Reese Witherspoon Partners With Mediawan To Buy Hello Sunshine
Reese Witherspoon and Paris-based content group Mediawan have partnered to acquire Hello Sunshine from Candle Media. It’s the latest high-profile acquisition for the burgeoning Mediawan group after Chernin Entertainment, Brad Pitt’s Plan B, Chernin Entertainment and See-Saw Films. “Mediawan has built a global,…
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Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
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