A new media company backed by Blackstone and headed by former Disney executives is acquiring Reese Witherspoon’s Hello Sunshine entertainment company at a valuation of around $900 million, according to people familiar with the situation. The deal for the company, which makes such popular shows as HBO’s “Big LIttle Lies,” and Apple TV’s “The Morning Show,” marks how media investors are...
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The Weekend startups culture
Knocked Down, Dragged Out, and Laid Off
Hi, welcome to your Weekend! It was a tough week (and month and quarter) for people in tech. And that goes double for folks who work in crypto, which has seen a calamitous drop from its pandemic-era heights.Many might feel a hint of schadenfreude about the humbling of crypto. Certainly, its leaders seem worthy of comeuppance, after pumping the space with enough hot air and hype to power a...
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