“Lionsgate, Summit and the entire Twilight community are saddened by the death of a Comic-Con fan today due to a traffic accident during the hours leading up to this year’s convention in San Diego. Our thoughts and condolences go out to the victim’s family and friends. She will be respectfully remembered this Thursday in Hall H.”
For those who didn’t hear the very sad news, you can click here for more information on what happened. Also Twilight Examiner has been doing updates.
Lionsgate has purchased Summit for $412.5 million, the companies announced on Friday.
The two independent studios have been circling each other for months. The deal is being structured as a leveraged buyout, in the form of cash and stock.
“We are uniting two powerful entertainment brands, bringing together two world-class feature film franchises to establish a commanding position in the young adult market, strengthening our global distribution infrastructure and creating a scalable platform that will result in significant and accretive financial benefits to Lionsgate shareholders,” Lionsgate Co-Chairman and Chief Executive Officer Jon Feltheimer and Vice Chairman Michael Burns said in a statement.
Summit brings with it debt, but that will be paid off with profits from the final two “Twilight” movies, allowing Lionsgate to keep that sum off its own books.
The debt that Summit took on last spring, has been refinanced into a new $500 million loan, which will be paid off by 2016. Lionsgate said it anticipates retiring the debt before that date.
The deal places a question mark over the future of production chief Joe Drake. It also means one less buyer in an already reduced indie landscape — and layoffs at the two companies.
Lionsgate will get a modest library of titles that also includes “The Hurt Locker” and “R.E.D.,” which it can add to its paid TV network Epix. Perhaps more important, Lionsgate will gain Summit’s expertise in international distribution — an area where it is lacking.
However, insiders at both studios feel that Summit’s experience in transforming the vampire “Twilight” series into a global box office phenomenon can help Lionsgate pull off a similar feat with “The Hunger Games.” This could help turn the studio, a launching pad for mid-budget genre films, into a lekking ground for young adult film franchises.
Will Eclipse beat New Moon at the box office? Summit Entertainment believes it will – and I have to agree. At least I hope it will. I am definitely ‘Team Eclipse,’ and was not a fan of how New Moon the movie was directed. Chekc out the info MTV has about Summit’s predictions:
Summit Entertainment is optimistic Twilighters will spend summer weekdays in theaters. With the six-day, holiday-weekend domestic box-office gross of “Eclipse” on the books — officially $176.4 million — the numbers conversation of the moment turned to one tricky question: Would the latest installment of the “Twilight” franchise ultimately defeat “New Moon” and its $296.6 million haul last year?
Inside the halls of Summit Entertainment, executives are confident that “Eclipse” — though it fell just short of the six-day total of “New Moon” — will eventually rank as the top-grossing “Twilight” film. At least, that is, until the first part of “Breaking Dawn” drops in November 2011.
“I think we have a real good shot at it after this first week,” Summit’s distribution head Richie Fay told MTV News. “We’re not disappointed in this gross at all. It’s where we expected to be, and it hopefully gets us north of ‘New Moon.’ “
Potentially helping Summit get there is the idea that a summer release date, at a time when schools are no longer trapping Twilighters in math class, will increase weekday grosses. But it’s not entirely clear that such a tactic is working out. “Eclipse” grossed over $10 million this Tuesday, according to Fay, which is roughly what “New Moon,” which opened on a Friday, took in on the Monday after its opening weekend.
Of course, conclusions cannot be drawn after just one day, and exact comparisons are difficult to make in general, owing to the different seasons and days of each film’s release. After seven days, “New Moon” and “Eclipse” are roughly equal in terms of total box-office sales.
The key will be to see how “Eclipse” fares in the next few days and how it performs in its second weekend. “New Moon” was a notoriously frontloaded release — earning 48 percent of its total gross on its opening weekend — and dropped 70 percent during its second weekend. If “Eclipse” can bump sales this week and avoid a precipitous second-weekend drop, the film will be well on its way to topping “New Moon.”
Yet at Summit, the focus is not so much on a race to first place as it is on a continued dedication to serving a fervid fanbase. “If we lost the audience to some degree over the weekend to barbecues and fireworks, they will probably come back,” Fay said. “It’s kind of like a tsunami audience. As soon as they’ve finished viewing ‘New Moon’ in the theaters, then the DVD comes out, and right after that, ‘Eclipse’ comes out. We’re servicing that audience very nicely.”
What do you do when you’re a mini-major and the second film in your hot Twilight Saga franchise is opening next month? Well, if you’re Summit Entertainment, you send the New Moon cast on a 15-city nationwide tour from November 6th through 19th.
The tour will kick off in Los Angeles at the Hollywood & Highland Center on November 6th with a concert by several bands featured on New Moon soundtrack: Death Cab for Cutie, Anya Marina, Sea Wolf, and Band of Skulls.
Fans can also attend a Question & Answer forum with many of the movie’s cast members. At each of the 15 city stops along the tour, there’ll be other activities and prize giveaways related to the film as well as the cast Q&As. Select cities will feature the soundtrack band performances.
