Lantern Entertainment
Lantern Entertainment, LLC is an American independent film and television studio. It was formed by Lantern Capital Partners after it acquired the assets of The Weinstein Company (TWC) 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.[3]
| Type | Subsidiary |
|---|---|
| Industry | Film Television |
| Predecessor | The Weinstein Company Dimension Films (library) |
| Founded | July 16, 2018 |
| Founders | Andy Mitchell Milos Brajovic |
| Headquarters | , United States |
Key people | Andy Mitchell (co-president) Milos Brajovic (co-president) |
| Products | Motion pictures |
| Owner | Lantern Capital Partners |
Number of employees | 50[1] (2018) |
| Divisions | Lantern Television Spyglass Media Group[2] (majority stake) |
| Website | lanternent |
History edit
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.[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 $5.5 million.[6]
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).[citation needed]
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.[7] Lantern made a majority investment including its film library to Spyglass.
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).[citation needed] In March 2020, a federal judge ruled that Spyglass was not responsible for any of TWC's outgoing royalties, and it discontinued making movies and TV shows from now on and it was transferred into Spyglass Media Group and Lionsgate.[citation needed]
Assets edit
Current edit
Motion pictures
- Spyglass Media Group (with Lionsgate, Warner Bros. Pictures, Cineworld Group and Eagle Pictures)
Television
- Lantern Television
Content libraries edit
- The Weinstein Company film library (also includes the post 2005 Dimension Films library; most of these were sold to Lionsgate through Spyglass Media Group)
Former edit
- Radius – dormant; folded into Lantern Entertainment
- Dimension Films – defunct; now as an in-name-only unit subsidiary
Radius edit
| Formerly | Radius-TWC (2012–18) |
|---|---|
| Type | Label |
| Industry | Film |
| Founded | 2012 |
| Founder | Tom Quinn Jason Janego |
| Defunct | 2018 |
| Fate | Dormant |
| Products | Motion Pictures |
| 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 by Tom Quinn and Jason Janego, 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]
In August 2015, both Quinn and Janego left the company,[14] with Quinn later founding NEON with Tim League in 2017. NEON is set to produce a sequel to It Follows, a film originally distributed by Radius. Filming would begin in 2024.[15]
Filmography edit
Film edit
| Film | Release date | Notes |
|---|---|---|
| The Upside | January 11, 2019 | Co-distribution with STX Entertainment |
| Polaroid | October 11, 2019 | International co-distribution with 13 Films;[16] distributed in the US by Vertical Entertainment |
| The Current War | October 25, 2019 | International co-distribution with 13 Films;[16] distributed in the US by 101 Studios |
| The Boys in the Boat | December 25, 2023 | Production company only[17][18][19] |
Television edit
| Show | Network | Years |
|---|---|---|
| Project Runway | Bravo Lifetime | 2018–present |
| Scream | VH1 | 2019 |
References edit
- ^ Kilday, Gregg (July 16, 2018). "Weinstein Co. Saga Comes to an End as $289 Million Sale to Lantern Closes". The Hollywood Reporter. 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.
- ^ a b Chmielewski, Dawn C. (July 16, 2018). "Lantern Entertainment Closes $289 Million Acquisition of The Weinstein Co.'s Assets". Deadline. 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. 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. 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. 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. 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. 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. 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. 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.
- ^ Lang, Ramin Setoodeh,Brent; Setoodeh, Ramin; Lang, Brent (August 5, 2015). "Tom Quinn and Jason Janego Exit Radius-TWC (EXCLUSIVE)". Variety. Retrieved November 22, 2023.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ D'Alessandro, Anthony (October 30, 2023). "'It Follows' Sequel 'They Follow' With Maika Monroe Launches At AFM Via Neon". Deadline. Retrieved October 30, 2023.
- ^ a b Vlessing, Etan (October 8, 2018). "Benedict Cumberbatch's 'The Current War' to Get International Release". The Hollywood Reporter. from the original on October 9, 2018. Retrieved October 20, 2018.
- ^ "George Clooney directs the inspirational film The Boys in the Boat". 97.3 Coast FM. Retrieved November 22, 2023.
- ^ Mills, Heidi (October 24, 2023). "The Book that Saved a Building". Seattle magazine. Retrieved November 22, 2023.
- ^ Reynolds, Maca (October 4, 2023). "The Boys in the Boat Trailer Reveals George Clooney's Inspirational New Movie". MovieWeb. Retrieved November 22, 2023.
External links edit
- lanternent
.com