This article needs additional citations for verification. (March 2022)
Lantern Entertainment, LLC is an American independent film studio. It was formed by Lantern Capital Partners after it acquired the assets of The Weinstein Company on July 16, 2018, after the latter company's bankruptcy filing (which was a result of co-founder Harvey Weinstein being convicted of sexual harassment, assault, and rape). Lantern is a separate company unaffiliated with the Weinsteins and purchased the entire assets of the former studio in a bankruptcy auction.
|Predecessor||The Weinstein Company|
|Founded||July 16, 2018|
|Andy Mitchell (co-president)|
Milos Brajovic (co-president)
|Owner||Lantern Capital Partners|
Number of employees
Spyglass Media Group (majority stake)
On July 16, 2018, the Dallas-based equity firm Lantern Capital Partners bought the assets of The Weinstein Company (TWC) for $289 million. Lantern Entertainment was formed and assumed the rights to TWC's 277-film library. 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 $5.5 million.
In February 2019, Lantern was reported to be reaching a settlement with The Walt Disney Company, regarding several films that Lantern 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 owned and operated Regal Cinemas) and later WarnerMedia/AT&T's Warner Bros. were brought in as minority holders. 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 (whose last season was delayed until July 2019, three years after the second season finale) and the film Sin City: A Dame to Kill For (which Lantern did not acquire).
- Lantern Television
- The Weinstein Company film library (most of these were sold to Lionsgate through Spyglass Media Group)
- Post-2005 Dimension Films library
- Radius — dormant; folded into Lantern Entertainment
|Owner||The Weinstein Company (2012–2018) |
Lantern Entertainment (2018)
Radius (stylized as RADiUS; formerly Radius-TWC) is a dormant 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. As of 2018[update], Radius had released about 35 films, including Bachelorette, Butter, 20 Feet from Stardom, Only God Forgives, Lovelace, All the Boys Love Mandy Lane, Man of Tai Chi, Fed Up, Snowpiercer, Citizenfour, Horns, The Last Five Years, and It Follows.
|The Upside||January 11, 2019||Co-distribution with STX Entertainment|
|Polaroid||October 11, 2019||International co-distribution with 13 Films; distributed in the US by Vertical Entertainment|
|The Current War||October 25, 2019||International co-distribution with 13 Films; distributed in the US by 101 Studios|
|The Boys in the Boat||TBA||Produced by Metro-Goldwyn-Mayer, Smokehouse Pictures, and Spyglass Media Group; US co-distribution with United Artists Releasing|
- Kilday, Gregg (July 16, 2018). "Weinstein Co. Saga Comes to an End as $289 Million Sale to Lantern Closes". The Hollywood Reporter. Archived from the original on July 18, 2018. Retrieved July 28, 2018.
- Lang, Brent (March 13, 2019). "Gary Barber Teams With Lantern Entertainment to Launch Spyglass Media Group". Variety. Retrieved March 13, 2019.
- Chmielewski, Dawn C. (July 16, 2018). "Lantern Entertainment Closes $289 Million Acquisition of The Weinstein Co.'s Assets". Deadline. Archived from the original on July 24, 2018. Retrieved October 20, 2018.
- Marotta, Jenna (July 16, 2018). "The Weinstein Company Is No More: Buyer Lantern Capital Partners Rebrands as Lantern Entertainment". IndieWire. Archived from the original on July 18, 2018. Retrieved July 17, 2018.
- "Lantern Finally Owns The Weinstein Company's Remains - Now What?". TheWrap. July 23, 2018. Archived from the original on August 19, 2018. Retrieved October 20, 2018.
- Maddaus, Gene (November 13, 2018). "Lantern Entertainment Pays $5.5 Million to Take Three Quentin Tarantino Films". Variety. Retrieved May 21, 2019.
- "Lantern Entertainment and Gary Barber Launch Spyglass Media Group, A New Home for Former Weinstein Co. Assets". March 13, 2019.
- Ramin Setoodeh; Brent Lang (August 5, 2015). "Tom Quinn and Jason Janego Exit Radius-TWC (EXCLUSIVE)". Variety. Archived from the original on January 26, 2018.
- 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.
- Todd Cunningham (March 19, 2015). "'It Follows' Expands as Radius-TWC Bets on Box Office Over VOD". The Wrap. Archived from the original on December 23, 2016.
- 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.
- Brent Lang (October 4, 2015). "'The Overnight' Crosses $1 Million in Digital, On-Demand Revenue (EXCLUSIVE)". Variety. Archived from the original on January 26, 2018.
- Brent Lang (March 29, 2015). "'It Follows' on Track to Be Radius-TWC's Highest-Grossing Release". Variety.
- Vlessing, Etan (October 8, 2018). "Benedict Cumberbatch's 'The Current War' to Get International Release". The Hollywood Reporter. Archived from the original on October 9, 2018. Retrieved October 20, 2018.
- "TWC Project 'Boys in the Boat' Afloat Again in Partnership Between MGM and Lantern Entertainment". October 30, 2018.