Capitalizing on a red-hot deal market, LeBron James’s SpringHill Company has sold what it calls a “significant” minority stake to RedBird Capital Partners, Fenway Sports Group, Nike and Epic Games.
The deal values SpringHill at $725 million. Negotiations with a group of investors had been reported over the summer and again in September. Even though his LA Lakers bowed out in the first round of the NBA playoffs last spring, James had a successful outing in July as star and producer of Warner Bros’ Space Jam: A New Legacy.
The new investment will enable SpringHill to expand its existing businesses and explore new categories and global markets. The company said it will consider M&a opportunities and connect with the creator community. It plans to build games and other digital experiences, and work with Epic (the privately held game company known...
The deal values SpringHill at $725 million. Negotiations with a group of investors had been reported over the summer and again in September. Even though his LA Lakers bowed out in the first round of the NBA playoffs last spring, James had a successful outing in July as star and producer of Warner Bros’ Space Jam: A New Legacy.
The new investment will enable SpringHill to expand its existing businesses and explore new categories and global markets. The company said it will consider M&a opportunities and connect with the creator community. It plans to build games and other digital experiences, and work with Epic (the privately held game company known...
- 10/14/2021
- by Dade Hayes
- Deadline Film + TV
Similar News
Elsbeth New Trailer Shows Off Guest Stars, Hypes Fans Up For Season 1 End
- 4/25/2024
- by benjamin-patel@startefacts.com (Benjamin Patel)
- STartefacts.com
Haikyuu is Finally on Netflix; Here's the Correct Order to Watch It
- 4/25/2024
- by louise.everitt@startefacts.com (Louise Everitt)
- STartefacts.com
Simone Ashley to be Honored at Monte-Carlo Television Festival
- 4/25/2024
- by Abid Rahman
- The Hollywood Reporter - Movie News
“We need this reunion one last time”: Fans Have One Sincere Request to Triple H After a Big Missed Opportunity With Roman Reigns’ Last WWE Match
- 4/25/2024
- by Sreshtha Roychowdhury
- FandomWire
“I wish I could give him a truck or a little cash”: Even After Building a $800 Million Empire, Dwayne Johnson Has One Wish That Will Never Come True
- 4/25/2024
- by Rahul Thokchom
- FandomWire
Gwyneth Paltrow Says Prospect of Being an Empty Nester Is “Kind of Giving Me a Nervous Breakdown”
- 4/24/2024
- by Ingrid Schmidt
- The Hollywood Reporter - Movie News
How to Watch the Lakers vs. Nuggets NBA Playoff Series Online
- 4/23/2024
- by John Lonsdale
- Rollingstone.com
“Poor Jokić! Can therapy help him?”: Despicable Me 4 Pulls Out the Greatest Marketing Move Yet With a Promo That Makes Nikola Jokić Look Like Gru
- 4/21/2024
- by Hashim Asraff
- FandomWire
Rita Moreno Says She Was “Astonished” by Lenny Kravitz’s Reaction to Meeting Her
- 4/18/2024
- by Carly Thomas
- The Hollywood Reporter - Movie News
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Jennifer Aniston to Produce ‘9 to 5’ Reimagining for 20th Century Studios
- 4/25/2024
- by Michaela Zee
- Variety Film + TV
New Harry Potter Audiobook Series in the Works With 100-Plus Actors
- 4/25/2024
- by Caitlin Huston
- The Hollywood Reporter - Movie News
