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 ENTERS INTO STRATEGIC ALLIANCE WITH SPYGLASS MEDIA GROUP prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
CRAIG PILIGIAN RENEWS LONG-TERM AGREEMENT AS CEO AND CHAIR OF PILGRIM MEDIA GROUP, EXPANDS RESPONSIBILITIES TO INCLUDE OVERSIGHT OF LIONSGATE'S UNSCRIPTED TELEVISION BUSINESS prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.