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New Deal


Announced

Warner Bros to invest in Spyglass.

Financials

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Tags

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Cable Television

Natural

motion pictures

Acquisition

Pending

United States

Private

Single Bidder

Synopsis

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Warner Bros, an entertainment company, to invest in Spyglass, developer, producer of motion pictures and television programming. Financial terms were not disclosed. Through the strategic partnership, Warner Bros. Pictures will have an equity investment in Spyglass as well as a first-look arrangement for content. “For many years, Warner Bros. has been a dedicated studio partner and we have shared numerous successes together. Their confidence in Spyglass’ brand and vision is invaluable as we continue to build a premier content company. I look forward to our future collaborations together.” Gary Barber, Spyglass Chairman and CEO.

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