LeBron James' SpringHill and Fulwell 73 Announce Merger
The merger aims to create a powerhouse in unscripted, live, and branded entertainment content.
- The merger between SpringHill, founded by LeBron James and Maverick Carter, and Fulwell 73, co-founded by Ben Winston, is positioned as a merger of equals.
- Maverick Carter and Leo Pearlman will serve as co-CEOs of the newly formed company, which has yet to be named.
- Existing investors, including Nike and Epic Games, have committed $40 million to support the venture's growth initiatives.
- The merger is expected to enhance both companies' capabilities in sports, live events, and branded content, leveraging their complementary strengths.
- Both companies aim to expand their presence globally, with offices in Los Angeles, New York, London, and Sunderland.