Showing posts with label Summit. Show all posts
Showing posts with label Summit. Show all posts

Sunday, February 5, 2012

'Twilight' helps Summit Entertainment quintuple revenue in 2 years

LA Time:
 

TwilightTrio
Summit Entertainment's revenue more than quintupled from 2008 to 2010 based on the massive success of three "Twilight" movies, according to a regulatory filing by the studio's new parent company Lions Gate Entertainment.
As part of a presentation to potential lenders as part of its acquisition of Summit, which was previously a private company, Lions Gate disclosed Summit's financial results for the first time.
They show that from 2008, the year that the first "Twilight" movie was released theatrically, to 2010, Summit's revenue skyrocketed from $211.6 million to $1.15 billion. The Santa Monica-based studio also swung from an $85.3-million net loss in 2008 to a $352.2 million profit two years later.
In 2009, when the first "Twilight" movie came out on DVD and "New Moon" hit theaters, Summit made a profit of $145.1 million on revenue of $722.1 million.
2010 was a particularly successful year for Summit because not only was the third "Twilight" movie, "Eclipse," released in theaters, but both that picture and 2009's "New Moon" came out on DVD. Studios make most of their film profits from home entertainment sales and rentals.
In the first nine months of 2011, the most recent year for which Lions Gate released data, Summit's revenue plunged to $331.3 million and its net income was only $14.7 million. During that period, however, there were no "Twilight" releases.
The fourth "Twilight" movie was released last November and the fifth and final installment of the popular vampire series will be in theaters in November.

-- Ben Fritz

--latimes.com

~Robstenfan

Wednesday, January 25, 2012

Man On the Ledge Premiere

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brandheroin (x2) for more
xoxo
Carrie

Saturday, January 14, 2012

Lionsgate Says Twilight Could Continue After Breaking Dawn

**I personally think they should respect the franchise and leave it alone as it is. don't get me wrong, i would LOVE more movies but there has to be an end eventually. Let's be honest here. We can't have Rob, Kristen or Taylor acting the same characters forever (not literally). And if they were to make more & have to recast them (if they don't want to come back or something), that would just be a really dumb move period. should be left as Stephenie Meyer left them.**

There’s a chance The Twilight Saga could continue after the fifth film opens in November.
The bombshell was reportedly dropped by Jon Feltheimer, the chief executive officer of Lionsgate Entertainment, which acquired Twilight studio Summit Entertainment for $412.5 million on Friday.
“I’m anticipating Breaking Dawn – Part 2 being $700 million-plus in worldwide box office,” said Feltheimer of the final (planned) installment in the hit vampire franchise.
According to the Los Angeles Times, when asked whether Lionsgate could envision more Twilight past next fall’s fifth film, Feltheimer left the door open.
“It’s hard for me to imagine a movie that does $700 million-plus doesn’t have ongoing value,” he said. “It’s an amazing franchise that they have done a great job of maintaining with absolutely no deterioration.”
He added, “So the simple answer is, ‘Boy, I hope so.’”
It’s not clear whether a potential continuation would involve future films or a television series.

--gossipcop.com

~Robstenfan

Done Deal: Lionsgate Buys Summit for $412.5 M

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.
"Rob Friedman and Patrick Wachsberger have built a remarkable organization, and we're pleased to welcome Summit's talented team to the Lionsgate family," the pair added.  
Colony Capital had also been pursuing Summit, but dropped out a few weeks ago, according to an individual with knowledge of the negotiations. 
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 remainder was funded with $55 million of cash from Lionsgate, $45 million of cash received from a newly issued series of Lionsgate convertible notes, $50 million of Lionsgate common stock and an additional $20 million of cash or stock will be optioned by Lionsgate within 60 days.
The stock will amount to roughly 4 percent of Lionsgate's shares. 
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. 
Summit co-chairs Rob Friedman and Patrick Wachsberger will likely oversee Lionsgate’s film division, but no contract has been signed, according to individuals with knowledge of the situation. If a deal is completed, Friedman would likely oversee domestic operations for the merged companies' film operations and Wachsberger would handle the international end.
An announcement on the new management team is expected in the next few weeks, according to an individual with knowledge of the matter.

