Entertainment Weekly (EW) has reportedly announced that the rumors that Lionsgate might buy Summit is unlikely, woohoo!!
EW
Reports that Summit — the studio behind the Twilight movie (pictured) — and Lionsgate, the makers of the Saw franchise, are discussing a merger have been greatly exaggerated, EW has learned. Following a report yesterday on Sharon Waxman’s new website The Wrap, which revealed that the two indie studios are in fact having conversations about a corporate marriage, a source tells EW that those discussions actually occurred before Summit took the $37 million Twilight and turned it into a $340 million worldwide franchise. Now that they’ve got a real hit on their hands, Summit is going it alone for the time being, with the Dakota Fanning-starrer Push releasing on Friday, and New Moon, the studio’s Twilight sequel, scheduled for a Nov. 20 bow.
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Eh that’s what I thought, I mean it would be stupid if Summit even sold the rights to the Twilight franchise for less then a billion dollars! And at this time who has that much money just to whip out? I doubt it will happen so I think everyone can unbunch their panties… For now!
Whatcha think?!
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