Last summer, turnaround guru Andy Mitchell became the studio’s unlikely owner. Here’s a behind-the-scenes look at how the $400+ million deal came together.
Last fall, Sylvester Stallone called Andy Mitchell to offer the young Dallas private equity guy his Hollywood street smarts.
Mitchell and his business partner, Milos Brajovic, co-founders and co-presidents of Lantern Entertainment LP, had just bought Harvey Weinstein’s company in a bankruptcy auction for $289 million, and the 72-year-old mastermind behind the iconic Rocky and Rambo films wanted to see if the 40-something newbies could use his expertise in navigating Movieland.
Spyglass Media Group has entered into a first look deal with Warner Bros. The studio will also become a strategic investor.
Spyglass is run by chairman/CEO Gary Barber the former MGM chairman who relaunched the company when he made a deal with Lantern Entertainment Co-Presidents Andy Mitchell and Milos Brajovic that brought the assets from The Weinstein Company acquired by Lantern through Chapter 11 bankruptcy. Those assets will give Barber a leg up in launching the company.
Lantern Entertainment co-presidents Andy Mitchell and Milos Brajovic announced on Wednesday that they’ve joined up with Gary Barber’s Spyglass to launch Spyglass Media Group.
The partnership, which includes Italy’s largest indie distributor Eagle Pictures and Cineworld Group — one of the world’s largest cinema chains — as strategic investors, creates an independent premium content company that comes with a majority investment from Lantern.
The Kevin Hart-Bryan Cranston dramedy is the first movie from Lantern Entertainment, which bought the assets of Harvey Weinstein's embattled company for $287 million.
The Upside crossed $100 million Tuesday in North America, a major milestone for the indie dramedy, which had to navigate its way around controversy before becoming the biggest early success story of the 2019 box office.
Project Runway is back on Bravo where it started 15 years ago, but in its new incarnation — both in front of the camera and behind the scenes — are some strong Texas connections. The new 90-minute episodes are a production of Lantern Entertainment, which is owned by Dallas-based private equity firm Lantern Capital.
Los Angeles, CA - (July 13, 2018) - Lantern Entertainment, a newly established film and television studio has officially acquired certain assets of The Weinstein Company which include a library of over 270 films, unreleased and highly anticipated movies and a slate of impressive scripted and unscripted television titles.
Hamilton, Bermuda – (February 16, 2018) – GoodBulk Ltd. (“GoodBulk” “Company”) (N-OTC: BULK) an owner and operator of dry bulk vessels announced that yesterday, February 15, 2018 it took delivery of the Aquahaha, a 2012 built Capesize vessel of 179,023 dwt built by Hanjin, PH...
GoodBulk LTD. Announces Delivery of Two Capesize Vessels, an Agreement to Sell Another One Capesize & The Issuance of New Common Shares
On January 24, 2018, the Company took delivery of the Aquaproud, a 2009 built Capesize vessel of 178,057 dwt built by SWS, CHN. The purchase, which is the third to deliver of six option Capesize vessels acquired from funds managed by CarVal Investors, LLC (“CarVal”) on...
American Zinc Recycling LLC (the “Company”) is pleased to announce that a subsidiary of Glencore plc (“Glencore”) has purchased a 10% stake in its wholly-owned subsidiary American Zinc Recycling Corp. ( “AZR Corp.”). This strategic investment has been made in connection with the restart of...
GoodBulk Ltd. (“GoodBulk” or “Company”) (N-OTC: BULK) an owner and operator of dry bulk vessels announced today that it has entered into an agreement to acquire 7 to 13 Capesize dry bulk carriers from entities managed by CarVal Investors. Delivery of the vessels is expected to occur during...
Horsehead Holding LLC (“Horsehead” or “the Company”) today announced that the Horsehead Board of Directors (the “Board”) has appointed Wayne Isaacs, a veteran mining executive and distinguished leader in the base metals industry, as Chairman of the Board and Interim Chief Executive...
Roundtree Automotive Group LLC (“Roundtree”) today announced that it has formed a long-term partnership with Lantern Capital Partners LP (“Lantern”), a middle-market private investment firm headquartered in Dallas, TX. Roundtree Capital Partners LLC will focus on the acquisition of high-quality...
Elara, a Hilton Grand Vacations Club resort, located in Las Vegas, Nev., announces its completion of a term securitization transaction with the issuance of $165 million of asset-backed notes by its affiliate, Elara HGV Timeshare Issuer 2016-A, LLC. The transaction, backed by timeshare loans originated...