Reese Witherspoon’s Hello Sunshine, the production entity behind shows such as “Big Little Lies,” has been acquired by a newly formed media company launched by former Walt Disney Co. executives. The deal values Hello Sunshine at more than $900 million, according to a person close to the company who was not authorized to comment. AdvertisementIn addition to “Big Little Lies” on HBO, Hello Sunshine produced “The Morning Show” on Apple TV+ and “Little Fires Everywhere” on Hulu. Hello Sunshine, founded in 2016 by the “Legally Blonde” star, was among a growing collection of production companies that have been seeking deals at lofty valuations. Hello Sunshine, which was said to be worth as much as $1 billion and had received interest from Apple, is the first of those to actually get a deal.

Source: Los Angeles Times August 02, 2021 16:07 UTC