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Spyglass Entertainment

Spyglass Entertainment
Private
Industry Film
Predecessor Caravan Pictures
Founded 1998
Founder Gary Barber
Roger Birnbaum
Defunct 2012
Headquarters Los Angeles, California, United States
Key people
Jeffrey Chernov
Jonathan Glickman
Products Motion pictures
Parent Cerberus Capital Management
Divisions Spyglass Home Entertainment
Spyglass Television
Website .comspyglassentertainment

Spyglass Entertainment was an American film production company, co-founded by Gary Barber and Roger Birnbaum in 1998. It is currently owned by Cerberus Capital Management.

Barber and Birnbaum serve as co-CEOs, while Jonathan Glickman serves as the current President of Production. Jeffrey Chernov was once a production executive at Spyglass Entertainment.

Contents

  • History 1
  • UK distributors 2
  • Production filmography 3
    • 1990s 3.1
    • 2000s 3.2
    • 2010s 3.3
  • References 4
  • External links 5

History

In August 1998, Roger Birnbaum, Caravan's co-founder, left to co-found Spyglass Entertainment at Roth's prompting in which Disney takes an equity stake and a five-year distribution agreement. With Disney cutting its yearly production output, Roth recommended forming a self-financing production firm such as New Regency Productions. Caravan after the remaining three films are release, the company went inactive. Caravan's slate of movies projects and an initial financial advance of $10 million to $20 million against future overages was also contributed by Disney.[1] Spyglass based their operations at [Walt Disney Studios (Burbank)|Disney's studios]]. In October 1998, European media conglomerates Kirch Group and Mediaset invested in theatrical, video and television distribution rights to between 15 and 25 films over five year for Germany, Italy, Spain, Poland and the former Soviet Union.[2] By May 2000, Disney had taken a 10% equity stake in Spyglass along with Svensk Film Industri of Scandinavia and Lusomundo of Portugal.[3][4]

In 2002, Spyglass considered a merger with Intermedia but the deal was never carried out.[5] With expiration of the Disney distribution deal in October, Spyglass signed a five year distribution deal with DreamWorks while Disney retained its stake.[4] In April 2008 at MIP TV, Spyglass and Canal Plus agreed to a multi-window TV deal for its movies lasting until 2009.[6] By 2010, Spyglass had moved to Westwood and Cerberus Capital had purchased the company.[5]

On December 20, 2010, the founders of Spyglass Entertainment, Gary Barber and Roger Birnbaum, became co-Chairs and co-CEOs of the holding company of Metro-Goldwyn-Mayer, which had recently at that time emerged from bankruptcy.[7][8][9][10] Since then, Spyglass' operation has been scaled back, though Barber and Birnbaum will continue to operate it through the handling of its library.[11] The studio now produces only a handful of films per year.

UK distributors

Production filmography

1990s

2000s

2010s

References

  1. ^ Eller, Clauida (August 21, 1998). Spyglass Offers Disney Lower-Risk Deals. Los Angeles Times. Accessed on March 18, 2015.
  2. ^ Mattzer, Marla (October 29, 1998). "European Firms to Invest in Spyglass".   (Alternate link.)
  3. ^ Eller, Claudia (May 23, 2000). "Spyglass Hopes for More Good 'Sense' in Future Projects".   (Alternate link.)
  4. ^ a b Eller, Claudia (December 10, 2002). "Spyglass Signs Deal With DreamWorks". Los Angeles Times. Retrieved October 13, 2015. 
  5. ^ a b DiOrio, Carl (August 12, 2010). "Why MGM is choosing Spyglass over others". the Hollywood Reporter. AP. Retrieved October 13, 2015. 
  6. ^ "Canal Plus puts its eye to Spyglass fare". Variety. April 12, 2005. Retrieved October 13, 2015. 
  7. ^ "MGM 2010 Restructing" (PDF). Wall Street Journal. Retrieved Jan 5, 2012. 
  8. ^ "MGM restructuring becomes official, Studio completes restructuring with $500 million in financing". variety.com. Retrieved Jan 5, 2012. 
  9. ^ "MGM 2010 Restructing". globaltimes.cn. Retrieved Jan 5, 2012. 
  10. ^ "Gary Barber and Roger Birnbaum assume leadership immediately as Co-Chairmen and Chief Executive Officers of MGM". prnewswire.com. Retrieved Jan 5, 2012. 
  11. ^ Finke, Nikki. "MGM’s Roger Birnbaum Steps Down To Return To Producing; Gary Barber Now Revived Studio’s Sole Chairman & CEO." Deadline.com (October 2, 2012).

External links

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