January 16, 2017

Summit, Lionsgate reportedly resume merger talks


By Sean O’Connell
Hollywoodnews.com: They each have a lucrative, signature franchise under their belt, Summit in “The Twilight Saga” and Lionsgate in the upcoming “Hunger Games” adaptation. And yet, discussions for the two studios to merge resumed yesterday with an eye toward forming a major studio out of two independent distributors.

Sources from the companies declined comment on the story.

This isn’t the first time that the studios have discussed a merger. And various stories detailing the potential merger this time out have also suggested that other small-to-medium-sized studios (that have opted to remain anonymous at this point) could also join the company to expand the new company’s reach.

Experts tell The Wrap that the merger between the two companies is “long overdue.” Each bring something unique to the table. Summit has been in the distribution game since 2007, and is coming off of the massive hit “Breaking Dawn, Part 1.” Lionsgate, meanwhile, has had success in the television field as well as in film, distributing Sylvester Stallone’s surprise hit “The Expendables” as well as Tyler Perry’s filmography.

Hollywood News on Twitter for up-to-date news information.

Hollywood News, Hollywood Awards, Awards, Movies, News, Award News, Breaking News, Entertainment News, Movie News, Music News

About Sean O'Connell

Sean O'Connell is a nationally recognized film critic. His reviews have been published in print ('The Washington Post,' 'USA Today') and online (AMC FilmCritic.com, MSN's Citysearch) since 1996. He's a weekly contributor to several national radio programs. He is a longstanding member of the Broadcast Film Critics Association (BFCA), the Online Film Critics Society (OFCS), and the Southeastern Film Critics View all articles by Sean O'Connell Association (SEFCA).

Follow us

Breaking Hollywood News   


UPDATES BY EMAIL

Leave a comment

You must be logged in to post a comment.