Read the rest of this article at thewrap.com

~Robstenfan

Monday, January 9, 2012

Why the Imminent Lionsgate-Summit Merger Makes Sense


ANALYSIS
A merger between Lionsgate and the smaller indie studio Summit, which is expected to be finalized this week, will give the combined entity more heft in the marketplace and protect each of them from market forces and unwelcome predators.
Also read: Lionsgate Close to $700M Deal to Buy Summit
It's a union that makes a great deal of sense.
“It looks very smart to put these two small studios together,” Marla Backer, an analyst at Hudson Square Research, told TheWrap. “Combined, they’re going to have a lot more leverage than either would independently. It’s really difficult for smaller studios to compete today.”
While the details are still being hammered out, the price will likely take the form of $350 million in cash, $50 million in stock and the assumption of Summit’s debt, according to individuals with knowledge of the deal.
A marriage with the "Twilight" kids won't catapult budget-conscious Lionsgate into the same league as Disney or Paramount, but it will help the studio negotiate with exhibitors and scare off rivals from desirable release dates, analysts tell TheWrap.
The merger -- essentially a leveraged buyout -- comes just as Lionsgate is poised to launch its own tween franchise, "The Hunger Games."
Should it go through, the merger surely will mean layoffs, and places a question mark over the future of production chief Joe Drake. It also means one less buyer in an already reduced indie landscape.
Also read: Why Haven't Lionsgate and Summit Merged Yet?
The two sides are still in exclusive talks, and there’s a chance that another suitor such as Colony Capital could swoop in with a sweeter offer, but it does seem increasingly likely that an oft-discussed merger between Summit and Lionsgate will finally happen.
The stock would amount to roughly five percent of the independent studio, allowing CEO Jon Feltheimer and Co-Chairman Mark Rachesky to retain control of the company. That is critically important given the bruising that Carl Icahn and his constant takeover attempts administered to the studio’s share price over the past few years.
Much of Summit's roughly $300 million in debt will be paid off with profits from the final two “Twilight” movies, allowing Lionsgate to keep that sum off its own books.
Also read: Lionsgate Reports $24.6M in Losses Due to Weak Film Slate
In return, 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 young adult powerhouse.
Lionsgate could use a hit. The company reported a $26.4 million loss in its last fiscal quarter on the disappointing box office performance of movies including "Warrior" and the "Conan the Barbarian" remake. The latest "Twilight" installment, by contrast, has grossed $660 million worldwide.
“Summit has been through this before,” Backer told TheWrap. “They’ve launched a major franchise before, and although Lionsgate has had some B minus or C plus franchises in the past, it’s never done something on this scale. There’s the potential for Summit to push Lionsgate up the learning curve.”
The two studios can also eliminate redundant positions in their film and home entertainment divisions, potentially adding to increased savings down the stretch.
For Summit, the deal answers the nagging question of how to capitalize on the mega-grossing “Twilight” franchise. Beyond the vampire romance, the studio’s track record has been mixed, making its future as a standalone company after “Breaking Dawn -- Part 2” a risky bet.
By selling on a high note, Summit’s backers, a group that includes Rizvi Traverse Management and Participant Media, receive a substantial payback for their initial investment to go with the dividend they received in last year’s $750 million refinancing. Likewise, Summit co-chairs Rob Friedman and Patrick Wachsberger get cushy new posts overseeing Lionsgate’s film division.
Joe Drake, the president of Lionsgate’s motion picture group, will likely be odd man out when Friedman and Wachsberger take the reins.
Independent filmmakers will find one less active buyer for their offerings at film markets at a time when many major studios are dialing down their production slates.
If an agreement is reached, Lionsgate plans to keep the Summit brand, much as it has with other acquisitions such as Mandate Pictures. What that brand is beyond “Twilight” is a bit unclear. The action comedy “R.E.D.” was a $200 million worldwide hit and should spawn a sequel and some industry observers are bullish about the upcoming science fiction film “Ender’s Game,” but there’s nothing in the pipeline that seems destined to replace Bella and Edward.
That said, there’s always the potential that Lionsgate could find new unexplored areas of the “Twilight” universe -- from a television show to a sequel.
Plus, with “Breaking Dawn -- Part 2” due out in theaters in November, and video-on-demand and home entertainment revenues from “Part 1” set to start rolling in this spring, the tween phenomenon will keep racking up profits for another few years, by which point “The Hunger Games” may have replaced it in the hearts of preadolescents the world over.
Not bad for $400 million and debt.



--reuters.com


~Robstenfan

Wednesday, January 4, 2012

Summit considers two suitors (Lionsgate or Colony )

