Warner Bros. 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,” Barber said in a statement. “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.”
Also Read: Gary Barber's Spyglass Media Group Lays Off 15, Closes Lantern Entertainment's NYC Office (Exclusive)
Barber has a long-standing history with Warner Bros., working with the studio for nearly 30 years. His relationship dates back to the worldwide release of “Robin Hood: Prince of Thieves” and “Ace Ventura,” during his time at Morgan Creek Productions. He later worked with Warner Bros. on the