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| Company type | Private |
|---|---|
| Industry | |
| Predecessor | The Weinstein Company (2005–2018) |
| Founded | July 16, 2018; 7 years ago (July 16, 2018) |
| Founders |
|
| Headquarters | , United States |
Key people |
|
| Products | Motion pictures Television programs |
| Owner | Lantern Capital Partners |
Number of employees | 50[1] (2018) |
| Divisions |
|
| Website | lanternent |
Lantern Entertainment, LLC is an American independentfilm andtelevision production company founded by Lantern Capital Partners on July 16, 2018.
The studio was formed from the acquired assets ofTWC in a bankruptcy auction. TWC filed for bankruptcy as a result of co-founderHarvey Weinstein beingconvicted of sexual harassment, assault, and rape. Lantern Entertainment is a separate company unaffiliated with the Weinsteins.[3]
On July 16, 2018, the Dallas-based equity firm Lantern Capital Partners bought the assets ofTWC for $289 million. Lantern Entertainment was formed and assumed the rights toTWC's 277-film library.[4][3][5] In November 2018, Lantern acquired full control of threeQuentin Tarantino films (Inglourious Basterds,Django Unchained andThe Hateful Eight), originally released by The Weinstein Company, for $5.5 million.[6]
In February 2019, Lantern was reported to be reaching a settlement withThe Walt Disney Company, regarding several films that Lantern did not acquire (includingScream 4 andThe Matador).[citation needed]
On March 13, 2019, Lantern andGary Barber relaunchedSpyglass Media Group, which will host the former TWC library. Italian film distributorEagle Pictures, cinema chainCineworld (which owned and operatedRegal Cinemas) and laterWarnerMedia/AT&T'sWarner 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 forViacom regarding the TV seriesScream (whose last season was delayed until July 2019, three years after the second season finale) and the filmSin 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 intoSpyglass Media Group andLionsgate.[citation needed]
Motion pictures
Television
| Formerly | Radius-TWC(2012–18) |
|---|---|
| Company type | Label |
| Industry | Film |
| Founded | 2012; 13 years ago (2012) |
| Founder | Tom Quinn Jason Janego |
| Defunct | 2018; 7 years ago (2018) |
| Fate | Dormancy |
| Successors | Studio: NEON Library: Lionsgate (excludingMonsters: Dark Continent, owned byMetro-Goldwyn-Mayer) |
| Products | Motion pictures |
| Owner | The Weinstein Company (2012–2018) Lantern Entertainment (2018) |
Radius (stylized asRADiUS; formerlyRadius-TWC) was a film label by 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.[12][13]
As of 2018[update], Radius had released about 35 films,[14] includingBachelorette,Butter,20 Feet from Stardom,Only God Forgives,[15]Lovelace,All the Boys Love Mandy Lane,Man of Tai Chi,Fed Up,Snowpiercer,[16]Citizenfour,Horns,The Last Five Years, andIt Follows.[17]
In August 2015, both Quinn and Janego left the company,[18] with Quinn later foundingNEON withTim League in 2017. NEON is set to produce a sequel toIt Follows, a film originally distributed by Radius. Filming would begin in 2024.[19]
| Film | Release date | Notes |
|---|---|---|
| The Upside | January 11, 2019 | Co-distribution withSTX Entertainment |
| Polaroid | October 11, 2019 | International co-distribution with 13 Films víaDimension Films;[20] distributed in the US byVertical Entertainment |
| The Current War | October 25, 2019 | International co-distribution with 13 Films;[20] distributed in the US by 101 Studios |
| The Boys in the Boat | December 25, 2023 | Production company only[21][22][23] |
| Show | Network | Years |
|---|---|---|
| Project Runway | Bravo Lifetime | 2018–present |
| Scream | VH1 | 2019 |
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