By Dave McNary

Summit Entertainment, one of the town's biggest success stories in recent years, begins 2012 with two potential buyers seriously kicking the tires of the minimajor. Privately held Summit, facing the end of the "Twilight" franchise this year, could decide as early as this week whether to accept competing buyout offers from Lionsgate and Miramax owner Colony Capital. Though the talks have been going on for several weeks, spokespeople for the three companies have not confirmed any of the negotiations and have had no comment.
People familiar with the situation have indicated the bids for Summit are in $350 million to $400 million range and noted that a deal could take many more weeks to close. As a public company, Lionsgate would be required to clear several hurdles to complete such a transaction -- which isn't expected to include issuing significant amounts of stock or debt.
Summit's coming into 2012 with its fourth "Twilight" pic having racked up a stellar $273 million domestically and another $362 million internationally. "The Twilight Saga: Breaking Dawn -- Part 2," due to open Nov. 16, is likely to perform in the same range.
Over the past five years, Summit co-chairs Rob Friedman and Patrick Wachsberger have transformed Summit from a foreign sales company into a full-service production and distribution studio. Their timing has been fortunate with Summit announcing a $1 billion financing deal in April 2007 -- a transaction that would not have been possible a few months later as the financial markets began melting down.
In March, Summit Entertainment closed a $750 million financing deal -- a $550 million term loan and a $200 million revolving line of credit -- that allowed the company to unshackle itself from itself from some of its debt, increase feature production and run day-to-day operations. It also paid a cash distribution to its largest investors, including Participant Media and private equity fund Rizvi Traverse Management.
If either the Lionsgate or Colony deals go through, Friedman and Wachsberger are expected to remain in some kind of top-level exec capacities in the merged entity. Summit and Lionsgate have had discussions about uniting going back as far as the fall of 2008, just before the bow of the first "Twilight" pic. Colony, which completed a $663 million buyout of Miramax from Disney in December 2010, emerged as a possible Summit bidder in November.
Both deals would bolster the new Summit's ability to operate as a minimajor. Lionsgate and Miramax possess significant libraries and the merged entity would have more firepower in a marketplace where the major have scaled back the production of mid-budget films in favor of tentpole and franchise properties -- creating an opportunity for sizable indies to fill that gap.
Summit has shown that it can exploit a franchise in "Twilight" while Lionsgate's in the midst of starting its own tentpole property with the four-picture "The Hunger Games" franchise. The first "Games" opens March 23 and the trailer has been attached to "Breaking Dawn -- Part 1."
Lionsgate is coming off a year that's seen its stock appreciate by 28%, closing the year at $8.32. Shares had been held down in recent years due to mixed performance by its feature films plus a barrage of criticsim from billionaire Carl Icahn, who agreed in late August to sell off his stake.
Lionsgate, which has an extensive TV production/distribution operation, has a notable track record on the acquisition front under Jon Feltheimer, co-chairman and CEO, and vice chairman Michael Burns -- Trimark in 2000, Artisan in 2003, Redbus in 2005, Debmar-Mercury in 2006, Mandate in 2007 and TV Guide in 2009 along with a stake in Roadside Attractions in 2007. Despite the ongoing battle with Icahn, Lionsgate remained an active bidder for MGM in 2009 and 2010 before the Lion went through its pre-packaged bankruptcy in late 2010.
As for Colony Capital, the private investment firm headed by Tom Barrack shored up its financing last month via a securitization of the Miramax assets in a bond offering worth $500 million. The securitization deal used an independent evaluation by Duff and Phelps that pegged Miramax's total worth at more than $813 million as of last July 1.
Miramax, headed by CEO Mike Lang, signed more than $300 million in new licensing agreements last year, much of which came from Netflix and Hulu. Miramax is developing about 20 feature projects with outside partners but has no plans to start funding production and has focused on exploiting its 700-title library.

--variety.com

~Robstenfan

Friday, December 30, 2011

'Twilight' studio Summit sale on hold until 2012

TwilightBreakingDawn
"Twilight" studio Summit Entertainment is still deep in negotiations with two potential buyers, but won't reach an agreement with either before the end of 2011.

The Santa Monica firm remains in talks to sell itself to fellow studio Lions Gate Entertainment and private equity firm Colony Capital, a co-owner of Miramax, people familiar with the matter but not authorized to speak publicly said.
Executives at Summit had hoped to close a deal by the end of the year because of certain tax and financial advantages, two of the people said, but that has virtually no chance of happening by Saturday.
Instead, talks with both parties have slowed down during the holiday season and are expected to pick back up next week. Summit is likely still looking to close a deal as soon as possible, as it is currently in a good position with one more "Twilight" sequel yet to be released and a significant pile of cash that, one knowledgeable person said, will be distributed to investors in the event of a sale.
Both Lions Gate and Colony are said to be offering about $350 million to $400 million to acquire Summit, along with the assumption of roughly $200 million in debt.
If Lions Gate were to take control, Summit chiefs Rob Friedman and Patrick Wachsberger are expected to run the merged studio's motion picture group, sources close to the negotiations said. If Colony, which is led by billionaire investor Tom Barrack, were to be the winning bidder, Summit would likely be merged with Miramax. In that scenario, it's likely that Friedman and Wachsberger would run the combined company, possibly alongside Miramax CEO Mike Lang.

