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Lionsgate Buys 20% Stake in Spyglass Media and Acquires Most of Film Library

Lionsgate Buys 20% Stake in Spyglass Media and Acquires Most of Film Library Catalogue includes 200 titles highlighted by “The King’s Speech” and several Quentin Tarantino films Brian Welk | July 15, 2021 @ 1:47 PM Spyglass Media Lionsgate has taken a 20% stake in Spyglass Media, and the companies together have formed a strategic content partnership. Lionsgate has also acquired most of the studio’s 200-film library, which includes roughly 200 titles such as “Scream 4,” “The King’s Speech” and several Quentin Tarantino films. The two companies announced the news jointly on Thursday, and the agreement gives Lionsgate a 20% investment stake in the Spyglass, whose major assets include the next “Scream” film due out January 14, 2022, as well as the fashion competition series “Project Runway” and a revival of the “Hellraiser” franchise, which is currently in pre-production.

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 ENTERS INTO STRATEGIC ALLIANCE WITH SPYGLASS MEDIA GROUP

LIONSGATE ENTERS INTO STRATEGIC ALLIANCE WITH SPYGLASS MEDIA GROUP
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Lions Gate Buys 20% Stake in Spyglass Studio, Gaining 200 Titles

Lions Gate Buys 20% Stake in Spyglass Studio, Gaining 200 Titles
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