LeBron James‘ media company SpringHill lost nearly $30million last year and is on pace to lose even more in 2024, according to a new report.
James co-founded the business in 2020 with longtime friend and manager Maverick Carter, and SpringHill has gone on to produce ‘The Shop’ for HBO and a ‘Space Jam’ remake, among other projects.
Notably, SpringHill – which is set to merge with British film, TV and music company Fulwell 73 – is said to be planning a round of layoffs to its 250 employees.
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