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Lionsgate buys stake Spyglass amid content arms race

Print Movies once owned by the Weinstein Co., including Oscar winner “The King’s Speech,” have found yet another home. The film and television studio Lionsgate said Thursday that it has “acquired the vast majority” of the 200-film library held by Spyglass Media Group, which controls the catalog once owned by Harvey Weinstein’s former company. Lionsgate is adding acclaimed titles such as “Django Unchained,” “Silver Linings Playbook” and “Fruitvale Station” to its arsenal of content as it looks to better compete amid an entertainment arms race. Santa Monica-based Lionsgate, known for franchises including “The Hunger Games” and “Saw,” is also acquiring a 20% stake in Spyglass Media, based in Century City.

Lionsgate Acquires Bulk of Weinstein Film Library in Spyglass Deal

Lionsgate Acquires Bulk of Weinstein Film Library in Spyglass Deal Gene Maddaus, provided by FacebookTwitterEmail The afterlife of the Weinstein Co. continues. On Thursday, Spyglass Media which acquired the Weinstein Co.’s film and TV library in a bankruptcy auction three years ago announced that it had sold the bulk of the feature film library to Lionsgate Entertainment. More from Variety The sale is part of a broader partnership, under which Lionsgate takes a 20% equity stake in Spyglass, and Spyglass gets a first-look TV deal with Lionsgate. The financial terms were not disclosed. The sale includes three Quentin Tarantino films “Django Unchained,” “Inglourious Basterds” and “The Hateful Eight” as well as several other critically acclaimed Weinstein productions, including “Silver Linings Playbook,” “The Kings Speech” and “Fruitvale Station.”

Lionsgate invests in Spyglass Media

Lionsgate invests in Spyglass Media
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