’28 Years Later’ Adds Aaron Taylor-Johnson, Jodie Comer and Ralph Fiennes
- 4/24/2024
- by Katcy Stephan
- Variety Film + TV
American Black Film Festival 2024 Lineup Includes Vivica A. Fox and Jussie Smollett-Starring Drama (Exclusive)
- 4/24/2024
- by Angelique Jackson
- Variety - Film News
‘Wednesday’ Season 2 Casts Thandiwe Newton (Exclusive)
- 4/23/2024
- by Joe Otterson
- Variety - TV News
Australian Police Arrest ‘Home and Away’ Actor Orpheus Pledger After Manhunt
- 4/25/2024
- by Patrick Frater
- Variety - TV News
’28 Years Later’ Adds Aaron Taylor-Johnson, Jodie Comer and Ralph Fiennes
- 4/24/2024
- by Katcy Stephan
- Variety Film + TV
Julio Torres's "Problemista" Shows the US Immigration System Is a Relentless Maze
- 4/24/2024
- by Johanna Ferreira
- Popsugar.com
Chuwi Is the Voice of a New Puerto Rican Generation
- 4/23/2024
- by Juan Arroyo
- Popsugar.com
Camila Mendes on Why We Need More Latine Representation in Rom-Coms
- 4/22/2024
- by Brenda Barrientos
- Popsugar.com
Bella Ramsey, Louis Partridge, Ruby Stokes to Star in Coming-of-Age Comedy ‘Sunny Dancer’ From Rising Brit Director George Jaques (Exclusive)
- 4/25/2024
- by Alex Ritman
- Variety - Film News
Chris Jericho’s Wrestling Action Horror Film ‘Dark Match’ Sales to Be Launched at Cannes Market by Blue Finch (Exclusive)
- 4/25/2024
- by Naman Ramachandran
- Variety - Film News
Michael Cera Christmas Movie Boarded by Magnify Ahead of Cannes’ Directors Fortnight Premiere (Exclusive)
- 4/25/2024
- by Elsa Keslassy
- Variety - Film News
‘Expats’ Star Ruby Ruiz to Lead James J. Robinson’s Directorial Debut ‘First Light’ (Exclusive)
- 4/25/2024
- by Alex Ritman
- Variety - Film News
‘Goodbye Julia,’ ‘Four Daughters’ Lead Critics Awards for Arab Films Nominations Ahead of Cannes Ceremony
- 4/25/2024
- by Nick Vivarelli
- Variety - Film News
Bella Ramsey, Louis Partridge, Ruby Stokes to Star in Coming-of-Age Comedy ‘Sunny Dancer’ From Rising Brit Director George Jaques (Exclusive)
- 4/25/2024
- by Alex Ritman
- Variety - Film News
Fred Schepisi Sets Israeli Thriller ‘The Dimona Affair’ as Next Directorial Project (Exclusive)
- 4/25/2024
- by K.J. Yossman
- Variety - Film News
’28 Years Later’ Adds Aaron Taylor-Johnson, Jodie Comer and Ralph Fiennes
- 4/24/2024
- by Katcy Stephan
- Variety Film + TV
American Black Film Festival 2024 Lineup Includes Vivica A. Fox and Jussie Smollett-Starring Drama (Exclusive)
- 4/24/2024
- by Angelique Jackson
- Variety - Film News
Jennifer Aniston to Produce ‘9 to 5’ Reimagining for 20th Century Studios
- 4/25/2024
- by Michaela Zee
- Variety Film + TV
‘Beef,’ ‘A Small Light,’ ‘Heartstopper’ Among 2024 Television Academy Honors Recipients
- 4/25/2024
- by Michael Schneider
- Variety - TV News
‘Wednesday’ Season 2 Casts Thandiwe Newton (Exclusive)
- 4/23/2024
- by Joe Otterson
- Variety - TV News
Terry Carter, ‘Battlestar Galactica’ and ‘McCloud’ Actor, Dies at 95
- 4/23/2024
- by Lexi Carson
- Variety - Film News
‘Doctor Who’ Regenerates: How Ncuti Gatwa’s Historic Casting, Russell T Davies’ Return and a Disney+ Deal Revolutionized the Franchise
- 4/25/2024
- by Ellise Shafer
- Variety - TV News
Atx TV Festival Sets Norman Lear Celebration for Closing Night, Adds ‘Orphan Black: Echoes’ and More to Lineup (Exclusive)
- 4/25/2024
- by Emily Longeretta
- Variety - TV News