Latest in Lantern Entertainment

UPDATED, 5:25 PM: The byzantine bankruptcy of The Weinstein Company and its acquired assets had a least one element settled Friday with an appeals court ruling that looks to leave some of Hollywood's biggest stars a little light, to say the least. Affirming lower court rulings, a three-judge panel on the 3rd Circuit…

Spyglass Media Group, launched this month by former MGM boss Gary Barber and Lantern Entertainment, has laid off 15 workers due to the shutdown of the company's New York office. A company insider confirmed reports of the reductions Wednesday, saying it was a shift designed to maximize the efficiency of workers at the…

Spyglass Media Group, the independent production and distribution outfit launched this week by Gary Barber and Lantern Entertainment, has tapped Barber’s former MGM colleague, Cheryl Rodman, as its Chief Legal Officer. She will oversee legal matters and business & legal affairs for the company, including corporate…

Former MGM CEO and Spyglass principal Gary Barber and Lantern Entertainment have joined forces to form Spyglass Media Group, an independent outfit, which will blend new film and TV projects with the Weinstein Co. assets. Strategic investors include Eagle Pictures, the largest independent distributor in Italy, and the…

STXfilms’ release of Lantern Entertainment’s The Upside will cross the $100 million milestone Tuesday at the domestic box office, becoming the Burbank-based studio’s second release to do so in its nearly five years of operations. Bad Moms grossed $113.2M in 2016. The Upside is Kevin Hart’s sixth starring feature to…

As Lantern Entertainment looks to fully exploit the assets it acquired as part of its $289 million acquisition of The Weinstein Company assets, it is close to reaching a significant settlement with Disney, a stakeholder in some of the company’s film and titles. A person familiar with the discussions between Lantern…

EXCLUSIVE: Creative directors Lucas Christman and Jarik van Sluijs and producer Alexandra Hancock have launched Antenna Creative, a motion design studio that will work with clients in feature films, TV, commercials, branded content, video games and experiential attractions. The new venture is already on the board…

In the first development deal Lantern Entertainment has made since acquiring the assets of The Weinstein Company in bankruptcy, Lantern has partnered with MGM to develop the underdog sports movie The Boys in the Boat. Deal was announced by MGM Motion Picture Group president Jonathan Glickman and Lantern co-presidents A…

Viacom is objecting to a proposed settlement between The Weinstein Co., its buyer, Lantern Entertainment, and Netflix, arguing the agreement would leave it essentially holding the bag on money it advanced to complete production of the television series Scream. As the Weinstein Co.’s business deteriorated last fall…

EXCLUSIVE: Ron Burkle’s Yucaipa Companies has filed suit against Lantern Capital today accusing the private equity firm of fraud, breach of contract and other charges in connection with the purchase of The Weinstein Company assets. Looking for a wide range of damages, Yucaipa is claiming it shared confidential…

Lantern Entertainment today completed its acquisition of The Weinstein Co.’s assets, representing a fresh start for an entertainment company formed from the rubble of Harvey Weinstein’s sexual misconduct scandal. A library of 270 films, unreleased movies and a slate of scripted and unscripted television shows…

The Weinstein Co.’s board of directors announced that all but one of its members will step aside with the completion of the sale this week to Lantern Entertainment. The directors issued a statement this morning saying that after navigating the company through “the most difficult corporate circumstances” they will…