Actress Reese Witherspoon sells her media company for $1 billion

Actress Reese Witherspoon is selling her media company Hello Sunshine. The buyer could be Apple, writes The Wall Street Journal.

Reese Witherspoon is considering selling her company Hello Sunshine for $1 billion. Possible buyers include Apple. Hello Sunshine has previously produced "Big Little Lies" and "The Morning Show" on the Apple TV platform.

Hello Sunshine is a relatively young media company that was created in 2016. It has released several popular shows on streaming services Apple TV Plus, Hulu, Amazon Prime, and Netflix. The company also produces books and makes podcasts aimed at female audiences.