Blackstone (BX) is exploring options for Hello Sunshine, one of the best-known assets in the portfolio of its Hollywood media company, Candle Media, including the possibility of combining it with another company, Reuters’ Dawn Chmielewski and Amy-Jo Crowley report, citing four people familiar with the matter. Candle Media’s acquisition of Reese Witherspoon’s Hello Sunshine catapulted the fledgling media company to prominence in 2021, the publication notes.
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