What happens to a movie studio that lives and dies by one franchise — when that franchise is over? Well, according to Deadline, that studio gets purchased by a larger fish. To be more specific, it sure looks like Lionsgate is *this* close to signing a $ 700,000,000 purchase order for the whole of Summit Entertainment. Here’s what that price tag includes:
Twilight
Twilight 2: New Moon
Twilight 3: Eclipse
Twilight 4a: Breaking Dawn
Twilight 4b: Breaking Dawn 2
Oh, and also this stuff:
50/50
Astro Boy
Bandslam
The Beaver
A Better Life
The Brothers Bloom
The Darkest Hour
Drive Angry
Fly Me to the Moon
Furry Vengeance
The Ghost Writer
The Hurt Locker
Knowing
Letters to Juliet
Man on a Ledge
Never Back Down
Next Day Air
Penelope
P2
Push
Red
Remember Me
Sex Drive
Sorority Row
Source Code
The Three Musketeers
Yes, there are some truly solid films in that list, but overall it’s not all that pretty. One logically assumes that this deal would transfer all of Summit’s upcoming titles (like The Cold Light of Day, The Impossible, Sinister, and Ender’s Game) to the folks at Lionsgate. More on this deal as it closes.