The Information.The company, founded by James and partner Maverick Carter in 2007 as SpringHill Entertainment, is currently courting interest for either a partial investment or an outright sale.
The company is looking at a valuation of up to $750 million, the report said.Reps for SpringHill did not immediately return TheWrap’s request for comment.Nike is said to be among the potential suitors considering an offer.
Read more on thewrap.com
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