Fans who acquire VIP credentials on October 31st will be granted access to a special event with select New Moon cast members at their respective malls. (Summit is telling fans that, for the chance to register they need to visit Hot Topic or select Nordstrom stores at 8:00 AM on October 31st at one of the participating mall locations. They will be given access to return and meet select cast members at that same mall on the assigned scheduled date and time.
VIP credentials provided on October 31st are limited and will be distributed on a first come, first served basis to those who make qualifying purchases. VIP credentials are non-transferable. Visit Hot Topic and Nordstrom websites for more details.)
Here are the details from Hot Topic on how to secure your spot:
The Twilight Saga: New Moon Tour is ready to take the nation by storm! Want to get into one of the events? Here’s what you’ll need to do! Go to any of the Hot Topic locations listed below at 8:00AM on October 31st, 2009, and purchase a commemorative The Twilight Saga: New Moon Tour T-shirt. You’ll get a wristband* that’ll give you access to the event at the location you purchase your T-shirt from. Cast members will be announced soon, but in the meantime, check out the dates and locations below to see if the tour is coming to a city near you!
11/06/09 – Los Angeles, CA. – Hollywood & Highland
11/08/09 – Denver, CO. – Park Meadows
11/09/09 – Chicago, IL. – TBD
11/09/09 – Boston, MA. – Natick Collection
11/09/09 – Washington, DC. – Fair Oaks Mall
11/10/09 – Houston, TX. – Houston Galleria
11/11/09 – San Francisco, CA. – Stonestown Galleria
11/11/09 – Philadelphia, PA. – Cherry Hill Mall
11/11/09 – Minneapolis, MN. – Mall of America
11/12/09 – Seattle, WA. – Westfield Southcenter
11/12/09 – Atlanta, GA. – Mall of Georgia
11/13/09 – Phoenix, AZ. – Scottsdale Fashion Square
11/13/09 – Miami, FL. – Dadeland Mall
11/14/09 – Salt Lake City, UT. – Fashion Place
This is for all you marketing pros who happen to also be Twilight fans. Joy. M – I bet you would love this one! Successful Promotions Magazine gives the inside scoop on Summit Entertainment’s promotion strategy, and also offers ways in which Summit could have produced an even stronger campaign.
You can read this clearly here! (Thank you myrobertpattinson)
Summit Entertainment has OFFICIALLY released the names of the actors set to portray Leah and Seth Clearwater in the upcoming Eclipse Movie. Here is the official statement by Summit Entertainment outlining the entire cast of Eclipse SO FAR:
SUMMIT ENTERTAINMENT STARTS PRODUCTION ON THE TWILIGHT SAGA: ECLIPSE Vancouver, BC – August 18, 2009 – Summit Entertainment announced today that it has commenced principal photography on THE TWILIGHT SAGA: ECLIPSE directed by David Slade (30 DAYS OF NIGHT, HARD CANDY) from a screenplay by Melissa Rosenberg. Kristen Stewart, Robert Pattinson and Taylor Lautner will reprise their roles as Bella Swan, Edward Cullen and Jacob Black. The third film in the studio’s TWILIGHT film franchise based on Stephenie Meyer’s blockbuster book series, will be released theatrically in North America on Wednesday, June 30, 2010. Along with director David Slade, several new actors are joining the TWILIGHT family including Bryce Dallas Howard as Victoria, Xavier Samuel as Riley, Catalina Sandino Moreno as Maria, Jack Huston as Royce King, Julia Jones as Leah, BooBoo Stewart as Seth, and Jodelle Ferland as Bree. Also continuing in the saga as The Cullen Family are Ashley Greene as Alice, Peter Facinelli as Carlisle, Elizabeth Reaser as Esme, Kellan Lutz as Emmett, Nikki Reed as Rosalie, and Jackson Rathbone as Jasper. Billy Burke also returns as Charlie Swan. THE TWILIGHT SAGA: ECLIPSE is filming on location in Vancouver, BC. THE TWILIGHT SAGA: ECLIPSE brings back members of the Quileute Indian Nation; the classmates of Bella and Edward; and the legendary Volturi, a venerable coven of vampires who weigh and impose the laws of the vampire world. A cast list for THE TWILIGHT SAGA: ECLIPSE appears at the end of this document. In THE TWILIGHT SAGA: ECLIPSE, Bella once again finds herself surrounded by danger as Seattle is ravaged by a string of mysterious killings and a malicious vampire continues her quest for revenge. In the midst of it all, she is forced to choose between her love for Edward and her friendship with Jacob — knowing that her decision has the potential to ignite the ageless struggle between vampire and werewolf. With her graduation quickly approaching, Bella is confronted with the most important decision of her life. About the TWILIGHT film series The TWILIGHT film series stars Kristen Stewart and Robert Pattinson and tells the story of 17-year-old Bella Swan who moves to the small town of Forks, Washington to live with her father, and becomes drawn to Edward Cullen, a pale, mysterious classmate who seems determined to push her away. But neither can deny the attraction that pulls them together…even when Edward confides that he and his family are vampires. The action-packed, modern day vampire love story and blockbuster success TWILIGHT was released in theatres on