In November 2013 MGM and the McClory estate formally settled the issue with Danjaq, LLC—sister company of Eon Productions—with MGM acquiring the full copyright film rights to the concept of Spectre and all of the characters associated with it. With the acquisition of the film rights and the organisation's re-introduction to the series' continuity, the SPECTRE acronym was discarded and the organisation reimagined as "Spectre".