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Lantern Entertainment

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American independent film studio

Lantern Entertainment, LLC
Company typePrivate
Industry
PredecessorThe Weinstein Company (2005–2018)
FoundedJuly 16, 2018; 7 years ago (July 16, 2018)
Founders
  • Andy Mitchell
  • Milos Brajovic
Headquarters,
United States
Key people
  • Andy Mitchell (co-president)
  • Milos Brajovic (co-president)
ProductsMotion pictures
Television programs
OwnerLantern Capital Partners
Number of employees
50[1] (2018)
Divisions
[2]
Websitelanternent.comEdit this at Wikidata

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]

History

[edit]

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]

Assets

[edit]

Current

[edit]

Motion pictures

Television

  • Lantern Television

Content libraries

[edit]

Former

[edit]
  • Radius – dormant; folded into Lantern Entertainment
  • Dimension Films – defunct; now as an in-name-only unit subsidiary[11]

Radius

[edit]
Radius
FormerlyRadius-TWC(2012–18)
Company typeLabel
IndustryFilm
Founded2012; 13 years ago (2012)
FounderTom Quinn
Jason Janego
Defunct2018; 7 years ago (2018)
FateDormancy
SuccessorsStudio:
NEON
Library:
Lionsgate (excludingMonsters: Dark Continent, owned byMetro-Goldwyn-Mayer)
ProductsMotion pictures
OwnerThe 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]

Filmography

[edit]

Feature films

[edit]
FilmRelease dateNotes
The UpsideJanuary 11, 2019Co-distribution withSTX Entertainment
PolaroidOctober 11, 2019International co-distribution with 13 Films víaDimension Films;[20] distributed in the US byVertical Entertainment
The Current WarOctober 25, 2019International co-distribution with 13 Films;[20] distributed in the US by 101 Studios
The Boys in the BoatDecember 25, 2023Production company only[21][22][23]

Television series

[edit]
ShowNetworkYears
Project RunwayBravo
Lifetime
2018–present
ScreamVH12019

References

[edit]
  1. ^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. RetrievedJuly 28, 2018.
  2. ^Lang, Brent (March 13, 2019)."Gary Barber Teams With Lantern Entertainment to Launch Spyglass Media Group".Variety. RetrievedMarch 13, 2019.
  3. ^abChmielewski, 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. RetrievedOctober 20, 2018.
  4. ^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. RetrievedJuly 17, 2018.
  5. ^"Lantern Finally Owns The Weinstein Company's Remains - Now What?".TheWrap. July 23, 2018.Archived from the original on August 19, 2018. RetrievedOctober 20, 2018.
  6. ^Maddaus, Gene (November 13, 2018)."Lantern Entertainment Pays $5.5 Million to Take Three Quentin Tarantino Films".Variety. RetrievedMay 21, 2019.
  7. ^"Lantern Entertainment and Gary Barber Launch Spyglass Media Group, A New Home for Former Weinstein Co. Assets". March 13, 2019. Archived fromthe original on April 3, 2019.
  8. ^Group, Spyglass Media."SPYGLASS MEDIA GROUP LAUNCHES IN PARTNERSHIP WITH LANTERN ENTERTAINMENT AND GARY BARBER Eagle Pictures and Cineworld Group Invest As Strategic Partners".PRWeb. RetrievedJune 18, 2024.{{cite web}}:|last= has generic name (help)
  9. ^Williams, Trey (March 13, 2019)."Lantern Entertainment Partners With Gary Barber to Launch Spyglass Media Group".TheWrap. RetrievedJune 18, 2024.
  10. ^Chmielewski, Dawn C. (July 16, 2018)."Lantern Entertainment Closes $289 Million Acquisition of The Weinstein Co.'s Assets".Deadline. RetrievedJune 18, 2024.
  11. ^Kilday, Gregg (July 16, 2018)."Weinstein Co. Saga Comes to an End as $289 Million Sale to Lantern Closes".The Hollywood Reporter. RetrievedJune 18, 2024.
  12. ^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.
  13. ^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. RetrievedNovember 1, 2016.
  14. ^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.
  15. ^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. RetrievedNovember 1, 2016.
  16. ^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.
  17. ^Brent Lang (March 29, 2015)."'It Follows' on Track to Be Radius-TWC's Highest-Grossing Release".Variety.
  18. ^Lang, Ramin Setoodeh,Brent; Setoodeh, Ramin; Lang, Brent (August 5, 2015)."Tom Quinn and Jason Janego Exit Radius-TWC (EXCLUSIVE)".Variety. RetrievedNovember 22, 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  19. ^D'Alessandro, Anthony (October 30, 2023)."'It Follows' Sequel 'They Follow' With Maika Monroe Launches At AFM Via Neon".Deadline. RetrievedOctober 30, 2023.
  20. ^abVlessing, 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. RetrievedOctober 20, 2018.
  21. ^"George Clooney directs the inspirational film The Boys in the Boat".97.3 Coast FM. RetrievedNovember 22, 2023.
  22. ^Mills, Heidi (October 24, 2023)."The Book that Saved a Building".Seattle magazine. RetrievedNovember 22, 2023.
  23. ^Reynolds, Maca (October 4, 2023)."The Boys in the Boat Trailer Reveals George Clooney's Inspirational New Movie".MovieWeb. RetrievedNovember 22, 2023.

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