the Spyglass library being added to MGM, but it was later removed from the plan. Spyglass Media Group On March 13, 2019, Barber and Lantern Entertainment revived the company as Spyglass Media Group, bringing in Eagle Pictures and Cineworld as investors. Lantern made a majority investment and also transferred its film library and rights to Miramax film sequels to the Spyglass. Barber owns the Spyglass trademark and the sequel and remake rights to the old Spyglass library, which he has contributed. The company plans to produce content for all platforms. Spyglass closed the former Lantern Entertainment/TWC office in New York City while laying off 15 staff members across divisions. On April 1, 2019, Lauren Whitney, the president of television for Miramax, took on the same position for Spyglass. Damien Marin followed Barber from MGM to be appointed Spyglass president of worldwide distribution and acquisitions on September 3, 2019. On April 16, 2019, Warner Bros. bought an equity stake in Spyglass, which signed a first-look deal with the studio. Spyglass was involved on August 1, 2019 in a potential purchase of part of Miramax but dropped out in two weeks. Spyglass's first greenlit film since its revival is a revival of the Hellraiser franchise announced on May 6, 2019. With the company winning the rights to Stephen King's The Institute book in November 2019, Jack Bender and David E. Kelley were paired to development and produce the book as a mini-series. Also, Bender was signed by Spyglass to a television first-look deal. MGM President of Physical Production Peter Oillataguerre was appointed President of Production for Spyglass Media Group reporting to Barber. On July 15, 2021, Lionsgate acquired most of The Weinstein Company's film library, which until then had been owned by Spyglass, with Lionsgate getting a 20% equity stake in Spyglass and Spyglass getting a first look TV deal with Lionsgate Television. Foreign distributors Village Roadshow: Australia, New Zealand and Greece (2003–2007) Canal+: France, Benelux, Sweden and Poland pay TV Sogecable: Spanish pay cable Pony Canyon: Japan Lusomundo: Portugal Forum: Israel Ster-Kinekor: South Africa Diamond Films: Argentina Paris Filmes: Brazil Production filmography As Spyglass Entertainment 1990s 2000s 2010s As Spyglass Media Group 2020s In development References External links American companies established in 1998 Mass media companies established in 1998 1998 establishments in California American companies disestablished in 2012 Mass media companies disestablished in 2012 2012 disestablishments in California American companies established