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.
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.
Reese is on the cover of the Summer issue of Interview magazine! This is a fun magazine and it’s nice to see Reese back on the cover of it – her last one was December 2005! In this issue, Reese and actress/producer Tracee Ellis Ross talk about Reese’s business, women in business/power/entertainment, Wild, being everyone’s best friend, coffee, cocktails and Reese’s adult children. It’s accompanied by a fantastic new photoshoot. Find the photoshoot and cover in our Gallery, and read the interview at InterviewMagazine.com. We’ll hopefully be able to find scans for you soon…
“I’m passionate about what I do. I love making movies and television shows. I feel so lucky when I stand on set, and years of experience have stacked together to create this time in my life where I can really add, and I can really listen, and I can really be a problem solver, and I can always make something better. That’s such a great feeling. To feel purposeful and useful at work. I also love making people’s lives a tiny bit easier, whether you provide something that’s a reprieve from their daily life, whether it’s a smile you put on their face.”
Julianna Margulies is my new co- star on The Morning Show and now I can safely say, a dear friend! 😁 So I was thrilled to hear that she shared her fascinating life in a new memoir. Join us as we discuss many topics including:
-her international childhood
-her early career woes
-how she learned to leave situations that no longer served her
-how George Clooney gave her some of the best news of her life!
Every year, Time magazine release their ‘Time100’ list which highlights the most influential people out there, and this year, they are launching an additional list of Most Influential Companies – which includes Reese’s Hello Sunshine! Reese graces the cover of the magazine with a new photoshoot, and talks about building the company in the detailed interview inside. Read the interview below, find scans and the photoshoot in the Gallery, and see the behind the scenes interview in this post. Pick up a copy of Time on news-stands now!
Reese Witherspoon, 45, has transformed her role in Hollywood from movie star to business leader—and maker of her own fortune. After rising as a child actor, she shot to household-name status for 2001’s Legally Blonde, going on to win an Oscar in 2006 for Walk the Line. But even after those triumphs, for a time she struggled to find satisfying roles in Hollywood, where women’s stories have long been sidelined. She discovered a way to change that in a lifelong love: books. Celebrating books through her book club—and adapting them for the screen—is now the foundation of Witherspoon’s business at Hello Sunshine, the media company she founded in 2016, where she’s established a track record for spotting, and making, hits.
April 20, 2021 • Category: Hello Sunshine, RW Book Club, Video Updates •
Comments Off on Hello Sunshine video: Reese Witherspoon and “Group” author Christie Tate on growing up in the South, therapy, and honesty
Reese Witherspoon invites Reese’s Book Club pick “Group” author Christie Tate to talk about the importance of therapy. Listen to their honest discussion about letting yourself open up in order to fully realize your voice.
Amyris Brand Biossance® partners With Reese Witherspoon To Accelerate Clean Beauty Movement
Amyris, Inc., (Nasdaq: AMRS) a leading synthetic biotechnology company active in the Clean Health and Beauty markets through its consumer brands, and a top supplier of sustainable and natural ingredients, today [April 7th] announced a 5-year partnership with Reese Witherspoon as global brand ambassador for Biossance®, one of the fastest growing clean and sustainable skincare brands in the world.
Together, Reese and Biossance will partner to shape the future of clean beauty, leveraging her global leadership in the entertainment industry, and passion for education, with Biossance’s unparalleled expertise in skincare efficacy, and clean beauty science.
Reese, the Biossance brand team and its industry-leading scientists will create content that is engaging and educational, empowering today’s beauty community to become savvier, more health-conscious consumers. She will also develop curated and limited-edition items featuring her favorite Biossance products.
“I have always been conscious of what’s being put on my skin, but after all the time I’ve spent on-sets throughout my career, I’ve learned so much,” Reese Witherspoon explains. “As my knowledge has grown so has my desire to use clean and consciously created products. I not only fell in love with Biossance’s products, especially their Rose Oil, but also their innovative, female-led team and their mission towards a sustainable future. My skin has never felt healthier and I’m proud to work with such a strong industry leader in sustainability and care for our planet.”
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