Could Reese Witherspoon be the next media billionaire?
ABC  With the seemingly endless need for content in the age of streaming, there are reports that Reese Witherspoon is about to cash in. The Wall Street Journal reports that the Legally Blonde star and her Hello Sunshine production company  which produces Reeses Emmy-nominated hits The Morning Show for Apple TV+ and Little Fires Everywhere for Hulu, as well as HBOs Emmy-winning Big Little Lies  is exploring a sale, and that the asking price could hit a billion bucks. Reeses company also produces a podcast, and is home to Reeses Book Club. Dedicated to shining a light on female authorship and agency, Hello Sunshine  which Witherspoon runs with her husband, former Hollywood agent Jim Toth, and venture capitalist Seth Rodsky  has developed into a lifestyle brand to boot. Its current successes and potential for churning out new content have attracted Apple as a potential buyer, according to The Wall Street Journal. Elle Woods would be proud. Copyright  2021, ABC Audio. All rights reserved.