With so many streaming options in the market, there is pent-up demand for content. Backed by Blackstone, Hello Sunshine will be able to produce more shows and films, making it attractive to these platforms. Not to mention, it has a solid track record of Emmy nominations.
The company has been able to key into what its audiences want through social media, Witherspoon said. The actress actively engages with this community, particularly those that are part of Reese's Book Club. Witherspoon, an avid reader, has optioned a number of books for television series. "We didn't have these kind of opportunities seven years ago," she said. "I was making movies in a vacuum. I never really knew who was seeing them, what their feelings were. Now, I have this really great one-on-one relationship with people all over social media. ... We can really figure out and tease out exactly what audiences want to see."
In addition to a scripted studio, Hello Sunshine also produces unscripted shows and began a kids animation division 18 months ago. "I'm really excited to extend our mission into animation so that we can reach more young women with this idea that women can be the heroes of their own story and do that authentically with real female creators," Witherspoon said.
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Because she got close to a billion dollars, saved you a click.
good luck
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