CALIFORNIA | LOCAL
September 17, 2013 | By Ryan Faughnder
"Now You See Me," which became a surprise hit when it was released in theaters in May, is topping charts in home entertainment. For the week ended Sept. 7, it was the bestselling DVD and Blu-ray title in its first week on retail shelves, according to Rentrak. The Summit Entertainment film, which stars Jesse Eisenberg, follows a team of investigators as they pursue a group of bank-robbing illusionists. ON LOCATION: Where the cameras roll "Now You See Me" was also the top video-on-demand title and reached No. 1 on iTunes, Amazon, Vudu and Xbox during the last week, noted Lionsgate, which owns Summit. At the box office, the film grossed $117 million domestically and more than $200 million internationally.
ENTERTAINMENT
May 31, 2013 | By Ryan Faughnder
These guys really don't like “Twilight.” First, they ripped on the teen vampire franchise with a raunchy parody film. Now they're suing the makers of “Twilight” for $500 million. Between the Lines Productions, the company responsible for the parody “ Twiharder ” starring and executive produced by John Gearries and Christopher Sean, has sued Lions Gate Entertainment Corp. and Summit Entertainment, accusing them of derailing the movie. (See the trailer here .)
ENTERTAINMENT
May 31, 2013 | By Ryan Faughnder
Young adult movies are the ticket for Lions Gate Entertainment Corp., maker of the “Twilight” and “Hunger Games” sagas. Movies based on teen-oriented books helped the company swing to profit in its fiscal fourth quarter and it's looking ahead to similar offerings that will debut this year and next. “We're obviously not the only ones mining the young adult space, but owning the top young adult franchises, 'Hunger Games' and 'Twilight,' gives us enormous catalyst,” said Jon Feltheimer, Lions Gate's chief executive officer, in a conference call with analysts Friday.
ENTERTAINMENT
November 18, 2012 | By Amy Kaufman
In the end, "Breaking Dawn" couldn't generate as much light as "New Moon. " The fifth and final "Twilight" film hit theaters this weekend and did incredible business, grossing $141.3 million domestically, according to an estimate from distributor Summit Entertainment. Although that is a fantastic start for "The Twilight Saga: Breaking Dawn - Part 2," the film came in just shy of the franchise opening-weekend record held by 2009's "New Moon" with $142.8 million. However, the final "Twilight" film could easily become the highest-grossing domestic film in the "Twilight" franchise, surpassing the record $300.5 million the third film, "Eclipse," made in 2010. Those Twi-hards who saw the movie this weekend loved it, assigning the movie an average grade of A, according to market research firm CinemaScore.
ENTERTAINMENT
September 10, 2012 | By Nicole Sperling
"The Impossible," from director Juan Antonio Bayona ("The Orphanage"), offers a fictionalized account of one family's real-life experience of being caught in the 2004 Indian Ocean tsunami, which killed close to 300,000 people. The film premiered Sunday night to an intensely engaged audience at the Toronto International Film Festival. "The Impossible," starring Ewan McGregor and Naomi Watts, is part horror film, part triumph of spirit. The happy parents of three young boys vacationing in Thailand during the Christmas holiday are torn apart when the tsunami strikes in the middle of a sunny day. The movie illustrates the family's post-tsunami journey - the oldest son must help his very injured mother to safety, while the father is left with the two youngest boys, trying desperately to locate his wife and eldest child.
NEWS
July 30, 2012 | By Ben Fritz
Executives at Lions Gate Entertainment Corp. received significantly increased bonuses in the last fiscal year, following the Santa Monica studio's successful launch of "The Hunger Games," its acquisition of Summit Entertainment and a more than 100% rise in its stock price. Details on the compensation of top executives at Lions Gate were disclosed in the company's proxy filing with the Securities and Exchange Commission before its annual meeting, which will be held Sept. 11 in Toronto.