SpringHill Co., the media and entertainment company controlled by LeBron James and Maverick Carter, is moving closer to clinching an investment led by RedBird Capital Partners.Sources with knowledge of the process indicated it appears to be gaining momentum, but they did not specify the size of the stake or the total amount of the investment.
When word surfaced earlier this year that SpringHill was in play, its valuation was pegged at about $750 million.RedBird Capital has taken part in a string of sports media deals, including the YES network acquisition and Dwayne Johnson and Dany Garcia’s purchase of the XFL.
It is also an investor in Skydance, a prolific film and TV production outfit. Other entities in the mix to be part of the new
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.