Jeff Chiu / Associated Press
LeBron James production company reached a new milestone with $ 100 million in investments from various companies.
According to Bloomberg’s Jason Kelly, SpringHill Entertainment has received investments from Guggenheim Partners LLC, UC Investments, Sister and SC.Holdings to reach the $ 100 million threshold.
The Los Angeles Lakers star tweeted that he is “incredibly proud” of SpringHill Entertainment for the work he has done to build the brand:
Lebron James @ @King james
Incredibly proud of today’s announcement! We started building this company almost 5 years ago and although I love all the projects and the stories we tell … I am very proud of our team. More than 100 employees, 64% people of color and 40% women in an industry that averages 25%. https://t.co/UqPTJ341Xz
Lebron James @ @King james
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 be more and more necessary. Let’s continue with greatness. 🚀👑 https://t.co/O3jQR47bjf
James and Maverick Carter, his longtime business partner, founded the production company, which has been prolific in spearheading film and television projects in recent years.
Notable titles under his banner include documentary films. More than a game (2008) The Carter effect (2017) and Shut up and haggle (2018); as well as television competition programs Wall and Million Dollar Mile.
Among his recent credits were Graduating Together: United States Honors 2020 High School Class Special for graduates who did not receive a formal ceremony due to the coronavirus pandemic and the upcoming movie Space Jam 2, with James in a leading role.
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