Erik Feig now shares the co-president title of Lionsgate Motion Picture Group with Steve Beeks, who continues as co-COO of Lionsgate. The long-term deal, terms of which were not disclosed, comes after the former head of production at Summit helped oversee a film slate that made more than $2.3 billion at the 2013 box office including The Hunger Games: Catching Fire and Now You See Me. Here’s today’s release:
SANTA MONICA, CA, February 25, 2014 – Motion picture executive Erik Feig has been promoted to Co-President of Lionsgate’s Motion Picture Group and has signed a new long-term agreement, the Company announced today. He oversees all aspects of feature film development and production for the Company’s Lionsgate and Summit film labels.
The Company’s feature film slate generated more than $2.3 billion at the global box office in 2013, led by the second film of Lionsgate’s blockbuster Hunger Games franchise, The Hunger Games: Catching Fire, the 10th highest-grossing film of all time at the domestic box office, and Summit’s sleeper hit Now You See Me, which grossed more than $350 million worldwide.
“Erik has assembled a tremendous production slate over the past two years, and he will be a critical, innovative and disruptive part of our future as we continue to evolve as a next generation global content leader,” said Lionsgate Chief Executive Officer Jon Feltheimer.
Read More »
EXCLUSIVE: In the culmination of a courtship that began last spring, Lionsgate has completed a deal to turn the bestselling Amor Towles novel Rules Of Civility into a feature film. The book was published in July 2011 by Viking/Penguin. Lionsgate Motion Picture Group production president Erik Feig spent most of this year pursuing the author, and it finally resulted in a deal. Set in New York City in 1938, Rules of Civility focuses on 25-year-old Katey Kontent and her attempt to rise above the Wall Street secretarial pool into the upper echelons of New York society at the end of the Depression. As much as anything, her challenge is to not lose herself in the romance in Gotham’s high society. Read More »
EXCLUSIVE: There’s more movement on the Summit Entertainment and Lionsgate film front now that the two companies have become one. I’ve just learned that Summit Entertainment’s President of Worldwide Production and Acquisitions Erik Feig will be named President Of Production of the Lionsgate Motion Picture Group. Feig has worked at Summit for the past 11 years. Then 2 years ago Walt Disney Studios boss Rich Ross tried to woo the billions-dollar-franchise Twilight Saga guru away from Summit. But Feig stayed loyal and, besides, he was still under contract and has been a partner at Summit since 2007. As for Lionsgate’s Joe Drake and Alli Sheamur, their positions remain the same for now although I hear that Sheamur is talking to Lionsgate about her future role at the company. “She’ll continue to focus on the movies shes working on,” an insider tells me, “and they’re trying very hard to keep her there.” Read More »
EXCLUSIVE: Summit Entertainment has acquired feature rights to Deadmail, a novel by Laurie Frankel that created a stir at the recent Frankfurt Book Fair. Twilight Saga producers Marty Bowen and Wyck Godfrey of Temple Hill will produce. The novel is a love story about letting go, where a computer genius invents a way for people to email loved ones who have passed on. When he unexpectedly loses the woman he loves, he must face his own creation to keep her close or lose her forever. Summit production president Erik Feig and exec Jeyun Choi will oversee it along with Temple Hill’s Adam Londy.
The book won’t be published until next year by Doubleday, and Deadmail sold in 14 other territories at Frankfurt. That gives Summit and the producers a chance to be far along on a script when the book comes out. Summit and Temple Hill release Twilight Saga: Breaking Dawn — Part 1 next Friday (fans already are camping out for it). The book deal was brokered by UTA for The Friedrich Agency. Deadmail is the second novel by Frankel, who debuted with The Atlas Of Love last year.
EXCLUSIVE: Summit Entertainment has set Scott Speer to direct the fourth installment of the Step Up franchise. Like the last one, Step Up 4 will be done in 3D. The new film will be set in the backdrop of Miami. Speer is replacing Wade Robson, who dropped out for personal reasons that would have kept him from making the planned summer start date. The script’s being written by Jenny Mayer and produced by Offspring Entertainment’s Jennifer Gibgot and Adam Shankman, along with Summit’s Patrick Wachsberger and Erik Feig. Jon Chu, who directed the last two Step Up installments, will be exec producer. Speer is a music video/commercials director who has helmed vids for Jordin Sparks, Will.I.Am, Jason Derulo and Orianthi Lacey, and he also collaborated with Chu on the TV episodes The LXD: The Legion of Extraordinary Dancers. He’s repped by WME and Principato Young.
Verve, the upstart lit agency hatched by Bryan Besser, Bill Weinstein and Adam Levine in January 2010, today made its first agent promotion from within by giving Rob Herting his dealmaker stripes. They made it memorable, with help from Summit production chief Erik Feig. Read More »
The start of Summit Entertainment’s trajectory began when the mini-major convinced Stephenie Meyer to sell her Twilight Saga book series after she’d been left so frustrated by how Paramount Pictures let it languish. Was it a billion dollar lucky break? As the vampire-werewolf series that fueled Summit’s recent $750 million refinancing comes to a close, Summit has bet heavily on books for its future franchises. Under production chief Erik Feig, Summit has been as prolific a buyer of books as any studio in town over the past two years. Most are conducive to young casts.
As Deadline predicted, Summit Entertainment has closed a screen rights deal for Veronica Roth’s young adult novel Divergent, which will be published by the HarperCollins imprint Katherine Tegen Books. It takes place in a futuristic dystopia where society is divided into factions as kids are categorized based on human traits. A teenage girl and guy rebel against the labels, which is a very dangerous thing to do. The buying community has compared it to The Hunger Games in tone and violent content. Red Wagon’s Doug Wick and Lucy Fisher will produce with Pouya Shahbazian. The latter works for FinePrint Productions and stirred up some dust in the early deal brokering with what I’m told were high demands like 35% of the fee from whatever established producer came onto the picture, even though the book fell … Read More »
EXCLUSIVE: Summit Entertainment has acquired world rights to The Night Circus, a first novel by Erin Morgenstern that will be published by Knopf Doubleday Publishing Group in September. The book is the story of two young prodigy illusionists in the 19th Century who are groomed to battle out their fathers’ age-old rivalry in an enchanted circus created just for their competition. They complicate matters when the young man and woman fall in love.
The book was a much-buzzed about title at the 2010 Frankfurt Book Fair. Summit president of production Erik Feig chased it hard, and came away with the rights after a persuasive meeting with lit agent Richard Pine, who had planned to hold meetings with all studios after the holiday. Those meetings were canceled while Pine ‘s Inkwell Management and UTA made a deal that covers both movie and TV rights. The aspiration is to make a film first, and then possibly consider TV options. Pine will be exec producer, and Feig will oversee development with exec Jeyun Choi for Summit.
“The Night Circus sets a spell on the reader from its very first page and we cannot wait to find the right filmmaker and cast to make the world come as inordinately alive as it does in the mind’s eye,” Feig said in a statement.