Business
Mediawan Acquires Reese Witherspoon's Hello Sunshine
European entertainment group Mediawan has expanded its Hollywood footprint by acquiring Reese Witherspoon's production company, Hello Sunshine. Led by Pierre-Antoine Capton, the firm secured the deal at a fraction of its prior peak valuation, bringing Witherspoon directly into its shareholder network alongside other high-profile creators like Brad Pitt. Capton emphasized that the acquisition centers on artistic collaboration and intellectual property sharing rather than strict financial consolidation. Mediawan plans to leverage Hello Sunshine's extensive book club library across international markets, fostering cross-border co-productions while capitalizing on European cost advantages amid shifting global media trends.