Wednesday, July 17, 2019

FOR LIONSGATE, A LOSS NOW, PROFITS LATER

May 31, 2012 by · Leave a Comment 

In Hollywood’s latest variant of “it takes money to make money,” Lionsgate, which produced The Hunger Games, one of the biggest hits of the year, reported a loss of $22.7 million in its fourth quarter ended March 31, due in large part to the costs involved in promoting and marketing the film. It also cited […]

WHO’LL STAY AND WHO’LL GO IN LIONSGATE-SUMMIT MERGER?

March 27, 2012 by · Leave a Comment 

The success of Hunger Games coming so soon after Lionsgate acquired Summit Entertainment, the studio responsible for the Twilight franchise, has presented Lionsgate’s top executives with something of a quandary as they consider the new executive lineup of the combined company, the New York Post observed today (Tuesday). Who, for example, will be its next […]

LIONSGATE CONSUMMATES MARRIAGE WITH SUMMIT

January 13, 2012 by · Leave a Comment 

Lionsgate has agreed to acquire Twilight studio Summit Entertainment in a deal said to be worth $412.5 million. In an announcement late today (Friday), Lionsgate Co-chairman and CEO Jon Feltheimer and Vice Chairman Michael Burns said, “We are uniting two powerful entertainment brands, bringing together two world-class feature film franchises, to establish a commanding position […]

REPORT: LIONSGATE TO ACQUIRE TWILIGHT STUDIO

January 9, 2012 by · Leave a Comment 

Having failed in its effort to acquire MGM last year, Lionsgate is expected to announce as early as this week that it will be be buying Summit Entertainment for $400 plus the assumption of $300 million in debt, published reports said over the weekend. Lionsgate had spent much of the past year fending off takeover […]

LATEST TWILIGHT CROSSES $500-MILLION MARK

November 30, 2011 by · Leave a Comment 

On its twelfth day of release, Summit Entertainment’s The Twilight Saga: Breaking Dawn – Part 1 crossed the $500-million mark at the worldwide box office. That brings to $2.3 billion the total earnings for the four Twilight movies thus far. A fifth Twilight movie (part two of Breaking Dawn) is due to conclude the franchise’s […]

THANKSGIVING BOX OFFICE DOWN

November 29, 2011 by · Leave a Comment 

Moviegoers apparently didn’t get the message that they were supposed to lift the box office to a new Thanksgiving Day record over the weekend. To be sure, they turned out in force, but not in the numbers that pundits had forecast. As everyone had expected, the second week of The Twilight Saga: Breaking Dawn — […]

BREAKING DAWN BREAKS OUT; HAPPY FEET BROKEN

November 22, 2011 by · Leave a Comment 

It did not earn as much in its opening weekend as some box-office pundits had predicted it would. It did not even set a domestic record for the franchise, but <em>The Twilight Saga: Breaking Dawn, Part 1</em>, with a final weekend total of $138.1 million produced the fifth best opening box office of all time, […]

WILL BREAKING DAWN OUTDO DEATHLY HALLOWS?

November 18, 2011 by · Leave a Comment 

Critics have gone for the jugular, but The Twilight Saga: Breaking Dawn — Part 1 could break all opening-day attendance records, including its own, over the weekend, with some pundits predicting it could earn more than $150 million — all that loot without the benefit of 3D surcharges. (Officially, the studio, Summit Entertainment is predicting […]

TWILIGHT: ECLIPSE BIG WINNER AT MTV MOVIE AWARDS

June 6, 2011 by · 1 Comment 

The Twilight Saga: Eclipse eclipsed just about everything in sight at the MTV Movie Awards Sunday night. It won the top three categories: best movie, best male performance (Robert Pattinson), and best female performance (Kristen Stewart). It also produced what is likely to be the top viral video of the night. When it was announced […]

TREE OF LIFE WILL PREMIERE AT CANNES AFTER ALL

April 27, 2011 by · Leave a Comment 

Terrence Malick’s much anticipated The Tree of Life, starring Sean Penn and Brad Pitt, will have its world premiere at the Cannes Film Festival on May 11 after all. Icon Film Distribution, which had planned to open it in the U.K. on May 4 — a week before its screening in Cannes — issued a […]

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