LeBron James’ SpringHill Supersizes With Backing From Sister & Major Investors; Liz Murdoch Joins Board
Jake Kanter International TV EditorLeBron James and Maverick Carter are combining their three media companies to create The SpringHill Company, with backing from major investors including Chernobyl producer Sister and a powerful new board.Sister will invest in The SpringHill Company alongside financial services companies Guggenheim Investments and UC Investments, as well as investor Jason Stein’s SC.Holdings. Bloomberg reported that the backing was worth $100M.The company’s new board will include Elisabeth Murdoch, Serena Williams, Apollo Global Management co-founder Marc Rowan, investment banker Paul Wachter, Live Nation CEO Michael Rapino, and Tom Werner, the Boston Red Sox chairman.