Blackstone said to evaluate Hello Sunshine's options
Blackstone-backed Candle Media is exploring options for Reese Witherspoon's Hello Sunshine that could include merging it with another media company, Reuters reports. Why it matters: The high-profile acquisition has been the poster child for overspending on star-driven production companies during the 2021 content spending boom.
Exclusive-Blackstone evaluates options for Reese Witherspoon’s Hello Sunshine, sources say
Candle Media’s acquisition of Reese Witherspoon’s Hello Sunshine, the female-focused entertainment company behind Apple (NASDAQ: AAPL) TV+’s “The Morning Show” and Amazon (NASDAQ: AMZN )’s "Daisy Jones & the Six," catapulted the fledgling media company to prominence in 2021.
Blackstone explores options for Hello Sunshine, may consider merger
Investing.com -- Blackstone (NYSE: BX) is considering various options for Hello Sunshine, a prominent asset in the portfolio of its Hollywood media company, Candle Media. According a Wednesday report by Reuters, these options could include merging with another company.
Blackstone evaluates options for Witherspoon’s Hello Sunshine, Reuters says
Blackstone (BX) is exploring options for Hello Sunshine, one of the best-known assets in the portfolio of its Hollywood media company, Candle
Blackstone, Candle Media explore Hello Sunshine options - report
The news comes after Blackstone sold Candle Media’s shortform outfit ATTN, and a year since it reorganised operations at Candle Media, creating Candle Studios, run by Hello Sunshine chief exec Sarah Harden, and kids-focused Moonbug Entertainment.
Blackstone considers options for Hello Sunshine studio - Reuters
Blackstone (NYSE:BX) is evaluating alternatives for Candle Media's Hello Sunshine studio. The options for Hello Sunshine, which actress Reese Witherspoon sold to Candle Middle, include possibly combing it with another studio,
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Candle Media's Strategic Moves Amid Hollywood Turmoil
Blackstone is considering options for Hello Sunshine, a major asset in Candle Media's portfolio, amid industry challenges such as streaming cutbacks and Hollywood strikes. Possibilities include ...
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Hello Sunshine & Lyda Hill Philanthropies’ IF/THEN Initiative Team On Film And TV Slate Focused On Women And Girls In STEM Fields
Hello Sunshine, which is owned by Candle Media, joined with the industry consortium IF/THEN to announce the team-up on Tuesday, which is the International Day of Women and Girls in Science.