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Arts & EntertainmentLeBron James

LeBron James scores a major Hollywood deal

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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July 23, 2015, 10:20 AM ET
Maccabi Tel Aviv v Cleveland Cavaliers
CLEVELAND, OH - OCTOBER 5: LeBron James #23 of the Cleveland Cavaliers looks on during the game against Maccabi Tel Aviv at The Quicken Loans Arena on October 16, 2014 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by David Liam Kyle/NBAE via Getty Images)Photograph by David Liam Kyle/NBAE—Getty Images

Basketball legend LeBron James has a career in film and television pretty much prepared after he hangs up his basketball jersey.

James’ production company, SpringHill Entertainment, is partnering with Time Warner’s (TWX) Warner Bros. Entertainment, The Wall Street Journalreports.

James has already proven his acting chops, such as in the recently released movie “Trainwreck.” But the deal with Warner Bros. Mints him as a budding entertainment industry executive.

“To be able to partner with Warner Bros. Will allow me to do some things I’ve always dreamed of,” James told the newspaper.

James and business partner Maverick Carter started SpringHill Entertainment in 2013 and were looking for a studio partnership before signing with Warner Bros.

“This is not a vanity deal,” Kevin Tsujihara, Warner Bros.’ CEO, told the paper. “Warner Bros. Always needs to be thinking about bringing fresh perspectives and diverse voices into the company.”

The deal will enable Warner Bros. And SpringHill to co-produce and co-own all created content. The specifics of the deal weren’t released, however.

“This is not about making a movie or a couple of TV shows,” Carter told the publication. “We want to build a company.”

News of the deal had news outlets speculating that “Space Jam 2” may be in the works — a sequel to the 1996 classic movie Space Jam from Warner Bros. That starred Michael Jordan.

There have been other NBA stars who’ve cemented their status as business powerhouses. Magic Johnson has a burgeoning business, which Coins2Day wrote about last year.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Coins2Day's managing editor, leading operations for the newsroom.

Prior to rejoining Coins2Day, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Coins2Day in 2014.

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