In 1992, Caravan Pictures was created by Joe Roth and Roger Birnbaum as part of the Walt Disney Motion Pictures Group of The Walt Disney Company for producing films for film units Hollywood Pictures, Walt Disney Pictures, and Touchstone Pictures. Their first movie was The Three Musketeers, while their last film was Inspector Gadget. In 1994, Roth became the head chief of Walt Disney Pictures and left Birnbaum in charge, while in 1998, Birnbaum himself left the company and formed Spyglass Entertainment with Gary Barber. The company closed down in late July 1999 after the release of its last film, Inspector Gadget
Spyglass Entertainment was a production company founded by Roger Birnbaum and Gary Barber in 1998 after the former left Caravan Pictures. In 2010, Barber and Birnbaum became co-Chairs and co-CEOs of Metro-Goldwyn-Mayer, just as the company was recovering from bankruptcy, and due to that Spyglass's releases became heavily scaled back before bowing out entirely in early 2012.
On March 13, 2019, Gary Barber and Lantern Entertainment relaunched Spyglass Entertainment as Spyglass Media Group, a successor to The Weinstein Company with Cineworld, Eagle Pictures USA, and later Warner Bros. and Lionsgate coming in as minority investors.
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