LeBron James

SpringHill Entertainment, the production company founded by LeBron James and lifelong friend Maverick Carter, has received $100 million in investments from various companies. 

Bloomberg Businessweek was the first to report the milestone. SpringHill Entertainment received investments from Guggenheim Partners LLC, UC Investments, Sister and SC.Holdings to reach the $100 million mark. 

“Incredibly proud of today’s announcement! We started building this company almost 5 years ago and while I love every project and story we tell…I am most proud of our team,” James said via Twitter. “100+ employees, 64% people of color and 40% female in an industry that avg 25%. Our leadership team is a reflection of our entire organization. I want to thank everyone at The Springhill Company for believing in our vision! We closed this deal in March and I knew our work was going to keep getting more and more necessary. Let’s continue greatness.

You must be logged in to react.
Click any reaction to login.
0
0
0
0
0

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.