The Weinstein Company logo history (featuring Lantern Entertainment)

Harvey & Bob Weinstein founded The Weinstein Company in 2005 after leaving Miramax Films that same year. After the departure, the Weinsteins retained ownership of Dimension Films. From April 7, 2006 to November 7, 2008, most of their films were primarily distributed and marketed by Metro-Goldwyn-Mayer, after which they intermittently distributed alone or produced with other studios. On October 5, 2017, The New York Times published an editorial stating that over 60 women in the media industry have accused Harvey Weinstein of sexual harassment, including the use of "casting couch" practices, with rumors spanning as far back as 19 years. Оn October 8, TWC announced that Weinstein had been dismissed from the company; prior to Weinstein's firing, four members of the board of directors resigned (a fifth, Richard Koenigsberg, followed suit on October 12), while Weinstein said that he had taken an indefinite leave of absence. The allegations, Weinstein's dismissal, and major backlash in the media, combined with the poor performance of TWC's then-released films, eventually led to the company declaring bankruptcy on March 19, 2018. Weinstein subsequently pled guilty and was sentenced to 23 years in prison in March 2020, and later for an additional 16 years in February 2023, leaving a total of 39 years in prison. Bob Weinstein would later form his current production company Watch This Entertainment on October 11, 2019 and brought in former Dimension Films executive Pantea Ghaderi as President of Creative Development. To raise funds, TWC sold the rights to three of its films, Paddington 2, In the Heights, and The Six Billion Dollar Man, to Warner Bros. Pictures. In May 2018, Lantern Capital won the studio's bankruptcy auction, and on July 16, they absorbed TWC's 277-film library into a new production and distribution company called Lantern Entertainment, with the rights to a majority of their films later being sold to Lionsgate Films. Later that year, TWC's library was transferred to Spyglass Media Group, which Lantern Entertainment has a majority stake in.
Lantern Entertainment is an independent film and television studio, founded on July 16, 2018 in Dallas, Texas by Andy Mitchell and Milos Brajovic, and owned by Lantern Capital Partners. They are the current owners of The Weinstein Company's assets, as it was bought in a bankruptcy auction following its collapse. In February 2019, it was reported that the company would be reaching a settlement with The Walt Disney Company, regarding several films that Lantern did not obtain. On March 13, 2019, the company and Gary Barber revived Spyglass Media Group, which will host the former The Weinstein Company library.