November 21, 2008. The second installment of the film franchise, THE TWILIGHT SAGA: NEW MOON directed by Chris Weitz and starring Kristen Stewart, Robert Pattinson and Taylor Lautner, will be released November 20, 2009. Melissa Rosenberg wrote the scripts for all three films in The TWILIGHT film series. THE TWILIGHT SAGA: ECLIPSE Cast List Kristen Stewart as Bella Swan Robert Pattinson as Edward Cullen Taylor Lautner as Jacob Black Cullen Family Ashley Greene as Alice Cullen Peter Facinelli as Dr. Carlisle Elizabeth Reaser as Esme Cullen Kellan Lutz as Emmett Cullen Nikki Reed as Rosalie Hale Jackson Rathbone as Jasper Hale Wolf Pack Chaske Spencer as Sam Uley Bronson Pelletier as Jared Alex Meraz as Paul Kiowa Gordon as Embry Call Tyson Houseman as Quil Ateara Other Quileutes Gil Birmingham as Billy Black Tinsel Korey as Emily Nomad Vampires Bryce Dallas Howard as Victoria Volturi Cameron Bright as Alec Charlie Bewley as Demetri Daniel Cudmore as Felix Dakota Fanning as Jane Additional Returning Cast Members Billy Burke as Charlie Swan Sarah Clarke as Renee Dwyer Anna Kendrick as Jessica Michael Welch as Mike Christian Serratos as Angela Justin Chon as Eric New Cast Members Xavier Samuel as Riley Catalina Sandino Moreno as Maria Jack Huston as Royce King Julia Jones as Leah Clearwater BooBoo Stewart as Seth Clearwater Jodelle Ferland as Bree About Summit Entertainment LLC Summit Entertainment is a worldwide theatrical motion picture development, financing, production and distribution studio. The studio handles all aspects of marketing and distribution for both its own internally developed motion pictures as well as acquired pictures. Summit Entertainment, LLC also represents international sales for both its own slate and third party product. Summit Entertainment, LLC plans to release 10 to 12 films annually.
Summit Entertainment and Creation Entertainment to Produce the
Official TWILIGHT Fan Conventions
Los Angeles, CA August 17, 2009 – Summit Entertainment and Creation Entertainment today announced a partnership to produce a series of Official TWILIGHT Fan Conventions over the next three years.
The unprecedented success of both the Twilight novels by Stephenie Meyer and the feature film adaptation of the first book has created a worldwide following of passionate fans who are eagerly awaiting the release of THE TWILIGHT SAGA: NEW MOON, the second movie in Summit’s TWILIGHT film franchise, which will be released theatrically in North America on November 20, 2009.
The Official TWILIGHT Fan Conventions will offer attendees the unique opportunity to involve themselves in all aspects of THE TWILIGHT SAGA. The weekend gatherings will feature on-stage appearances by TWILIGHT celebrities, exclusive footage screenings, panel discussions, TWILIGHT themed parties, musical performances, costume and trivia competitions, auctions, autographing, merchandising, and photo opportunities. The major online TWILIGHT fan websites, including www.twilightlexicon.com and www.twilightMOMS.com, will be participating with special presentations at stops on the convention tour.
Erin Ferries, VP of Creation Entertainment, said, “It is a delight to be involved with the tremendous excitement that surrounds THE TWILIGHT SAGA. The fans are incredibly knowledgeable about the property and have used the story as a springboard for their own creativity. The Official TWILIGHT Fan Conventions will allow attendees the chance to show off their TWILIGHT inspired artwork, writing, costumes, filmmaking, and music with thousands of their fellow fans. While the conventions will offer fans the chance to cheer for their favorite actors they are equally about gathering with like-minded folks and forming friendships based on a common devotion. We can’t wait to bring some of the magic of TWILIGHT live to cities around the United States, Canada and the United Kingdom!”
“The fans of THE TWILIGHT SAGA continue to be incredibly supportive of the film franchise and we wanted to find a way to allow them to immerse themselves in the films and the characters in a much more interactive setting,” said Nancy Kirkpatrick, President of Worldwide Marketing of Summit Entertainment. “The Official TWILIGHT Fan Conventions will offer incredible opportunities to get up close to the characters which they have grown to love.”
Official TWILIGHT Fan Conventions around the country with more then 20 stops have already been announced including New Jersey, Chicago, Miami, Seattle, Nashville, San Francisco, Atlanta, Los Angeles, Arlington, Charlotte, Minneapolis, Phoenix, Boston, Toronto and Portland.
So, as you all probably know by now – the French version of the official New Moon trailer that will be released before the movie Bandslam was all over the internet. However, out of respect for Summit Entertainment (who brings us these movies that we love so much), I wont be posting it here. To be honest, it was blurry and hard to see anyway – not to mention in French so a lot of people wouldn’t be able to understand it anyway. You’re really better off not spoiling it for yourself, and seeing it in the theater before Bandslam!