Sorry, why is a correction is necessary? I never said they weren't independent, and I never said they wouldn't have a final say over the license. Spyglass has a deal in place and a relationship with Paramount, which is true. And a lot of times, these deals come together via connections, and these are promising connections, if there's interest among the parties; it maybe opens doors for using the Ghostface character if, again, the parties have interest. And I'm talking specifically about the Ghostface character as the IP. The odds of HHN ever doing an adaptation of a classic Scream film are significantly low, not to mention a different topic altogether.
WB has an
equity stake in Spyglass, and maybe that first-look deal is still in place (I doubt it since they've yet to actually bring anything to WB), but that doesn't meant they can dictate terms in these deals. They'll just take their cut.
Lionsgate won't factor at all. Spyglass gained the Scream rights when they acquired them from the Weinstein Company library, and the ones for Scream weren't sold to Lionsgate:
Lionsgate Acquires Bulk of Weinstein Film Library in Spyglass Deal
All I'm saying is the likelihood went from 0% to something more than 0% and that's pretty interesting.