×
You will be redirected back to your article in seconds

Warner Bros. Invests in Spyglass Media

Warner Bros. Pictures will take an equity stake in Spyglass Media Group, the new content company launched by former Metro-Goldwyn-Mayer chief Gary Barber. Along with the investment, Spyglass has inked a first-look arrangement to provide content to the Hollywood studio.

Barber is a close friend of Kevin Tsujihara, the former Warner Bros. Entertainment CEO who was forced to resign last month in the wake of a report that found he allegedly used his position to secure auditions for a woman with whom he was having an affair. But Barber’s history with the studio dates back some three decades, extending to his time as vice chairman of Morgan Creek, the production company that worked with Warners on “Robin Hood: Prince of Thieves” and “Ace Ventura.” As the head of MGM, he worked with the studio on the distribution of “The Hobbit” films and “Creed.”

“For many years, Warner Bros. has been a dedicated studio partner and we have shared numerous successes together,” Barber said in a statement. “Their confidence in Spyglass’ brand and vision is invaluable as we continue to build a premier content company. I look forward to our future collaborations together.”

“We have a long, successful relationship with Gary and we’re excited to be in business with him at Spyglass,” Warner Bros. Pictures Group chairman Toby Emmerich said in a statement. “We’re looking forward to exploring the creative opportunities Spyglass has to offer.”

Spyglass Media Group investors include the hedge fund Lantern Entertainment, foreign distributor Eagle Pictures, and the exhibition chain Cineworld Group. Through Lantern, Spyglass has access to the former Weinstein Company library, which includes “The King’s Speech,” “Inglourious Basterds,” and “Scream.”

More Film

  • Millie Bobby Brown on Her Feature

    Millie Bobby Brown Calls Her Film Debut in 'Godzilla' 'Kind of Unreal'

    Millie Bobby Brown is no stranger to stardom thanks to “Stranger Things,” but she still can’t believe she’s making her feature film debut in the monster reboot “Godzilla: King of the Monsters.” “It’s kind of unreal,” Brown told Variety at the premiere. “I’m like, ‘What is happening right now?’ It’s so bizarre and unreal, and [...]

  • Dakota Johnson Tracee Ellis Ross

    Dakota Johnson, Tracee Ellis Ross Co-Starring in Comedy 'Covers'

    Dakota Johnson and Tracee Ellis Ross will co-star in “Covers,” a comedy set in the music scene in Hollywood. “Late Night” director Nisha Ganatra is helming from a screenplay by Flora Greeson. Focus Features is partnering with Working Title Films on the movie. Working Title’s Tim Bevan and Eric Fellner will produce with Alexandra Loewy [...]

  • Sony Interactive Launches Film, TV Studio

    Sony Interactive Launches Film, TV Studio to Adapt Video Game Projects

    Sony Interactive recently launched PlayStation Productions, a studio tasked with adapting the company’s video game properties into films and television shows, according to The Hollywood Reporter. PlayStation Productions is headed by Asad Qizilbash and overseen by SIE chairman of Worldwide Studios Shawn Layden. It’s reportedly already working on its first slate of projects on the [...]

  • Breaking Glass Takes U.S. on Female

    Breaking Glass Takes U.S. on Mexican Female Empowerment Pic 'Tatoo of Revenge' (EXCLUSIVE)

    Philadelphia-based indie distributor Breaking Glass Pictures has acquired North American rights to Mexican director Julian Hernandez’s female empowerment thriller “Tattoo of Revenge” in a deal closed with Italy-based company The Open Reel at the Cannes film market. “Tatoo” is the latest feature by the prolific Hernandez who is known on the festival circuit for films [...]

  • Thierry Fremaux Cannes

    Thierry Fremaux Says 'Cannes Will Always Side With Artists' at Alain Delon's Tribute

    Thierry Fremaux, the artistic director of the Cannes Film Festival, delivered a heartfelt homage to Alain Delon at a ceremony on Sunday during which the French actor received the honorary Palme d’Or. Alluding to the controversy that Delon has triggered with his past declarations, Fremaux said the actor was entitled to have his own convictions [...]

  • Joseph Gordon-Levitt's '7500' Sells to Amazon

    Joseph Gordon-Levitt's Thriller '7500' Sells to Amazon Studios

    Amazon Studios has acquired global rights to Joseph Gordon-Levitt’s terrorist drama “7500.” The deal, announced Monday at the Cannes Film Festival, excludes Germany, Switzerland, and Austria. Universum will distribute the film in Germany. In “7500,” Gordon-Levitt plays the co-pilot of a plane that has been hijacked by terrorists. The title references the code 7500, which [...]

  • Cannes: China's Rediance Boards Sales on

    Cannes: China's Rediance Picks Up Sales on 'Ways to Run' (EXCLUSIVE)

    Chinese indie sales and production finance outfit Rediance has boarded sales on “Ways to Run,” a project in the Cannes Film Festival’s Cinefondation La Residence section. The film picked up a special mention at the prize presentation. The road movie drama is being directed by Afghan-Dutch director Aboozar Amin, who previously made the documentary “Kabul: [...]

More From Our Brands

Access exclusive content