The Twilight Saga films may be over, but the battle for money from the blockbuster franchise is not. Financier Goldcrest Film Distribution hit Summit today with a multimillion-dollar breach of contract lawsuit (read it here) over the …
After the six major studios wrapped up their turns in front of the CinemaCon convention goers with 20th Century Fox earlier today, it was Lionsgate‘s turn to carry the flag for the indie sector, even though NATO’s John Fithian said last year that in Lionsgate we are seeing the birth of the “seventh major studio”. And although some of the speakers during the company’s relatively brief presentation this afternoon took up that mantle, Lionsgate in its sizzle reel actually touted the fact that they are the only non-major to actually go over $1 billion in a single year — certainly thanks to the dynamic duo of Summit’s Twilight finales and The Hunger Games, which became the third-highest-grossing film of 2012 with more than $400 million domestically. So are they are a major? A mini-major? A true independent? Or just a money-minting film company with a couple of franchises the real majors would kill for (and in the case of Twilight actually passed on — ouch).
But as befits any wannabe major, a spiffier, more corporate logo was in order, and as Deadline reported earlier they debuted it for the theatre owners here in Las Vegas. As distribution head Richie Fay put it during his turn onstage, “Lionsgate is an overnight success that was 12 years in the making”.
As far as the presentation went, Lionsgate certainly took an independent route from the way the majors have behaved all week, offering a musical-chairs lineup of executives taking their turn in front of delegates who crowded into the Colosseum to check out the product. In addition to Fay, we also heard from CEO and co-founder Jon Feltheimer, co-chairman of Lionsgate Motion Picture Group Rob Friedman and AMC theatres exec Elizabeth Frank, who pointed out the company released 20 major films in 2012 and led the field 11 separate weeks. She said her company was looking forward to the 17 movies on tap this year and many of them were showcased for the first time over the course of the 80-minute show emceed by comedian Kevin Hart.
UPDATE: Lionsgate’s announcement today of a reorganization of international operations looks to be one of the final elements to its integration of Summit. But the impact of the companies’ consolidation has yet to be fully borne out on an international scale. The upcoming Cannes Film Festival should be a good indicator of the future shape of the new entity. Following the departure in February of Summit International president David Garret – announced during the EFM in Berlin – Lionsgate today confirmed speculation that head of international Helen Lee Kim is also departing. She will remain through the Cannes market which runs from May 16-25, however, and is expected to fully exit near the end of the year. After laying off about 80 staff across the two companies in March, I hear that no further firings came as a result of today’s restructure.
This teaser trailer is another example of the synergy between Summit and Lionsgate after the two became one in January. It merges the November 16th finale Breaking Dawn – Part 2 for Hollywood’s biggest teen-centered movie franchise of The Twilight Saga with what Lionsgate hopes is an even bigger franchise The Hunger …
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.”
Summit Entertainment got a head start on on awards season the day after Labor Day, September 6, by sending out DVD screeners of their boxoffice-challenged A Better Life. Because this Oscar hopeful is a small human drama they opened June 24 (the same ”good luck” weekend Best Picture winner The Hurt Locker opened two years ago) the company knew they would have to define it in different ways. It became the first movie of the season to set up Q&As in June with star Demian Bichir for SAG’s then-newly formed nominating committee. Bichir and director Chris Weitz have since been doing receptions for press and awards voters, lots of interviews and generally beating the drum for their “little movie that could.” Both appeared for a Q&A at Deadline’s The Contenders event December 10 at the Landmark. Weitz was blunt about the importance of achieving recognition for the film even though it has been out on commercial DVD since October. “I’m glad some of the gloves came off during the moguls panel about wanting to get nominated. We lost the first round at the boxoffice but we’re going to keep fighting,” he said. He knows the film won’t get a Best Picture nomination but is hoping there will be recognition for Bichir. “The film is giving voice to the 11 million people (illegal immigrants) who will not be watching the Academy Awards, but millions of other people will be watching. I’m betting the President of the United States will be watching as well. This is our moment for the film.”
The movie about an illegal immigrant gardener Carlos Galindo (Bichir) who tries to create a better life for his U.S. born son — while also trying to stay and work in the country himself — has been a long shot. It pulled off a major coup December 14 when the SAG Awards announced their five nominees for Best Actor and leading the list was none other than Bichir who was understandably thrilled. “My name starts with a ‘B’ so I thought if I get it I am gonna be first. It was almost like a joke or something but then it happened,” he told me during a recent phone interview.
Can Presidential politics actually boost the profile of an under-the-radar Oscar hopeful? That could be a scenario the multitudes of awards consultants working on Summit Entertainment’s summer indie, A Better Life starring Demián Bachir might consider as they try to draw voter attention to this well-reviewed June release which grossed less than $2 million in its domestic release. Because the film puts a very human face on the hot button issue of illegal immigration. This is really a touching father-son story about an undocumented Los Angeles laborer trying to forge a better life for his kid while keeping him away from gangs. Its reps hope to gain recognition not just for the pic but also for Bichir in an uphill campaign against much higher profile Best Actor contenders like George Clooney, Brad Pitt, Leonardo DiCaprio, Gary Oldman, Ryan Gosling and others. Year-end recognition from critics groups could really help Bichir and this film which now stands at 86% positive on Rotten Tomatoes. Summit’s 2009 Best Picture winner, The Hurt Locker also was a low grosser and a June release — but saw its Oscar stock soar when it started winning those critics awards.
At what was billed as a DVD release party this week, but which really served as an awards season campaign kickoff, I noticed several Academy members in attendance. The packed event at Culina in Beverly Hills had lots of political talk, much of it about the GOP presidential debates where candidates are engaged in tough ‘kick em out of the country’ rhetoric on the subject of illegal immigrants in America. A Better Life director Chris Weitz told me he’s outraged by the way politicians are using the plight of undocumented workers to score political points during the Republican debates. He says the whole experience of making the film has really “politicized” him in a way he hadn’t imagined.
From the presidential race to the Oscar race, A Better Life has longer odds. “What can we do to help this film?” one frustrated awards consultant asked me while noting the stiff competition out there. It’s a frequent question I hear from awards campaigners who usually employ parties, Q&A screenings, and getting its lesser known stars (in the U.S. at least) out there on the awards “circuit”. But I say Oscar strategists just might want to look no further than the Hollywood-bashing GOP for some ironic help. After all, Republicans are giving immigration lots of TV time almost weekly during their contentious debates. Tagging on to presidential politics might be one way to keep the film talked about and relevant, even in the shadow of the all the big Academy Awards contenders to come in the last two months of the year. Summit smartly employed that strategy with The Hurt Locker when it hit the Oscar trail by emphazing its topicality and credibility after initially marketing it as a suspenseful war movie.