By Selome Hailu
Plus IconSelome Hailu
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2026 Getty Images Reese Witherspoon‘s Hello Sunshine is majorly shrinking.
Earlier this month, Witherspoon bought her production company back from Candle Media, the Blackstone-backed label that had acquired a controlling stake in 2021. With the support of the French conglomerate Mediawan, the actress was reportedly able to reacquire the banner for just a fraction of the $900 million that Candle Media had paid for it. Now, after just a few weeks in the driver’s seat, Witherspoon has let go some 30 employees — roughly 50% of Hello Sunshine’s staff.
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