Lionsgate has acquired the vast majority of the Spyglass Media Group’s feature film library of approximately 200 titles and formed a strategic content partnership, the two companies announced today.
The agreement gives Lionsgate a 20% investment stake in Spyglass. whose major assets include the latest installment of the Scream blockbuster horror franchise to be released January 14, 2022, the hit movie The Upside, the iconic fashion competition series Project Runway, and the revival of the Hellraiser franchise, currently in pre-production.The agreement also includes a multiyear first-look television deal between Lionsgate Television and Spyglass.
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