-- Ben Fritz
[latimes.com]

~Robstenfan

Tuesday, December 13, 2011

Summit management considering buyout of 'Twilight' studio

SummitFriedmanWachsberger
As "Twilight" studio Summit Entertainment is immersed in negotiations with multiple parties to get acquired before the end of the year, a new bidder may have emerged: Summit itself.
Co-chairmen Rob Friedman and Patrick Wachsberger are putting together a management buyout plan in partnership with a private equity fund to take financial control of Summit, according to a person familiar with the matter but not authorized to speak publicly.
[Update, 12:31 p.m.: A person close to Friedman and Wachsberger who declined to be identified because of the privacy of ongoing discussions denied that a management-led buyout is in fact in the works.]
The plan would involve Friedman and Wachsberger buying out their current investors, which include private equity firm Rizvi Traverse Management and film financing and production company Participant Media. It would leave the two chiefs of Santa Monica-based Summit in control, as opposed to other proposals currently on the table that would merge the independent studio with Lions Gate Entertainment or Miramax Films.
Under the Lions Gate scenario, Friedman and Wachsberger would head Lions Gate's motion picture group while the company's Chief Executive Jon Feltheimer and Vice Chairman Michael Burns would remain in charge. At Miramax, the duo would have to work with that studio's Chief Executive Mike Lang and report to its investor Colony Capital, a Santa Monica private equity firm, which is leading an effort to acquire Summit.
Lions Gate and Colony are both offering $350 million to $400 million in cash and agreeing to assume about $200 million in debt to buy Summit, the person said.
It's not yet known how much the management-led buyout would be worth and whether it could best the other two bids on the table.
TTwilightLoveOther potential buyers have been contacting Summit and "kicking the tires," said several knowledgeable people who declined to be identified, but so far none has put together plans as serious as those of Lions Gate, Colony/Miramax or Friedman and Wachsberger.
Summit's owners appear eager to sell the company by the end of the year in part because potential buyers are interested in the one remaining "Twilight" film, but also because of the studio's strong cash position.
Hundreds of millions of dollars Summit would otherwise spend on film production and operations will be paid out to investors under the provisions of a refinancing plan closed last year, the knowledgeable person said.
A spokesman for Summit did not respond to a request for comment. Freidman and Wachsberger could not be reached for comment.
A spokesman for Participant did not respond to a request for comment and a spokesman for Rizvi could not be reached.
-- Ben Fritz
--latimes.com

~Robstenfan

Wednesday, December 7, 2011

12 Studios-Distributors, 29 Films, 9 Moguls: ‘The Contenders’ Deadline Hollywood Event


Deadline Hollywood has always tried to innovate while other showbiz media outlets merely imitate. So I’ve created a two-day event completely free to participants and invitees called ‘THE CONTENDERS’. Each studio and distributor, major and indie, will make a presentation of their Award contender films directly to invited Academy Of Motion Picture Arts & Sciences members and select Hollywood Guild members. Invitees can choose to come for one day or both days. This entirely free event includes gratis Buffet Lunch catered by premium Los Angeles restaurants Craig’s (Saturday) and The Capital Grille (Sunday).
‘THE CONTENDERS’ has filled up so fast that we’re now opening a second theatre to accomodate the crowd. Those current AMPAS members who didn’t receive their invitations for whatever reason (we had a lot of complaints about our mailing house) can still gain admittance by emailing RSVP@deadline.com or calling the RSVP line at 310-484-2572 before Friday noon. As a last resort current AMPAS members can come directly to the Landmark Theatre on 10850 West Pico Blvd in Los Angeles Saturday and/or Sunday. ‘THE CONTENDERS’ event has received official notification that it falls within the Academy’s approved guidelines.
Current AMPAS and select Hollywood Guild members should know that entrance and seating to ‘THE CONTENDERS’ is on a ‘first come, first serve’ basis and is by no means guaranteed. No guests allowed. Each invitee must pass through security clearance and show Academy or Guild identification cards to gain admittance throughout the day. But we suggest you get to the theatre as early as 9 AM on Saturday and/or Sunday to ensure prime seating. Check-in starts at 10 AM and presentations continue until 5 PM. Be aware that the Mogul Q&A Panels at 2 PM Saturday (majors) and Sunday (indies) will fill up quickly.
Sponsors: Rentrak, Screen Engine, Paradigm, Dell, Barnes and Noble.


