SpringHill Co., the media firm formed by LeBron James and Maverick Carter, is in early discussions with a range of potential investors to sell a piece of the company that would value it at upwards …
and Maverick Carter, is in early discussions with a range of potential investors to sell a piece of the company that would value it at upwards of $750 million,The inbound interest from outside parties in SpringHill has ranged across industries. Parties that have engaged with SpringHill on a potential deal have included Nike, as well as streaming-video providers and tech companies, according to a source familiar with the talks..
However, SpringHill is not looking to sell itself outright. Rather, the company is exploring selling minority or majority equity stakes, sources tellThe 120-employee SpringHill’s projects include “Space Jam: A New Legacy,” starring James alongside a crew of Looney Tunes favorites, which Warner Bros. is releasing July 16 on HBO Max and in theaters. The company also is currently in production on “House Party” for New Line, as well as the Adam Sandler-led “Hustle” for Netflix.
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