Laurene Powell Jobs’ Emerson Collective and Otter Media Invest in Reese Witherspoon’s Hello Sunshine

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Reese Witherspoon’s Hello Sunshine has received new investment from Laurene Powell Jobs’ Emerson Collective and Otter Media, which had previously invested in the company.

The total investment figure was not disclosed.

Hello Sunshine said it will use the investments to support the creation and discovery of premium IP that celebrates women, which it plans to distribute across multiple social platforms such as Facebook and YouTube.

Also Read: Rachel Spiegelman to Exit Reese Witherspoon’s Hello Sunshine as Head of Brand Studios

“We are extremely proud to extend our relationship with Otter Media, who has been a devoted partner since the beginning,” Hello Sunshine CEO Sarah Harden said in a statement. “We are truly honored to begin working alongside the team at Emerson Collective given their commitment to supporting impactful storytelling.”

“We very intentionally chose strategic investors who passionately and unequivocally support our mission of changing the landscape for women by putting them at the center of every narrative we create, elevate and champion,” Harden added.

“Hello Sunshine has built a unique platform for female storytellers,” Otter Media CEO Tony Goncalves said. “Fans love Hello Sunshine for its commitment to making women’s stories come to life and we are proud to continue supporting them through the next chapter of their journey.”

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Founded by Witherspoon and Seth Rodsky in 2016, Hello Sunshine has helped produce HBO’s Emmy-Award winning “Big Little Lies,” the limited series “Little Fires Everywhere” on Hulu, Amazon’s limited series “Daisy Jones and the Six,” and two of Apple’s upcoming series, “Are You Sleeping” and the “Untitled Morning Show Project.”

In addition to its video content, Hello Sunshine recently completed a 10 city live tour “Hello Sunshine x Together Live” and has entered into a partnership with philanthropist Eve Rodsky whose debut book “Fair Play: The 5 New Rules to Revolutionize Your Marriage, Home and Sense of Purpose” will be published in fall 2019.

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Ozy Media Raises $10 Million During Latest Round of Funding

Read on: TheWrapTheWrap.

Ozy Media has raised $10 million in its third round of funding, led by venture-capital firm GSV Capital, which brings the Silicon Valley startup’s total amount raised to $35 million.

The company will use these funds to invest in additional editorial staff that “discover and report on important cutting edge stories being told nowhere else,” according to the company. “Now more than ever before people are looking for a news source outside the echo chamber,” says CEO Carlos Watson.

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Previous funders include Axel Springer, Emerson Collective, and some of Silicon Valley’s top angel investors. Ozy Media aims to create original content, “focused not simply on where the world is but, more importantly, where the world is going,” according to its website.

Ozy has expanded its editorial product and email newsletters delivering global coverage of politics, culture, sports, food, technology, to over 2 million people worldwide. The company also claims on its official site to have grown to 25 million monthly unique visitors.

“Ozy is ahead of the curve not just editorially but in our intention to be revenue diversified since day one,” Watson said. “We want to be everywhere our addicts are; online, on their TV and movie screens, and at live events worldwide.”

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