Lantern Entertainment, LLC is an American independent film studio and the successor to The Weinstein Company after its bankruptcy filing (which was a result of co-founder Harvey Weinstein being accused of sexual harassment, assault, and rape). It is a separate company and purchased the entire assets of the former studio in a bankruptcy auction.[3]
History[]
On July 16, 2018, the Dallas-based equity firm Lantern Capital Partners bought the assets of The Weinstein Company for $289 million. Lantern Entertainment was formed and assumed the rights to TWC's 277-film library.[4][3][5] In November 2018, Lantern acquired full control of three Quentin Tarantino films (Inglourious Basterds, Django Unchained and The Hateful Eight), originally released by The Weinstein Company, for $6.1 million.[6]
In February 2019, Lantern was reported to be reaching a settlement with The Walt Disney Company, regarding several films that Lantern that did not acquire (including Scream 4 and The Matador).
On March 13, 2019, Lantern and Gary Barber relaunched Spyglass Media Group, which will host the former TWC library. Italian film distributor Eagle Pictures, cinema chain Cineworld (which own Regal Cinemas) and later AT&T's Warner Bros. were brought in as minority holders.[7] Lantern made a majority investment including its film library to Spyglass. In March 2020, a federal judge ruled that Spyglass was not responsible for any of TWC's outgoing royalties.
In July 2019, Spyglass settled two major claims, including $11 million for Viacom regarding the TV series Scream and the film Sin City 2 (which Lantern did not acquire).
Assets[]
Motion Pictures
Television
- Lantern Television
RADiUS[]
RADiUS-TWC (or simply Radius) is a film label to Lantern Entertainment, formerly to TWC's division, for distribution of multi-platform video-on-demand and theatrical productions. It was launched in 2012, and specialized in niche and independent films rather than those aimed at mainstream audiences.[8][9] As of 2018[update], Radius had released about 35 films,[10] including Bachelorette, Butter, 20 Feet from Stardom, Only God Forgives,[11] Lovelace, All the Boys Love Mandy Lane, Man of Tai Chi, Fed Up, Snowpiercer,[12] Citizenfour, Horns, The Last Five Years, and It Follows.[13]
Filmography[]
Film[]
Film | Release date | Notes |
---|---|---|
The Upside | January 11, 2019 | Co-distribution with STX Entertainment |
Polaroid | September 17, 2019 | International co-distribution with 13 Films;[14] distributed in the US by Vertical Entertainment |
The Current War | October 25, 2019 | International co-distribution with Lantern Entertainment;[14] distributed in the US by 101 Studios |
The Boys in the Boat | TBD | produced by Metro-Goldwyn-Mayer and Tempesta Films US co-distribution with United Artists Releasing distributed internationally by Universal Pictures[15] |
Television[]
Show | Network | Years |
---|---|---|
Project Runway | Bravo Lifetime |
2018–present |
Scream[16] | VH1 | 2019 |
The Reaper[citation needed] | NBC | TBA |
References[]
- ↑ 1.0 1.1 "Weinstein Co. Saga Comes to an End as $289 Million Sale to Lantern Closes", The Hollywood Reporter, July 16, 2018. Retrieved on July 28, 2018. (in en)
- ↑ "Gary Barber Teams With Lantern Entertainment to Launch Spyglass Media Group", Variety, March 13, 2019. Retrieved on March 13, 2019. (in en)
- ↑ 3.0 3.1 Chmielewski, Dawn C.. "Lantern Entertainment Closes $289 Million Acquisition of The Weinstein Co.’s Assets", Deadline, 2018-07-16. (in en-US)
- ↑ Marotta, Jenna. "The Weinstein Company Is No More: Buyer Lantern Capital Partners Rebrands as Lantern Entertainment", IndieWire, 2018-07-16. (in en-US)
- ↑ "Lantern Finally Owns The Weinstein Company's Remains - Now What?", TheWrap, 2018-07-23. (in en-US)
- ↑ Maddaus, Gene (November 13, 2018). "Lantern Entertainment Pays $5.5 Million to Take Three Quentin Tarantino Films". Variety. https://variety.com/2018/biz/news/lantern-entertainment-pays-5-5-million-to-take-three-quentin-tarantino-films-1203027335/.
- ↑ https://deadline.com/2019/03/lantern-entertainment-and-gary-barber-launch-spyglass-media-group-a-new-home-for-former-weinstein-co-assets-1202574918
- ↑ "Tom Quinn and Jason Janego Exit Radius-TWC (EXCLUSIVE)" Script error: No such module "webarchive".. Variety, by Ramin Setoodeh and Brent Lang, August 5, 2015
- ↑ Anne Zeiser (June 19, 2015). Transmedia Marketing: From Film and TV to Games and Digital Media. CRC Press. pp. 333–. ISBN 978-1-134-74622-4. Archived from the original on February 25, 2017. Retrieved November 1, 2016.
- ↑ Template:"'It Follows' Expands as Radius-TWC Bets on Box Office Over VOD" Script error: No such module "webarchive".. The Wrap | By Todd Cunningham on March 19, 2015
- ↑ Jared Latore; Clint Worthington (January 2014). Alcohollywood - Our Year in Movies. Lulu.com. pp. 87–. ISBN 978-1-304-73128-9. Archived from the original on February 25, 2017. Retrieved November 1, 2016.
- ↑ Template:"'The Overnight' Crosses $1 Million in Digital, On-Demand Revenue (EXCLUSIVE)" Script error: No such module "webarchive".. Variety, October 4, 2015 Brent Lang
- ↑ Template:"'It Follows' on Track to Be Radius-TWC’s Highest-Grossing Release". Variety, March 29, 2015, Brent Lang.
- ↑ 14.0 14.1 Vlessing, Etan. "Benedict Cumberbatch's 'The Current War' to Get International Release", The Hollywood Reporter, October 8, 2018. Retrieved on October 20, 2018.
- ↑ "TWC Project 'Boys in the Boat' Afloat Again in Partnership Between MGM and Lantern Entertainment". 2018-10-30. https://deadline.com/2018/10/the-boys-in-the-boat-weinstein-partnership-mgm-lantern-entertainment-1202492351/.
- ↑ Otterson, Joe (June 24, 2019). "‘Scream’ Series Moves From MTV to VH1 for July Debut". Variety. https://variety.com/2019/tv/news/scream-season-3-vh1-1203252134/.