April 24, 2024

Lionsgate Acquires Summit Entertainment

It's official, Lionsgate has acquired Summit Entertainment. Lionsgate closed its leveraged buyout of Summit in a deal for $ 412.5 million in cash and stock and the assumption of Summit’s $ 500 million debt reports Reuters. This brings together two of Hollywood's biggest mini-majors into an entity which will now control the "Twilight" franchise, … [Read more...]

Lionsgate Adapts “Chaos Walking” Trilogy

Lionsgate has scored worldwide rights to develop, produce and distribute a film series based on Patrick Ness' award-winning, best-selling young adult novel trilogy "Chaos Walking". The story is set in a dystopian future when humans have colonised a distant earth-like planet. When an infection called the Noise suddenly makes all thought audible, … [Read more...]

Lionsgate Gets “Dead Island” Film Rights

Lionsgate has optioned the film rights to the zombie-themed video game "Dead Island" from publisher Deep Silver says The Hollywood Reporter. The game follows a family that has the bad fortune to vacation in an island paradise during a contagious zombie outbreak. The family is cut off from the rest of the world and has to protect the other … [Read more...]

Lionsgate Sneaks “Warrior” This Weekend

Lionsgate has announced a special sneak preview screening program for their upcoming sports drama "Warrior". The screenings will be held on Sunday, September 4th at 7pm in theaters across the United States. To promote the sneak previews, Lionsgate has partnered with Twitter to designate the hashtag #WARRIORMovieSneakPreview. This will give … [Read more...]

Lionsgate posts Q1 earnings of US$12.2M

VANCOUVER - Lionsgate Entertainment Corp. (NYSE:LGF) reports fiscal 2012 first-quarter net income of US$ 12.2 million or nine cents per share, compared with a net loss of US$ 64.1 million or 54 cents ... Vancouver News latest RSS headlines - Big News Network.com … [Read more...]