Reese Witherspoon New Production Company Announcement in Rio

Reese Witherspoon wore a bright Louis Vuitton dress and Jimmy Choo sandals yesterday at an event for her movie This Means War in Rio. She arrived in Brazil earlier in the day and spent time at her hotel before getting gussied up to pose for pictures and meet with fans. Reese is embarking on a short South American tour for her picture, which didn't do very well at the domestic box office. Reese, though, has plans for bigger and better things in the future. Reese Witherspoon's starting a new production company called Pacific Standard with producer Bruna Papandrea that will develop more films in which she'll possibly star. It means Reese's former company, Type A Films, will merge their in-development projects with Bruna's.