Hello Sunshine, the production company founded by Reese Witherspoon, could be acquired by Apple.
As reported by The Wall Street Journal, one of the potential buyers of the production studio was at one point actually Apple. However, the report doesn’t say if Apple is still in the race to acquire the company as a boost to its Apple TV + streaming service.
The company began seeking a sale in recent months after receiving interest from several suitors, including Apple Inc., one of the people said. People close to the situation say the company could be valued at up to $ 1 billion in a deal.
Hello Sunshine is working with investment bankers as it explores its options, people familiar with the matter say. There is no guarantee that the company will find a buyer.
While Apple has signed many deals with production companies, it has yet to buy one. The company currently plans all content for its Apple TV + streaming service through Apple Original Studios in partnership with a variety of other studios.
Hello Sunshine is best known for producing television shows like “Big Little Lies” and “Little Fires Everywhere.” Witherspoon herself already has a relationship with Apple as a co-star on the Apple TV + drama series “The Morning Show.”
It is currently unclear if Hello Sunshine will actually sell or if Apple will end up as the company’s winning bid.
If you want to enjoy “The Morning Show” in the best possible quality while we wait to learn more about the production company, check out our list of the best TVs for Apple TV 2021.
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