~Robstenfan

Wednesday, November 30, 2011

Summit in Talks to Merge with Lionsgate

Breaking Dawn lionsgate summit 600x450 Summit in Talks to Merge with Lionsgate, Twilight and Hunger Games Under One Roof? summit entertainment
Summit, the studio behind The Twilight Saga, is reportedly  in talks to merge with Lionsgate, creator of the upcoming Hunger Games movies.
This isn’t the first time talks have happened behind closed doors according to Bloomberg, and neither studio is commenting at present. The current rumors are based on the word of three people “with knowledge of the situation,” according to Bloomberg, who broke the story.
This would allow the studios behind two of the biggest book-to-movie translations in recent memory to pool resources.
Summit was a tiny studio before it hit gold with the Twilight series. Lionsgate hopes to find the same success.
This deal could allow the studios to take on more projects like The Night Circus, which is a fantastic book from a first-time author that Summit recently picked up before it = hit shelves. Had Twilight not happened, it’s hard to imagine Summit having the resources to make the fanciful and fantastic book a reality on screen.
While the financials and terms are unknown, it’s hard to see the downside. As long as Edward Cullen doesn’t pop up in Hunger Games 8: Volturi vs. The Capitol, this sounds good to me!
[Bloomberg, Photo by Dave Young]

--breakingdawnmovie.org

~Robstenfan

Tuesday, November 29, 2011

'Twilight' Studio Wins Legal Challenge Against Retailer Selling Bella Swan Jacket

How a jacket advertised as helping young girls land "the hottest vampire in high school" led to legal trouble for B.B. Dakota.

Summit Entertainment, no doubt celebrating the smash box office success of the latestTwilight film, has scored another victory. The studio has prevailed on most of the issues in a summary judgment ruling against a retailer that was advertising for sale a jacket worn by "Bella Swan."

In 2010, B.B. Dakota was hit with a copyright and trademark infringement claim for promoting a blue cotton canvas jacket by telling young girls that "Bella Swann (sic) wears this jacket in Twilight and scores the hottest vampire in high school, and so can you!"

Bella's jacket quickly became part of fashion lore.
Entertainment Weekly detailed how it got into the film;Women's Wear Daily wrote that it was "the stuff that legends are made of"; MTV pronounced that the jacket "brings you this much closer to Robert Pattinson"; Stylist.com called it "love at first bite, er, sight." And SoJones.com mooned that it was "very vampirelicious."
Only problem was that Summit had never licensed the jacket. A trade dress vampire had bitten the goodwill of its own mark, so Summit demanded destruction of the jacket stock.
B.B. Dakota defended itself several ways. First, the retailer claimed that it had a valid license. B.B. Dakota initially wanted to republish the image used onEntertainment Weekly's website on its own, but was told that it needed permission from Summit. One of BB Dakota's public relations reps then had an e-mail conversation with Amanda Boury, a Summit PR rep, and asked for permission to "highlight the jacket on [the] website along with the image from the movie," Boury responded "Ok."
But B.B. Dakota was alleged to have not used the EW image. Rather, she created "hangtags" affixed to another image of the Bella character. The image came from Summit's promotional posters.
Nevertheless, B.B. Dakota said it still was in the clear because its use was a "nominative fair use," meaning that the retailer was deploying the trademark to describe Summit's product rather than its own. In the past, courts have allowed such "nominative fair use" so long as the product in question is not readily identifiable without use of the mark, that a user only uses so much of the mark as necessary, and that the use of the mark doesn't suggest sponsorship or endorsement.
(Twi-hards, let us introduce thee to what the 9th Circuit has to say about New Kids on the Block merchandise.)
Judge Gary Allen Feess has rejected B.B. Dakota's fair use arguments. He finds that "there is a real question as to whether any use was necessary given the fact that the jacket had been successfully marketed for two to three years before the first Twilight movie was released."
Perhaps even more damaging, the judge rules that the defendant "made far more extensive use of Summit's marks and copyrighted materials than was necessary," including taking the image of Bella and the actual Twilight mark with its particular font.
If B.B. Dakota can take any solace in Judge Feess' decision, it's that Summit hasn't fully prevailed just yet on the issue of damages, or whether its trademark was diluted by the retailer's use.
Strangely, that's only because Summit hasn't been fully convincing on whether its mark is famous and distinctive enough.
Sure, the films have grossed more than $1 billion, but the judge points out that the Twilightmarks are used elsewhere and that the studio hasn't presented evidence such as consumer surveys that show the public recognizes Twilight marks as sufficiently famous. The judge rules this is an issue of material fact that could be subject to a trial.
Still, Summit has a strong edge here. The studio has established a likelihood of dilution, based on various other factors, Meaning that Summit at least gets a favorable decision as it continues to diligently police its trademarks on Twilight. It's now up to the studio to decide whether to rest there or go further.
Don't be surprised to see Summit, which has made some $63 million from licensed merchandise, have its own jacket in store. According to the decision, Summit has sold clothing bearing Twilight marks since 2008.
THR
xoxo
Carrie

Tuesday, November 8, 2011

Early Camper Safety Statement From Summit Entertainment

“For the safety of the fans, L.A. Live security will be removing all people that are attempting to camp early. A full security staff will not be on site to oversee the fan camp site and their belongings until Thursday, November 10 at 6am PT. Fans will be welcome to set up at that time.”
Folks we received (as did various other bloggers and no doubt Summit) info on people attempting to camp early. In case you missed them, here are the revised rules. LA Live is not public property. It is private property and their security team (note not Summit’s) will treat people arriving early as trespassers. Please let’s not give the media or the LA Live staff an excuse to give Twilight fans a reputation of being uncooperative. The last thing we need is someone being lead off in cuffs wearing a Team Headboard tee shirt. Let’s keep the image that we have had as cooperative. You don’t have to like them, but let’s stick to the rules folks! We want to be able to camp next year for the final film.

