A multimedia network headed by NBA star LeBron James and business partner Maverick Carter has gained $15.8 million in new financing (File photo). |
LOS
ANGELES – “Uninterrupted,” the multimedia network for exclusive sports
lifestyle content created by international icon LeBron James and
business partner Maverick Carter, has aligned with two Time Warner
companies, global entertainment leader, Warner Bros. Entertainment, and
existing partner Turner Sports, to raise $15.8 million in new financing.
The additional capital will allow the growing athlete point-of-view
platform to develop exclusive content, elevate the brand, expand to
additional platforms, and further engage potential partners.
“The
best thing about ‘Uninterrupted’ is there are so many creative
opportunities for athletes to tell their stories,” said LeBron James.
“I'm excited to be partnering with important, innovative companies like
Warner Brothers and Turner to keep building ‘Uninterrupted’ as a place
for athletes to go to connect with fans and share their stories in a
different way.”
“With
the unique ‘Uninterrupted’ platform, there is a real opportunity to
create a special business that athletes, brands, and media partners can
come together to create and distribute creative content,” said Maverick
Carter, “Uninterrupted” CEO. “Whether it’s through real-time videos,
original digital series, or documentaries, ‘Uninterrupted’ provides that
creative outlet for athletes to share their stories in a way they can’t
anywhere else.”
“LeBron
and Maverick bring incredible energy, focus and creativity to
everything they do and are excellent partners with us in TV, film and
digital,” said Craig Hunegs, President Business and Strategy, Warner
Bros. Television Group. “Joining forces with LeBron, other world-class
athletes and Bleacher Report to aggressively build ‘Uninterrupted’ was
an easy decision that’s great for fans and great for Warner Bros.”
In
addition to having an equity stake in the company, Turner Sports will
now serve as the primary sales arm for the newly expanded
“Uninterrupted” venture. Building on its existing role as the platform’s
original content host, Turner’s Bleacher Report and “Uninterrupted”
will have a preferred content relationship.
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