Reese Witherspoon-owned media firm Hey Sunshine is contemplating a sale, and Apple is among the events, studies The Wall Road Journal.
Apple already works with Hey Sunshine on common Apple TV+ collection “The Morning Present,” which stars Witherspoon. Hey Sunshine can also be concerned in a number of upcoming Apple TV+ reveals like “Floor” starring Gugu Mbatha-Uncooked, “The Final Factor He Instructed Me” with Julia Roberts, and nation music actuality collection “My Type of Nation.”
Hey Sunshine reportedly started pursuing a sale within the final couple of months and has acquired curiosity from a number of suitors, certainly one of which is Apple. The corporate might be valued at as a lot as $1 billion, as a result of hits just like the aforementioned collection “The Morning Present” and in addition “Huge Little Lies” and “Little Fires In every single place.”
The manufacturing firm is working with funding bankers to discover its choices, and there’s no assure that it will likely be bought, nor that Apple will buy it.
If Apple does certainly buy Hey Sunshine, it might in the end be folded into Apple Studios, Apple’s personal manufacturing firm that’s concerned with a few of its Apple TV+ reveals. Apple Studios is to date engaged on “Floor,” “Snow Blind” with Jake Gyllenhaal, “Emancipation” with Will Smith, and “Killers of the Flower Moon” with Martin Scorsese and Leonardo DiCaprio.