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Spyglass Media Group
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Spyglass Media Group
Spyglass Media Group, LLC is an American independent film and television production and finance company based in Los Angeles, California.
The company was founded by Gary Barber and Roger Birnbaum on August 21, 1998, as Spyglass Entertainment and became dormant on February 10, 2012. In the wake of the sexual abuse allegations that involved former The Weinstein Company chairman Harvey Weinstein, Spyglass was relaunched on March 13, 2019 in conjunction with Lantern Entertainment.
On August 21, 1998, Gary Barber, former vice chairman and CEO of Morgan Creek Productions, together with Roger Birnbaum, co-founder and former head of Caravan Pictures, founded Spyglass Entertainment. The startup company signed a five-year distribution agreement with the Walt Disney Studios, which took an equity stake.
Birnbaum previously left Caravan at the prompting of then Disney studio chief Joe Roth; with Disney cutting its yearly production output, Roth recommended forming a self-financing production firm similar to New Regency Productions. After Caravan's remaining three films were released, Caravan went inactive.
Its slate of film projects and an initial financial advance of $10 million to $20 million against future overages were also contributed by Disney. Spyglass's operations were formed and based at the Disney lot in Burbank.
On October 29, 1998, European media conglomerates Kirch Group and Mediaset invested in theatrical, video and television distribution rights to between 15 and 25 films in Germany, Italy, Spain, Poland and the former Soviet Union for over five years. M. Night Shyamalan's The Sixth Sense (released 1999), Spyglass's second film after Instinct, grossed $661 million at the global box office.
By May 23, 2000, Disney took a 10% equity stake in Spyglass, along with Svensk Filmindustri of Scandinavia and Lusomundo of Portugal. On March 7, 2003, Spyglass Entertainment agreed to a four-year distribution output deal with Village Roadshow for Australia, New Zealand and Greece.
On August 6, 2002, Spyglass Entertainment launched a television division, and it was focused on small screen projects. One of its projects was the short-lived series Miracles. That same year, it attempted to merge with smaller independent distributor Intermedia, but it failed.
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Spyglass Media Group
Spyglass Media Group, LLC is an American independent film and television production and finance company based in Los Angeles, California.
The company was founded by Gary Barber and Roger Birnbaum on August 21, 1998, as Spyglass Entertainment and became dormant on February 10, 2012. In the wake of the sexual abuse allegations that involved former The Weinstein Company chairman Harvey Weinstein, Spyglass was relaunched on March 13, 2019 in conjunction with Lantern Entertainment.
On August 21, 1998, Gary Barber, former vice chairman and CEO of Morgan Creek Productions, together with Roger Birnbaum, co-founder and former head of Caravan Pictures, founded Spyglass Entertainment. The startup company signed a five-year distribution agreement with the Walt Disney Studios, which took an equity stake.
Birnbaum previously left Caravan at the prompting of then Disney studio chief Joe Roth; with Disney cutting its yearly production output, Roth recommended forming a self-financing production firm similar to New Regency Productions. After Caravan's remaining three films were released, Caravan went inactive.
Its slate of film projects and an initial financial advance of $10 million to $20 million against future overages were also contributed by Disney. Spyglass's operations were formed and based at the Disney lot in Burbank.
On October 29, 1998, European media conglomerates Kirch Group and Mediaset invested in theatrical, video and television distribution rights to between 15 and 25 films in Germany, Italy, Spain, Poland and the former Soviet Union for over five years. M. Night Shyamalan's The Sixth Sense (released 1999), Spyglass's second film after Instinct, grossed $661 million at the global box office.
By May 23, 2000, Disney took a 10% equity stake in Spyglass, along with Svensk Filmindustri of Scandinavia and Lusomundo of Portugal. On March 7, 2003, Spyglass Entertainment agreed to a four-year distribution output deal with Village Roadshow for Australia, New Zealand and Greece.
On August 6, 2002, Spyglass Entertainment launched a television division, and it was focused on small screen projects. One of its projects was the short-lived series Miracles. That same year, it attempted to merge with smaller independent distributor Intermedia, but it failed.