Hot Trailer: ‘Now You See Me’

By THE DEADLINE TEAM | Friday November 16, 2012 @ 4:59pm PST

Lionsgate/Summit conjured this trailer for the heist movie in which a team of illusionists rob banks during their performances and share the booty with their audiences. Louis Leterrier directs from a script by Boaz Yakin and Edward Ricourt. Jesse Eisenberg, Isla Fisher, Morgan Freeman, Woody Harrelson, Mark Ruffalo, Michael Caine, Elias Koteas and Common star in Now You See Me. Opens June 7th, 2013:

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Who Has ‘Divergent’ Chemistry With Shailene Woodley?

Mike Fleming

Summit Entertainment is bearing down on the male lead in Divergent, the adaptation of the Neil Burger-directed adaptation of the Veronica Roth novel that will star Shailene Woodley. She’s the next hot gal after a breakout performance in The Descendants, followed by scoring the Mary Jane role in The Amazing Spider-Man sequel. I’m told that Summit held Divergent “chemistry” readings yesterday that paired Woodley with four young actors: Luke Bracey, Brenton Thwaites, Lucas Till and Jack Reynor.

Since I barely got my high school Regent’s diploma with a 65 in chemistry (at the time it was a jump shot at the buzzer following the 32 I scored in trigonometry), I am the wrong person to ask about who emerged with a leg up by acing this chemistry test. But I think it means we should have a winner shortly, and it likely will be one of these up and comers. Read More »

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UPDATE: Twilight Fans Set Up Tent City For Monday’s ‘Breaking Dawn Part 2′ Premiere

UPDATE: More photos of global Twi-Hards at the Summit Entertainment-hosted tent city in Downtown LA and are assigned their “camping spot” at LA Live in front of the Nokia Theater. Fans line up for Monday’s premiere of the last movie in the Twilight Saga series – Breaking Dawn Part 2:

 

Twilight Fan Camp Los Angeles Breaking Dawn Part 2

Do not diss these fans from around the world today braving the rain and beginning to arrive at the Summit Entertainment-hosted fan camp in Downtown LA. Given the precarious state of the North American box office, an event pic like this is just what the doctor ordered for Hollywood’s up-and-down box office. If you’re experiencing deja vu, that’s because this mania happens every time Summit has released one of Stephenie Meyer’s Twilight Saga novels as a film since 2008. But now the series is coming to a end. Here are photos of Twi-hards waiting to be assigned their ”camping spot” at LA Live in front of the Nokia Theater. All to glimpse the stars of the final installment Breaking Dawn Part 2 walk the red carpet at Monday’s premiere — especially Kristen Stewart and Rob Pattinson, together again — and live-streamed on Yahoo Movies. This year Summit is offering camping spots to 2,200, making this the franchise’s largest camp to date and nearly double last year’s. The studio has planned various events to relieve the inevitable boredom of the campers this weekend: fitness workouts, musical concerts, cast breakfasts, and Twilight Saga screenings. Meanwhile the big online ticket-sellers already are doing a brisk business for the film which releases in North America at 10 PM on November 15 at many local theaters and then around the world via multiple show times November 16th. Theater owners will be scrambling all Thursday to add more screenings to meet fan demand. Advance ticket sales for the film accounted for nearly 30% of MovieTickets and Fandango sales for Wednesday. Here’s the LA Live weekend schedule: Read More »

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Shailene Woodley Near ‘Divergent’ Deal

By MIKE FLEMING JR | Thursday October 18, 2012 @ 2:33pm PDT
Mike Fleming

Shailene Woodley Movie DivergentEXCLUSIVE: Suddenly, The Descendants breakout Shailene Woodley has become the hot young actress in town. She’s in talks to play the Mary Jane role in The Amazing Spider-Man sequel, and now I hear she is … Read More »

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Lionsgate Sees $800M Revolving Credit Facility As Endorsement By Banks

By DAVID LIEBERMAN, Executive Editor | Thursday September 27, 2012 @ 12:20pm PDT

Media companies usually don’t crow about the size of their revolving credit facilities. But Lionsgate‘s release today makes it clear that it sees its new deal as a vote of confidence by the banking community in the independent studio’s prospects following its acquisition of Summit Entertainment and success with The Hunger Games. JPMorgan Entertainment Industries Group’s David Shaheen calls it “a testament to the Company’s strong relationships with the financing community and the value of its franchises and filmed entertainment library, and it reflects the significant recent expansion of the Company’s borrowing base.”

The new facility replaces the five-year one due to expire this July. It carries the same interest rate, LIBOR plus 2.5% — which translates to about 3% in today’s low interest rate environment. That should enable the studio to pay down its $436M in high-yield debt which carries a 10% interest rate, potentially resulting in a savings of as much as $30M a year just on interest payments. Big as the Lionsgate facility is, it’s still smaller than Viacom’s $2B facility in 2010 and DreamWorks Animation’s $1B one in 2003.

