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Saturday, Oct 1, 2022

LeBron James’ SpringHill Strikes Film Deal With Universal

On the eve of the Los Angeles Lakers’ first NBA Finals appearance in 10 years, LeBron James’ SpringHill Company has scored off the court.

SpringHill, founded by the Lakers superstar and business partner Maverick Carter,
struck a four-year first-look film deal with Universal Pictures.

Universal Filmed Entertainment Group Chairman Donna Langley said SpringHill already has several projects already in development at the studio. SpringHill previously had a deal with Warner Bros., which is producing the upcoming “Space Jam: A New Legacy.”

The Universal agreement is the latest in a series of wins for James’ business empire in recent months.

In June, the company revealed that it had secured funding from investors including Guggenheim Investments and SC.Holdings worth a reported $100 million.

That same month, the company’s SpringHill Entertainment division signed a two-year scripted television deal with Walt Disney Co.’s ABC Studios.

According to Variety, SpringHill and Universal will team for “Catch the Wave,” a film about a young African American woman who falls in love with a Black surfer. The story narrates the history of a once-thriving Black coastal community in Manhattan Beach during the 1920s.


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