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Weinstein Co. Buyer Settles Marvin Peart Lawsuit
Marvin Peart has finished his lawsuit against Lantern Capital Partners after the Texas-based private equity firm agreed to compensate him for his role in the $270 million buyout of Weinstein Co. assets more than three years ago. The parties have filed a notice of settlement in Los Angeles Superior Court. Peart, a financier and producer […]
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Will The Weinstein Co. Buyout Go to Trial?
Harvey Weinstein is in prison, but his presence in showbiz lingers. Next up could be a high-stakes trial that focuses on the months following the revelation in 2017 of his monstrous behavior toward women. That was when Weinstein’s film and television company went into a tailspin, and observers wondered if any investor would step up […]
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‘The Alchemist’ Movie Falls Apart, Again (Exclusive)
After more than two decades of stops and starts, it was looking like The Alchemist — a feature adaptation of the much-beloved best-selling novel by Paulo Coelho — would finally get made. Earlier this month, it was announced at the Cannes Film Festival that Will Smith and Jada Pinkett Smith’s Westbrook Studios was joining Netter […]
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Weinstein Co. Buyer Headed to Trial for Jilting “Architect” of Deal
Lantern Capital Partners is now facing the prospect of explaining at trial its moves three years ago when it maneuvered to buy most of The Weinstein Company’s assets out of bankruptcy for about $270 million. The Texas-based private equity firm — which then spun out Lantern Entertainment, which became Spyglass Media — is being pursued by […]
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Paradigm Promotes Five, Adds Gersh Agent
Paradigm Talent Agency has promoted five staffers to become new agents, while veteran literary agent Michael Romero-LoSasso has joined the company from Gersh.
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‘Current War’ Team Talks “Blessing” of “Second Chance” Director’s Cut After Weinstein Fallout
'The Current War's' writer, producers and star Benedict Cumberbatch spoke about the "blessing" of getting a "second chance" at releasing the former Weinstein Company film about Thomas Edison and George Westinghouse after it was shelved following sexual misconduct allegations against Harvey Weinstein.
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Bob Weinstein Reemerges With New Company and Animated Pic ‘Endangered’
Bob Weinstein is returning to film production with his own shingle, Watch This Entertainment, with Téa Leoni co-producing his first project, animated feature 'Endangered.'
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Harvey Weinstein Plaintiffs Oppose TWC’s Move to Hire More Lawyers
The Weinstein Company's debtors are asking the judge to let them hire a litigation firm in potential claims against the defunct studio's former directors and officers amid opposition from New York's Attorney General and a myriad of people suing Harvey Weinstein.
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Spyglass Media Group Lands Warner Bros. as Strategic Investor
Spyglass Media Group has secured Warner Bros. Pictures as a strategic investor. The pact, unveiled Tuesday by Gary Barber, chairman and CEO of Spyglass, will see Warner Bros. take an equity stake in the development, finance and production company, while the partners have also incked a first-look deal for content.
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Spyglass Media Group Closes Former Weinstein Co. NY Office, Lays Off 15
The newly formed Spyglass Media Group has closed the New York offices that once belonged to the Weinstein Co. and laid off 15 of the employees that were part of Lantern Capital’s acquisition of the TWC assets.
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David Glasser Says He’s Raised $300 Million for Post-Weinstein Studio
Former top Weinstein Co. exec David Glasser is launching a $300 million indie studio with backing from Rob Burkle and other investors.
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Former Weinstein Co. Film ‘Hotel Mumbai’ Finds New Home at Bleecker Street
Former Weinstein Co. movie 'Hotel Mumbai' has found a new home at indie distributor Bleecker Street before making its world premiere early next month at the Toronto Film International Festival.
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