DLA Piper represented Lantern Entertainment, an affiliate of Lantern Capital Partners, in the launch of Spyglass Media Group LLC, an independent premium content company focused on developing, producing, financing and acquiring motion pictures and television series for worldwide audiences, in partnership with former studio head Gary Barber.

Through the venture, Spyglass will own and control all of Lantern Entertainment's current assets, including a wealth of development projects and more than 250 film library titles, as well as scripted and unscripted television series.

Global industry heavyweights Eagle Pictures, the largest independent distributor in Italy, and Cineworld Group, the second largest cinema chain in the world, have partnered as strategic investors, positioning Spyglass to develop, finance and produce premium content for theatrical, network, cable and streaming platforms as well as acquire accretive assets and explore strategic opportunities.

The DLA Piper team was led by partners Jason Whiteley, Thomas Califano (both of New York) and John Gilluly (Austin); and included partner Heather Dunn (San Francisco); and associates Jibin Luke (Houston), Shaked Hoter, Clayton Culler (both of Washington, DC), Sarah Nabors, Tyler Davis (both of Houston), Witold Jurewicz and Drew Young (both of New York).