Here’s the release: Read More »

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Lionsgate Dates Dwayne Johnson’s ‘Snitch’, Moves ‘I Frankenstein’

By THE DEADLINE TEAM | Tuesday September 18, 2012 @ 11:48am PDT

Lionsgate is pushing back the release of its I, Frankenstein to September 13, 2013. That makes room for Summit‘s Dwayne Johnson-starrer Snitch, which has now been set for Frankenstein‘s original date of February 22, 2013. The Ric … Read More »

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‘Twilight: Breaking Dawn Part 2′ Online Presales Set For October 1

UPDATED: Fandango and MovieTickets.com are opening for business six weeks before the finale in Summit Entertainment‘s franchise is released — The Twilight Saga: Breaking Dawn Part 2 hits theaters November 16. Advance tickets for … Read More »

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‘Divergent’ Scheduled For March 21, 2014

By THE DEADLINE TEAM | Wednesday September 12, 2012 @ 6:09pm PDT

Lionsgate’s Summit Entertainment announced today that the filmed adaptation of the young-adult adventure novel Divergent, which Neil Burger has been set to direct, will open wide in North America on March 21, 2014. So far, it has … Read More »

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‘Twilight’ Marathon Headed For Theaters; Early Screenings Set For ‘Breaking Dawn 2′

Twilight Breaking Dawn Movie PremiereSummit Entertainment is partnering with exhibitors to show the first four movies in the Twilight Saga franchise November 15, a day before the official release of the final film in the series, The Read More »

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Kathryn Bigelow, Summit Fight Back In ‘Hurt Locker’ Suit With Army Vet

The Oscar winning director, the studio and screenwriter Mark Boal say the First Amendment protects them in use of elements of Jeffrey Sarver’s life in The Hurt Locker. “By any … Read More »

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Summit Enlists For Reese Witherspoon & ‘Princess Boot Camp’ Novel

By MIKE FLEMING JR | Monday July 30, 2012 @ 3:49pm PDT
Mike Fleming

Reese Witherspoon Pennyroyal Princess Boot CampEXCLUSIVE: Summit Entertainment has acquired feature rights to Pennyroyal’s Princess Boot Camp, the M.A. Larson novel that had been optioned by Reese Witherspoon and Bruna Papandrea and their Pacific Standard production banner. Witherspoon latched onto the book early with the intention of playing a supporting role as well as producing. It was the first project they picked up when Pacific Standard was formed in March. The unpublished novel was recently picked up by Putnam Children’s for a two-book series. Read More »

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Summit Leaving Aurora-Offensive Scene In ‘Step Up Revolution’

UPDATE: That Summit Entertainment meeting discussing the scene is over – and the studio is leaving it in the film. The problem was that the pic opens Friday in 2,500 theaters. What audiences will see when Step Up Read More »

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Summit, Participant Tap Ric Roman Waugh To Helm ‘Deepwater Horizon’ Oil Rig Disaster

Mike Fleming

EXCLUSIVE: Ric Roman Waugh is in negotiations to direct Summit Entertainment and Participant Media’s Deepwater Horizon, the drama about the April 20, 2010 of the oil rig in the Gulf of Mexico that caused a massive offshore … Read More »

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Hot Trailer: ‘Alex Cross’

By THE DEADLINE TEAM | Tuesday June 26, 2012 @ 10:08am PDT

Deadline’s readers have been split from the beginning about the casting of Summit Entertainment’s Alex Cross, based on the James Patterson detective novels. It certainly is a jolt to see Tyler Perry and even Lost‘s Matthew Fox in dramatic-action tough-guy modes in this trailer, so it will … Read More »

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Hot Teaser Trailer: ‘Twilight Saga: Breaking Dawn Part 2′

Happy birthday, Edward Cullen. In honor of the vampire’s 111th birthday today, Summit has released a new teaser trailer for The Twilight Saga: Breaking Dawn Part 2. The film is due in theaters November 16. After yesterday’s 10-second teaser sneak, there’s a full 1 minute and 18 … Read More »

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Hot Teaser Sneak: ‘The Twilight Saga: Breaking Dawn Part 2′

A full teaser trailer for The Twilight Saga: Breaking Dawn Part 2 will be released tomorrow — in honor of Edward Cullen’s 111th birthday. In the meantime, Summit offers up a 10-second peek at the teaser.

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No ‘Twilight’ Reboot Planned By Lionsgate – Yet

Summit Entertainment just phoned me to publicly deny an Internet report that its parent company Lionsgate already is drawing up plans to remake the Twilight Saga by the 5th anniversary of the insanely successful movie and book series … Read More »

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Lionsgate Reports Fiscal Q4 Loss Due To Summit Acquisition Costs

By DAVID LIEBERMAN, Executive Editor | Wednesday May 30, 2012 @ 1:43pm PDT

Lionsgate Earnings Q4 2012This was a weird quarter for the independent studio. The good news? Revenues of $645.2M were up 71% vs. the quarter last year that ended in March, largely due to the box office bonanza from The Read More »

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Alex Proyas To Direct ‘Gods Of Egypt’ For Summit

By MIKE FLEMING JR | Thursday May 17, 2012 @ 3:27pm PDT
Mike Fleming

Alex Proyas Gods Of EgyptAlex Proyas is making a deal to direct Gods Of Egypt for Summit Entertainment, and write the script with Matt Sazama and Burk Sharpless. Set amongst the pyramids and sphinxes, the film is the story … Read More »

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