Lionsgate Acquires 20% of Spyglass Media Group.

Lionsgate acquires spyglass media majorly, including the feature film library of approximately 200 titles, forming a strategic content partnership. This agreement shares 20% investment stake in Spyglass Media. The major assets of Spyglass Media comprise of the latest installment of the Scream, which is a blockbuster horror franchise that is to be released on January 14, 2022. The hit movie The Upside, Project Runway, and the revival of the Hellraiser franchise, currently in pre-production.

The agreement includes a multiyear first-look television deal between Lionsgate Television and Spyglass. The library titles acquired by Lionsgate enclosing a broad range of critically acclaimed commercial blockbusters including Fruitvale Station, The King’s Speech, Scream 4, Scary Movie 5, Spy Kids 4, Paddington, Silver Linings Playbook and Lee Daniel’s The Butler.

Adding to the Company’s extensive and expanding portfolio of Quentin Tarantino’s titles, Django Unchained, Inglourious Basterds and The Hateful Eight are also included.