not clear how far the talks went. The sale of Hello Sunshine could spark a fresh wave of acquisitions of content companies, and comes as the likes of A24, Imagine, Legendary and Lebron James’ SpringHill Entertainment have all explored possible sales. Mayer and Staggs have been at the center of this deal-making, engaging in talks with SpringHill and Imagine as they look to roll up several smaller media companies, according to knowledgable insiders.
“We are thrilled to partner with Reese, Sarah, and the entire Hello Sunshine team,” Mayer and Staggs said. “Hello Sunshine is a perfect fit for our vision of a new, next generation entertainment, technology, and commerce company. We seek to empower creators with innovation, capital, and scale to inspire, entertain, and delight global audiences with engaging content, experiences, and products. Our platform will foster a uniquely creator-friendly culture that gives elite talent the resources they need to create and capitalize on their best, most inventive work. We look forward to backing Reese, Sarah, and their world-class team as they continue to produce and identify dynamic, engaging content for years to come.”
Ashton Kutcher Joins Reese Witherspoon In Netflix Romcom ‘Your Place Or Mine’ For Aggregate & Hello Sunshine
Ashton Kutcher will star opposite Reese Witherspoon in the Netflix romcom Your Place or Mine based on the original script by Aline Brosh McKenna (The Devil Wears Prada, Crazy Ex-Girlfriend) who is also making her feature directorial debut on the project.
In Your Place or Mine, two best friends who live on opposite coasts swap homes for a week and see their whole lives change. Deadline first reported about Jason Bateman and Michael Costigan’s Aggregate Films’ deal on the co-production with Witherspoon’s Hello Sunshine. Bateman and Costigan will produce through their first-look deal with Netflix alongside Witherspoon and Lauren Neustadter for Hello Sunshine and McKenna for Lean Machine.
Aggregate’s Ozark series, which Bateman stars in, directed and exec produced, clocked a third season that was watched by 29M households WW in its first four weeks. Ozark counts three Primetime Emmy wins: one for Bateman in 2019 for directing the drama series and two for Julia Garner in the Best Supporting Actress Drama series category. Last fall, Netflix acquired feature comedy Student Driver, an original pitch from writer Peter Hoare (Standing Up, Falling Down) and Jason Bateman’s Aggregate Films. Bateman recently starred in the Melissa McCarthy-Octavia Spencer Netflix comedy movie Thunder Force.
Witherspoon’s Hello Sunshine was snapped up yesterday by a firm backed by private-equity giant Blackstone Group for a reported $900M. The new venture will be led by former Walt Disney Co. executives Kevin Mayer and Tom Staggs, with Hello Sunshine as its first acquisition. Witherspoon and Hello Sunshine CEO Sarah Harden will join the board of the as-yet-unnamed company and will continue to operate Hello Sunshine. Hello Sunshine’s notable credits include Apple’s The Morning Show, which has an upcoming second season, and HBO’s Big Little Lies and Hulu limited series Little Fires Everywhere.
Kutcher is repped by CAA, Untitled Entertainment and Sloane, Offer, Weber & Dern. He is a SAG ensemble nominee for the 2007 movie Bobby, and starred in such feature hits as What Happens in Vegas, Valentine’s Day, No Strings Attached and New Year’s Eve. His TV credits include 80 episodes of Netflix series The Ranch on which he also serves as EP, 84 episodes of Warner Bros. TV and CBS’ Two and a Half Men, and 183 episodes of That ’70s Show. As an EP, he has been behind such series as Punk’d and Beauty and the Geek.
The first trailer for Sing 2 was released last week! We get a sneak peek of new characters in the animated musical, alongside our old favorites including Reese as Rosita the pig. The synposis of the film can be read below along with links to the official site and social media pages, and the new character poster will be uploaded to our Gallery asap. The film hits US cinemas on December 22nd.
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