As the bankruptcy court approved its purchase of the company’s assets, CEO Andy Mitchell and Partner Milos Brajovic took a moment to observe the milestone in their months-long bid to acquire The Weinstein Co.’s film and television assets.
Dallas-based Lantern appears intent on opening a fresh chapter for the embattled studio, which has been mired in crisis since last fall, following allegations of sexual misconduct by co-founder Harvey Weinstein.
Here’s the email:
Today we reached another significant milestone.
As we continue to move forward with this process, we appreciate your continued support and patience. Looking ahead, our new company will represent an unwavering commitment to a culture of diverse professionals with the absolute highest level of ethics and standards. As we’ve maintained, our investment is in people. The best people will position us as the most progressive and forward-thinking presence in the industry.
Lantern shares a deep appreciation for entertainment and all creative arts. It is our responsibility to protect the years of hard work and dedication contained within the Weinstein Company’s film and television libraries.
We have a lot of work ahead of us to close this transaction while simultaneously rebuilding the organization. In the coming weeks, we look forward to working with you as we commence our new operations and put the new company on a path to long-term success and sustainability.
Andy, Milos and Team Lantern