The production company started by LeBron James and Maverick Carter, SpringHill Entertainment, confirmed to Deadline Hollywood on Thursday that they had secured a massive new investment and also added additional expertise on the SpringHill board of directors as they look to expand their reach.
According to the Deadline report, the investments into SpringHill from production powerhouse Sister, which created HBO’s Chernobyl, as well as several other investment groups, total upwards of $100 million. Sister’s executive chairman, Liz Murdoch, a member of the Murdoch media empire, has joined the SpringHill board of directors, as has Tennis superstar Serena Williams. Apollo Global Management Co-Founder Marc Rowan and Live Nation CEO Michael Rapino are also part of the board.
Alongside those new additions, longtime business partners Paul Wachter and Tom Werner also remain a part of the SpringHill board. With the addition of Murdoch and the global reach of their massive media empire, it likely won’t be long before folks in other countries start seeing SpringHill Entertainment on their screens.
Just like Klutch Sports, SpringHill Entertainment has its sights set on more than just being a long-term force in their business.
[lawrence-related id=31880,31874]