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From $900 Million to Rock Bottom: How Reese Witherspoon’s Hello Sunshine Cratered After Candle Media’s Big Bet | Analysis

The Wrap ·
From $900 Million to Rock Bottom: How Reese Witherspoon’s Hello Sunshine Cratered After Candle Media’s Big Bet | Analysis

In 2021 Candle Media co-CEOs Tom Staggs and Kevin Mayer took a massive bet on Reese Witherspoon’s Hello Sunshine when they acquired a majority stake in the company at a head-scratching $900 million valuation. Financial e

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