Springhill company1/11/2024 ![]() Blige) to YouTube from HBO to reach a bigger audience. It also moved "The Shop," its unscripted series featuring candid talk in barber shops (guests have included former President Barack Obama, Odell Beckham Jr., and Mary J. In 2022, SpringHill partnered with Naomi Osaka's company to provide production and development resources. Carter told Insider in 2021 that the investment gave the 140-person SpringHill capital to build out its production capabilities, pursue M&A opportunities and invest in creators - all with a mission to amplify a variety of voices and storytellers. It raised an investment from RedBird Capital Partners and others in 2021 that valued it at $725 million. ![]() is a rollup including SpringHill Entertainment, which Carter founded with LeBron James, his childhood friend. But planned funding at BuzzFeed to expand Complex's brands in 2022 never materialized, while December layoffs cut Complex video staff, a team company insiders said was crucial to maintaining the quality and consistency of their video series. Complex built long-form, host-driven video series like "Hot Ones" and "Sneaker Shopping" into high-profile brands in their own right. Since the acquisition of Complex, BuzzFeed went public in December 2021 via a special-purpose acquisition company, and the entire company's market cap has fallen below $100 million as its stock price has plunged, it's had a series of layoffs, and shuttered BuzzFeed News.Ī deal for Complex could help SpringHill toward its goal of acquiring and developing IP. In addition to Complex Networks, BuzzFeed has HuffPost food vertical Tasty, which includes licensed cooking products as well as video series like travel-themed "Bring Me." Two separate sources close to BuzzFeed told Insider that several other parties are exploring acquiring its properties. It's also possible another buyer could emerge. SpringHill and the studio will also tackle “New Kid,” an adaptation of the first graphic novel to win the Newbery Medal by author Jerry Craft.Account icon An icon in the shape of a person's head and shoulders. Flowers with revisions by Tony Rettenmaier and Juel Taylor (who is an alumnus of the Universal Writers Program, which identifies screenwriters with unique points of view). Terence and Rachel Winter are producing from a script by Frank E. The story recounts the all-star’s youth in sports, to be directed for the screen by Chris Robinson. This joins the previously announced adaptation of the book “Shooting Stars,” by James and Buzz Bissinger. Kinney’s “Catch the Wave” tells the story of a young African American woman whose spark with a Black surfer opens up her world to romance and the untold history of Manhattan Beach’s “Bruce’s Beach”, a once-thriving Black coastal community in the 1920’s which was driven out by the KKK and eminent domain by the city. Variety can also exclusively report that SpringHill and Universal will team for “Catch the Wave.” The film is based on an original pitch from writer Ali Kinney, which will be shepherded by SpringHill’s chief content officer Jamal Henderson and film head Spencer Beighley. SpringHill joins an impressive roster of diverse and starry first-looks recruited by Langley, including arrangements with Jordan Peele, Kevin Hart, Will Packer, Janelle Monae, producer Justin Lin, Malcolm D. With Universal, we’re aligned in making sure socially conscious and purposeful elements are felt in all of our stories, whether it’s a drama, comedy, family or even a horror film.” He also praised Universal’s culture as one that “makes telling diverse stories a mandate and not an option.” ![]() Carter said the mission of the company is to “empower greatness in every individual.
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