HomeNewsEntertainmentCould Reese Witherspoon be the next media billionaire?Could Reese Witherspoon be the next media billionaire?Fri, July 9, 2021 by ABC NewsSHARE NOW ABCWith 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 Reese’s Emmy-nominated hits The Morning Show for Apple TV+ and Little Fires Everywhere for Hulu, as well as HBO’s Emmy-winning Big Little Lies — is “exploring” a sale, and that the asking price could hit a billion bucks.Reese’s company also produces a podcast, and is home to Reese’s 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.