Patrick Wachsberger News
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Lions Gate Entertainment Corp., the independent film studio behind “The Hunger Games,” reported a quarterly profit that beat analysts’ estimates on ticket sales for the final “Twilight” and improved international results.
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Lions Gate Entertainment Corp. acquired “Twilight” producer Summit Entertainment LLC for $412.5 million in cash and stock, uniting two of Hollywood’s largest independent studios.
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Lions Gate Entertainment Corp. is near an agreement to buy “Twilight” producer Summit Entertainment LLC for about $700 million including assumed debt, according to people with knowledge of the situation.
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Until “The Hunger Games,” the biggest movie for Lions Gate Entertainment Corp. was “Fahrenheit 9/11,” the Michael Moore war commentary that took in almost $120 million in U.S. theaters.
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Lions Gate Entertainment Corp., the independent studio behind “The Hunger Games” teen adventure movies, reported third-quarter revenue that declined more than analysts predicted after releasing no hit in the holiday period.
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Lions Gate Entertainment Corp., the independent film and TV company, is in merger talks with Summit Entertainment LLC, the studio behind the “Twilight” vampire movies, three people with knowledge of the situation said.
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Nina Jacobson, who brought “The Hunger Games” to Lions Gate Entertainment Corp. and produced that studio’s biggest hit ever, knows what it’s like to be on top in Hollywood. She also knows something about the bottom.
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Lions Gate Entertainment Corp., the independent studio behind the “Saw” horror movies, rose to the highest level in more than four years on prospects for the March release of the film “The Hunger Games.”
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Lions Gate Entertainment Corp., the independent studio that bought the producer of the “Twilight” movies, rose to the highest closing price in more than four years after outlining post-purchase plans.
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