Spyglass Entertainment: Spyglass Lays Off 15, Shutters New York Office In Break From TWC Past

Spyglass Media Group, launched this month by former MGM boss Gary Barber and Lantern Entertainment, has laid off 15 workers due to the shutdown of the company's New York office. A company insider confirmed reports of the reductions Wednesday, saying it was a shift designed to maximize the efficiency of workers at the company's Century City base, where new executives are already joining the roster. The exit from New York has symbolic importance because Lantern brought to...