~Robstenfan

Thursday, November 3, 2011

Summit Entertainment launches 'Twilight' film & character fan pages

Photobucket

The Official Twilight Facebook page has been alive and growing for some time now, but Summit Entertainment has added to the Saga's social media bundle by creating Facebook fan pages for each film and the big three characters, "Edward," "Bella," and "Jacob."


Links to each are below.
Twilight Fan Page The Twilight Saga: New Moon fan page The Twilight Saga: Eclipse fan page The Twilight Saga: Breaking Dawn - Part 1 fan page Bella fan page
Edward fan page Jacob fan page

Also, don't forget, Summit Entertainment launched the Twilight Time Capsule website for fans to submit their pictures, videos, and comments at TwilightTimeCapsule.com as well.


gossip-dance

~Robstenfan

Wednesday, October 5, 2011

Summit Brings Back Twilight Tuesdays

Image and video hosting by TinyPic

NCM Fathom and Summit Entertainment celebrate the upcoming release of the most anticipated movie event of the year, The Twilight Saga: Breaking Dawn - Part I, by bringing back the first three Twilight Saga films for special one-night engagements. This November, experience the magic and romance that have captivated audiences worldwide all over again, as all three Twilight Saga movies come to the big screen for a 3-night only theatrical event.

Twilight on November 1
During this first Twilight Saga Tuesdays event, fans will see an exclusive reel that will include behind-the-scenes footage from ComicCon 2008; fan footage from the Twilight Premiere; as well as commentary from cast members about their experiences making Twilight, and how the unprecedented fan turn out set the film and cast on the road to stardom.
Also, for the first and only time on the big screen, fans will be treated to a special clip of Robert Pattinson performing the song, “Bella’s Lullaby,” which is featured in Twilight.

The Twilight Saga: New Moon on November 8
Before the start of the November 8 event, fans will see behind-the-scenes coverage of the filming of The Twilight Saga: New Moon in Italy, as well as footage from other New Moon fan events.

The Twilight Saga: Eclipse on November 15
This final event kicks off with exciting footage from one of the largest Hollywood premieres ever with more than 4,500 guests and 5,000 fans in attendance.
Cast members will also discuss their favorite scenes from The Twilight Saga: Eclipse and share never-before-seen footage from Comic-Con 2011.

Each event will begin at 7:30 pm (local time) Twilight Saga Tuesdays will begin with exclusive introductions from the cast members, compelling interviews with the stars answering the questions that Twilight Saga aficionados have always wanted answered and amazing clips from the many fan fests over the years. This special behind-the-scenes content will be immediately followed by the Twilight Saga films.
Showing at more than 730 select theaters across the country, Twilight Saga Tuesdays is the largest event ever distributed to theaters by NCM Fathom. Tickets for Twilight Saga Tuesdays are available at participating theater box offices and online today at www.FathomEvents.com! For a complete list of theater locations and prices, visit the NCM Fathom website (theaters and participants are subject to change).
source | via
robpattinsonlife

~Robstenfan

SUMMIT BUYS GHOST TALE 'LIGHT' FOR 'TWILIGHT' TEAM TO PRODUCE

The producers and studio who brought THE TWILIGHT SAGA to the bigscreen are segueing from the undead to the dead, as Summit Entertainment has purchased spec script IN THE FLESH, the tale of two ghosts in love, Variety's Josh Dickey exclusively reports. Kristin Hahn,longtime friend and producing partner ofJennifer Aniston, adapted the script from the teen spirit novel “A Certain Slant of Light,” which centers on a young woman, dead 130 years on, whose guilt prevents her from going to heaven. She falls in love with another wayward spirit, who shows her how to inhabit a mortal body whose own spirit has died. Hahn will produce along “The Twilight Saga” producersMarty Bowen and Wyck Godfrey, who tell SHOWBLITZ that the search for a director begins shortly.

showblitz
xoxo
Carrie

Friday, September 9, 2011

Summit Entertainment sues Twilight.com owner for Copyright Infringement

Summit Entertainment is suing the owner/operator of twilight.com, claiming the primitive fan merchandise site violates its copyright:


Summit claims that Tom Markson is illegally using “Twilight” trademarks and copyrights “and leading consumers to believe that they had reached the official ‘Twilight’ motion picture website.’”

