Summit, HBO Sign Five-Year Output Deal
Summit Entertainment has struck a new, five-year output deal with HBO that will see the minimajor's films airing on the pay cable channel beginning in Jan. 2013.
Summit has been distributing its movies through Showtime, where it made a previous deal in 2008 that included as many as 42 movies, including the Twilight movies.
When its new agreement with HBO kicks in, Summit titles that are excepted to appear on Time Warner's pay cable channel include the upcoming Highlander; Ender's Game, an adaptation of the Orson Scott Card novel, and the 3D disaster pic Pompeii.
The deal, which runs through the end of 2017, was announced Thursday by Bruce Grivetti, HBO president, film programming, and Summit Entertainment co-chairman and CEO Rob Friedman. It makes Summit the only minimajor to have an exclusive output deal with HBO.
"We are extremely happy to have Summit Entertainment as our newest partner," Grivetti said. "HBO is committed to delivering the best filmed entertainment to our subscribers and we believe Summit, an innovative and exciting producer, will play a vital role in the fulfilment of this promise."
"We are proud to be in business with HBO and have our films programmed alongside many of the industry's leading studios," Friedman added.
Summit's president of domestic television distribution Alex Fragen and HBO's senior vp of film programming Doris Casap represented the studio and network in negotiations.