Does Hollywood now have a seventh major in Lionsgate-Summit?
Summit Release Dates
Summit Entertainment and Lionsgate have agreed to walk down the aisle, combining the town's leading minimajors in a complex cash and stock deal worth $412.5 million.
Summit Entertainment will open the fifth and final "Twilight" film Nov. 16, 2012 -- nearly a full year after the fourth film -- with the official title "The Twilight Saga: Breaking Dawn -- Part 2."
Summit Entertainment has set Oct. 22 as the release date for "Red," its espionage thriller starring Bruce Willis, Morgan Freeman and Helen Mirren.
With challenge comes opportunity. Panelist after panelist invoked the aphorism in between talk of broken business models and the need to trim costs accordingly.