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Summit Entertainment

Latest News

  1. 'Twilight: Breaking Dawn' Headed North of $710 Mil, A Franchise Best

    10:19 am 1/22/2012

    Lionsgate and Summit trumpet the victory in their first joint release since announcing the merger; through Sunday, the fourth outing in the blockbuster vampire series has earned $701.3 worldwide.Read more

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  2. Moody's Considering Debt Rating Upgrade For Lionsgate After Summit Takeover

    1:36 pm 1/20/2012

    The positive response to the indie studio's $412.5 million takeover follows a similar greenlight from rival agency Standard & Poor's.Read more

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  3. Standard & Poor's Puts Lionsgate on Creditwatch Positive Post-Summit Takeover

    2:15 pm 1/18/2012

    The ratings agency said the mini-major issued minimal debt to complete the takeover of the "Twilight" studio and had improved its "business risk profile." Read more

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  4. Analysts: Lionsgate's Summit Takeover Driven by 'Twilight' Franchise Cash Flows

    9:17 am 1/17/2012

    The indie studio gets positive reviews for its $412 million leveraged buyout as it discloses some more terms of the deal and its stock hits a 52-week high. Read more

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  5. 'Man on a Ledge' Cast Sound Off on First Time Filmmaker, Asger Leth (Video)

    7:34 pm 1/13/2012

    Sam Worthington and Elizabeth Banks star in the Summit thriller, due in theaters on Jan. 27.Read more

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  6. Summit Chiefs Rob Friedman and Patrick Wachsberger Talk Lionsgate Future

    4:11 pm 1/13/2012

    “What we’ve made clear is we have two businesses running parallel,” Summit co-chairman Rob Friedman told The Hollywood Reporter in an interview on Friday. “They are merging but they are going to continue operating [separately].”Read more

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  7. Who Wins and Loses as Lionsgate Buys Summit

    10:28 am 1/13/2012

    THE REPORT: Analysts predict the moneymaking "Twilight" franchise will pay back what the studio will spend on the acquisition.Read more

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  8. Wall Street Analysts Chime in on Possible Lionsgate-Summit Deal

    6:10 am 1/9/2012

    Observers like the combination of the "Hunger Games" and "Twilight" studios, with one saying that “M&A has been an important element of value creation for Lionsgate.”Read more

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  9. Lionsgate Close to Deal to Buy Summit; Friedman and Wachsberger Likely to Remain

    5:05 pm 1/7/2012

    The long-discussed combination of two of Hollywood's top independent studios is nearly a done deal. Read more

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  10. Investment Quebec Confirms Alliance Films For Sale

    12:11 pm 1/3/2012

    The Quebec government arm cites a new investment focus for pacting with Goldman Sachs to shop the Canadian indie distributor and its 11,000-strong film library. Read more

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