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Silver Lining For ‘Silver Linings Playbook’ Producer & Stars Out Of Weinstein Bankruptcy Looks Dim After Latest Court Loss – Update
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…
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1 Comments Comment on Silver Lining For ‘Silver Linings Playbook’ Producer & Stars Out Of Weinstein Bankruptcy Looks Dim After Latest Court Loss – Update
Spyglass Lays Off 15, Shutters New York Office In Break From TWC Past
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…
MGM Vet Cheryl Rodman Joins Spyglass Media Group As Chief Legal Officer
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…
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By Dade Hayes
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Lantern Entertainment And Gary Barber Launch Spyglass Media Group, A New Home For Former Weinstein Co. Assets
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…
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By Dade Hayes
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The Upside For STX: ‘Upside’ Becomes Second Release After ‘Bad Moms’ To Cross $100M
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…
Disney And Lantern Near Settlement For Weinstein Co. Film And TV Projects
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…
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By Dade Hayes
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Motion Design Studio Antenna Creative Launches With ‘Miss Bala’ And Lantern Gigs
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…
- Exclusive
- Business
TWC Project ‘Boys In The Boat’ Afloat Again In Partnership Between MGM And Lantern Entertainment
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…
- Breaking
- Film
Viacom Objects To Weinstein Co.’s Settlement With Netflix
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…
Ron Burkle’s Yucaipa Sues Lantern For Fraud Over Weinstein Co. Sale Deal
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…
- Exclusive
- Business
Lantern Entertainment Closes $289 Million Acquisition of The Weinstein Co.’s Assets
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. Board To Step Aside With Sale To Lantern Entertainment
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…
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