It’s a fairly unimpressive-looking website that mostly links to Twilight merchandise on Amazon.com.

But Summit doesn’t want consumers to go to the site, thinking they’ve arrived at something sanctioned by the producers. (The official “Twilight” website, incidentally, is www.breakingdawn-themovie.com)

In its lawsuit, Summit complains that Markson’s site includes copyrighted material that Summit owns, and claims that Markson profits off of it.

Summit also claims that Markson has posted links to unauthorized Twilight contests and "fake casting calls."

Summit says it has been after Markson to stop using the “Twilight” material since April 2009, to no avail. (That month, Jill Pietrini, of the Los Angeles law firm Manatt, Phelps & Phillips, sent Markson a “cease and desist” letter.)

Finally, this month, the company sued Markson in federal court.

In the lawsuit, filed in U.S. District Court Sept. 2, Pietrini wrote that Markson’s acts “are likely to damage Summit irreparably.”

She asks for a jury trial and for the Court to order Markson to take down copyrighted material. It also asks for money damages, including three times the amount of profit Markson made from the website.

Read More in Source Reuters
Via TwiFans
[gossip_dance]

~Robstenfan

Thursday, August 4, 2011

Twilightish.com: Summit responds to Daiana Santia's press conference



In response to the press conference held in Posadas, Argentina today called by Ms. Daiana Santia and her legal representation, Summit Entertainment would like to provide to media and the online community the following response and details that led to the legal action taken against Ms. Santia.
·         First and most important this is NOT about greed or the Studio wanting to bully a woman from a small town in Argentina – rather, it is about stolen material that is private and sensitive which was obtained by illegally accessing private/secure servers as well as personal email accounts.  Ms. Santia’s actions came to light after these materials began appearing on the internet towards the end of March, 2011.  Since Summit learned of Ms. Santia’s involvement in late May 2011, Summit has been in contact with Ms. Santia and her representatives with no resolution or further good faith efforts on their part, thus the only alternative left was to pursue legal action to ascertain that Ms. Santia no longer holds the images and video in any shape or form.  Prior to said action the studio clearly communicated to Ms. Santia and her representatives that a press release would be distributed naming the actions being taken as well as naming her specifically.
·         Summit’s first meeting with the Santia family occurred on May 31, 2011 at which point the studio was told they would fully cooperate.   A subsequent meeting took place on June 8, 2011 with Ms. Santia and her lawyer at which time Ms. Santia confessed to the intrusions.  It is also important to note that Ms.Santia is 24 years of age.  The family was contacted as a group as the IP address used was registered under a family name.
·         Specifically on June 8, 2011 Ms. Santia confessed in the presence of her attorney that she accessed servers and email accounts via a systematic attack -- stealing photographs, unfinished images and video footage over several months.  Additionally there is indisputable evidence linking her directly to IP addresses that were used in the unauthorized access. Her actions appear to be premeditated and not done on a whim, but rather using technology and tactics that require thought as well as time and skill.  Because Ms. Santia decided that she does not want to cooperate, Summit has been unable to settle this matter privately with Ms. Santia and her representatives in Argentina.
·         Ms. Santia claims to have deleted the stolen materials off her lap top as well as her family’s desktop computer, however both common sense and historically similar cases have proven that a defendant’s word cannot be taken as final.  Additionally, Summit must confirm the extent to which Ms. Santia shared the materials with others.
·         When first approached by Summit, Ms. Santia’s representatives indicated their willingness to permit Summit to review the computers.  Based on this communication, Summit flew technical experts to Posadas, only to have Ms. Santia renege on their offer after the arrival of these experts.  To this day, Ms. Santia has refused to cooperate in giving Summit access to these two computers to verify for itself that the images and footage have in fact been deleted, and to confirm the extent to which files were shared.  We do not feel this is an unreasonable request but rather a prudent move to protect the IP and the studio.  Additionally the studio has made an offer to have representatives chosen by Ms. Santia present when the computers are searched in order to protect the Ms. Santia’s privacy relating to anything else that is not related to this particular situation as they are of no interest to the studio.
·         Had Ms. Santia cooperated Summit and its representatives would have worked with her to reach a compromise that would not necessarily involve legal action in Argentina and the United States.
twilightish.com

