100°
Submitted by alycakes 128d ago | news

It's Official: Lionsgate Buying 'Twilight' Studio Summit Entertainment

THR:
The deal means the privately owned studio behind the hit "Twilight" movie franchise will now be part of the mini-conglomerate that will release "The Hunger Games" in March.

Lionsgate announced Friday it has closed its leveraged buyout of Summit Entertainment in a deal for $412.5 million in cash and stock and the assumption of Summit’s $500 million debt. (Industry, Lionsgate, Summit Entertainment)

New stories
20°

Catching Up: When the Wind Blows

2h ago - "We all have gaps in our cinematic knowledge, films which, if we confess our ignorance of, someon... | DVD