Lantern Entertainment, LLC is an American independent film and television production company founded by Lantern Capital Partners on July 16, 2018.
The studio was formed from the acquired assets of TWC in a bankruptcy auction. TWC filed for bankruptcy as a result of co-founder Harvey Weinstein being convicted of sexual harassment, assault, and rape. Lantern Entertainment is a separate company unaffiliated with the Weinsteins.[2]
History
On July 16, 2018, the Dallas-based equity firm Lantern Capital Partners bought the assets of TWC for $289 million. Lantern Entertainment was formed and assumed the rights to TWC's 277-film library.[3][2][4]