~Robstenfan

Monday, August 1, 2011

Info About the BD Leak


‘Breaking Dawn’ Hacker Identified; Summit Takes Legal Action

Summit has just released the following statement in connection to the stolen images from The Twilight Saga: Breaking Dawn.
“In an action that further communicates that those who steal images, video and other intellectual property will be identified and prosecuted globally, Summit Entertainment communicated today that it has identified the principal hacker who earlier this year stole unreleased materials from THE TWILIGHT SAGA: BREAKING DAWN which were then distributed on the internet.”
“Civil actions in the United States and Argentina nameDaiana Santia, along with others, as being involved in stealing photographs, unfinished images and video from both parts of the yet to be released THE TWILIGHT SAGA: BREAKING DAWN which first appeared on the internet of March 31 of this year. Criminal action in Argentina has also been filed.”
The statement goes on to explain, “The investigation, which utilized the services of Kroll Inc. and the law firm of Keats McFarland & Wilson LLP, spanned four continents (North America, South America, Europe and Australia) and has led to the town of Posadas in northern Argentina.  It is believed that others may also be involved in the crime and thus the investigation is on-going.”
“While we very much appreciate the legions of committed fans of the franchise and encourage them to create community online, we cannot ignore that property was stolen,” said David C. Friedman, Executive Vice President and General Counsel, Summit Entertainment. “It is not fair to the majority of fans that want to see the final chapter of the TWILIGHT SAGA film franchise fully realized by the filmmaker and dedicated cast and crew to have these images out and available on the Internet.”
What do you think of this latest development?

gossipcop

'Twilight: Breaking Dawn' Alleged Pirate Identified by Summit

The studio today took the unorthodox step of sending out a press release identifying the alleged culprit in a March hacking incident that ended with images of the highly-anticipated vampire romance film circulating on the Internet.

Summit Entertainment isn't kidding around in its anti-piracy efforts on The Twilight Saga: Breaking Dawn. The studio today took the unorthodox step of sending out a press release identifying the alleged culprit in a March hacking incident that ended with images of the highly-anticipated vampire romance film circulating on the Internet.
Summit's release ID's Daiana Santia of Argentina as having been involved in a group that stole photos, unfinished images and video of Breaking Dawn, which will be released in two parts beginning in November. Summit's four-continent crusade involved the services of investigation firm Kroll Inc. and law firm Keats McFarland & Wilson, which located Santia and others in the northern Argentina town of Posadas. Civil actions have been filed in the U.S. and Argentina, along with a criminal action in Santia's home country.
“While we very much appreciate the legions of committed fans of the franchise and encourage them to create community online, we cannot ignore that property was stolen,” says David Friedman, Summit's executive vp and general counsel. “It is not fair to the majority of fans that want to see the final chapter of the Twilight Saga film franchise fully realized by the filmmaker and dedicated cast and crew to have these images out and available on the Internet.”
As we reported, Summit appealed to the Twilight fan community when the images began circulating online on March 31. At the time, the studio issed the following statement:
“As some of you may know pictures and screen grabs of The Twilight Saga: Breaking Dawn as a work in progress have leaked on the internet. We are extremely proud of this film and also extremely heartbroken to see it out there at this stage. The film and these images are not yet ready or in their proper context. They were illegally obtained and their early dissemination is deeply upsetting to the actors, the filmmakers and Summit who are working so hard to bring these movies to fruition to you in November 2011 and November 2012. Please, for those who are posting, stop. And please, though the temptation is high, don’t view or pass on these images. Wait for the film in its beautiful, finished entirety to thrill you."

THR
xoxo
Carrie

Saturday, July 30, 2011

Comic-Con Wrap-Up: The Winners, the Losers, and the WTFs

Now that the dust has settled from last week's Comic-Con, it's time to take a look back at both the movies that thrived and the titles that barely survived. Did The Amazing Spider-Man manage to overcome its been-there-done-that trailer with a terrific panel? Did we get excited for movies we'd initially written off, and did we fall out of love with some we'd been eagerly anticipating? And more important, who said the weirdest things? Vulture's got your Comic-Con wrap-up right here, and it's full of winners, losers, and WTF moments.


nymag for the rest
xoxo
Carrie

Monday, May 16, 2011

Summit nabs 'Snitch' for U.S.


Exclusive does brisk business at Cannes

Exclusive: CANNES --- Summit has snapped up U.S. distribution rights to action thriller ''Snitch,'' helmed by Ric Roman Waugh.
Pic, which toplines Dwayne ''The Rock'' Johnson, is being co-financed by Exclusive Media, Participant Media and Imagenation Abu Dhabi.
Exclusive Films International is handling global sales, which kicked off at Cannes this week, and title has been one of the buzz titles selling here on the market.
Exclusive is producing the pic with Johnson and his producing partner Dany Garcia as well as Frontline's David Fanning.
''Revolutionary Road'' scribe Justin Haythe penned the story, inspired by the Fronline docu.
Story follows a suburban father (Johnson) who is hit hard when his teenage son is sentenced to 10 years under mandatory minimum drug laws. In order to reduce his son's sentence, the father goes undercover to serve up a senior drug dealer.
Exclusive have been busy here in Cannes, selling ''Snitch'' to international distribs and Jake Gyllenhaal starrer ''End of Watch.

variety
xoxo
Carrie
 

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