Reese Witherspoon, known for her acting career, has built a highly successful book club, "Reese's Book Club", since its launch in 2017. The club boasts over 3 million members.
Every month, Witherspoon recommends books featuring strong female characters. Prior to making her recommendations, she negotiates with authors to secure rights for potential adaptations.
Reese's endorsements often lead to increased book sales, benefiting both the authors and Witherspoon, who gains the rights for movie or TV adaptations.
With the success of her book club, her production company, Hello Sunshine, transforms popular books into movies or TV shows. These adaptations are then sold to major streaming platforms.
These platforms fund the productions in exchange for exclusive licensing rights.
In 2021, Witherspoon sold a portion of Hello Sunshine to Blackstone for $900 million, emphasizing the financial success of her book club and media production business.