LeBron's SpringHill Merges with Fulwell 73, Raising $40M

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Source: CNBC
LeBron's SpringHill Merges with Fulwell 73, Raising $40M
Photo: CNBC
TL;DR Summary

LeBron James' entertainment company, SpringHill Co., is merging with British production company Fulwell 73, known for producing 'The Kardashians' and 'Carpool Karaoke.' The merger, led by SpringHill co-founder Maverick Carter and Fulwell 73 co-founder Ben Winston, aims to expand SpringHill's capabilities in unscripted productions and increase its scale for larger media deals. The combined company will be co-led by Carter and Fulwell's Leo Pearlman, with backing from investors like Fenway Sports Group and Nike, and an additional $40 million investment for growth.

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