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Cute New Pic of Nikki Reed & Kellen Lutz!

Nikki Reed on WhoSay

Nikki Reed (Rosalie Hale) tweeted a photo of her and Kellen Lutz (Emmett Cullen) after they introduced the Breaking Dawn Part 2 trailer to the Lionsgate/Summit company meeting.

Hmmmm…..Wonder what they thought. LOL!

Very cute pic of them together!

via GossipDance

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Stephenie Meyer Clears up Rumor About Lionsgate

45 Comments February 23, 2012 by Filed Under: Lions Gate, Stephenie Meyer

Twilight Saga author Stephenie Meyer has cleared up the rumors that started after Variety reporter Josh Dickey said she was “deeply annoyed” by Lionsgate suggesting they’d support another movie during an analyst call.

Hey all,

Just wanted to clear up a little rumor making the rounds. I have absolutely no issues with anyone at Lionsgate. Far from being a negative thing, it’s actually a very nice feeling to know that both Lionsgate and Summit would like to make another Twilight movie if I were ever to write another Twilight book. So, thanks for the support, Lionsgate and Summit. I look forward to working for the first time with new friends at Lionsgate and working again with my old friends at Summit!

Steph

So, definitely no plans for another book at this point, but she’s flattered they’d like one. How gracious!

Josh Dickey is sticking to his guns, though-


[Stephenie Meyer]

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Stephenie Meyer “Deeply Annoyed” at Lionsgate Suggesting They’d Like More Twilight Films

36 Comments February 21, 2012 by Filed Under: Lions Gate, Stephenie Meyer

A Variety reporter sent out a tweet suggesting that Stephenie Meyer didn’t like the idea of Lionsgate pimping out her franchise on a recent analyst call.

This shouldn’t come as a huge shock, as it’s clear from Stephenie Meyer’s recent updates that she’s keeping very busy on new projects post-Twilight. If this info from Variety reporter Josh Dickey is correct, and there’s no reason to think not, I support Stephenie completely.

More Twilight would be nice, but if Stephenie Meyer’s heart isn’t in the writing it would only taint our memories of the originals.

If she ever decides to write more Twilight, it should be because there is more story to be told, not because Lionsgate wants to make investors happy.

Lionsgate only claimed the relatively innocuous “if she (Meyer) wishes to do it, we’ll be there to support her” during the analyst call. This suggests that if Stephenie was “deeply annoyed” she may have made it unequivocally clear to the studio there won’t be a fifth book. Either that, or she simply doesn’t want the pressure of investor expectations riding her back during the creative process. Who would?

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‘The Twilight Saga: Breaking Dawn Part 1′ hits $700 Million at Worldwide Box Office!

‘The Twilight Saga: Breaking Dawn Part 1′ hits $700 Million at Worldwide Box Office!

Breaking Dawn Part 1 made over $700 million at the worldwide box office since November 18th!  Can I get a HALE YEAH!

Summit Entertainment, a LIONSGATE® company, announced today that the fourth installment in the blockbuster TWILIGHT SAGA franchise – THE TWILIGHT SAGA: BREAKING DAWN – PART 1 has grossed an estimated $701.3 million in global box office receipts since the film’s release on November 18, 2011.  THE TWILIGHT SAGA: BREAKING DAWN – PART 1 is on its way to becoming the highest grossing film in the series to date looking to surpass the worldwide box office gross of THE TWILIGHT SAGA: NEW MOON which tallied $709.8 million.  The two other two films in the franchise THE TWILIGHT SAGA: ECLIPSE and TWILIGHT have each grossed $698.5 million and $390.4 respectively and the franchise continues to break records.  Upcoming releases of THE TWILIGHT SAGA: BREAKING DAWN – PART 1 internationally include Japan and China.

Not only has the TWILIGHT SAGA’s global fan base supported the films during their theatrical release, but audiences worldwide have continued to support this cultural phenomenon both on and off the screen. THE TWILIGHT SAGA: BREAKING DAWN – PART 1 will be available on Blu-ray, DVD, and VOD on February 11, 2012.
From Variety:

In their first announcement as heads of Lionsgate’s motion picture group, Rob Friedman and Patrick Wachsberger revealed that the fourth “Twilight” film has passed $700 million in worldwide grosses.The duo said “The Twilight Saga: Breaking Dawn — Part 1″ will become the highest earner of the franchise so far, surpassing the $709.8 million worldwide cume from the third pic, “New Moon.”

This gives the vampire tentpoles a combined worldwide gross of $2.5 billion with the finale, “Breaking Dawn — Part 2,” due out Nov. 16. “Breaking Dawn — Part 1,” which hasn’t yet opened theaterically in China and Japan, will be available on Blu-ray, DVD and VOD on Feb. 11.

Wall Streeters expect Summit’s “Twilight” franchise to inject $500 million of fresh cash into Lionsgate over the next five years.

Woo hoo! $701.3 MILLION!!  Do you think Breaking Dawn Part 2 will surpass this?  $710 Million?  $750 Million?

via we are movie geeks

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Lionsgate Buys Summit Entertainment for $412.5 Million

Lionsgate Buys Summit Entertainment for $412.5 Million

Last week, Lions Gate purchased Summit Entertainment for (insert Dr. Evil’s voice) $412.5 Million. Mwhahahaha!

From LA Times:

Bringing Hollywood’s two biggest independent film studios and the blockbuster young adult franchises “Twilight” and “The Hunger Games” into one powerful entity, Lions Gate Entertainment has agreed to acquire Summit Entertainment for $412.5 million in cash and stock.

The two Santa Monica-based companies have engaged in on-and-off merger talks since late 2008 as Lions Gate has sought to bolster its library of film and TV properties and Summit’s investors have tried to find a way to cash in on the lightning-in-a-bottle success of its “Twilight” movie series, which has grossed $2.5 billion worldwide over four films.

The acquisition will provide a windfall to Summit’s investors, among them Ebay co-founder Jeff Skoll’s film company Participant Media and private equity fund operator Suhail Rizvi’s Rizvi Traverse Management. Summit’s investors previously received a $200-million dividend as part of a recapitalization in early 2011.

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In an announcement issued (last) Friday, Lions Gate said the majority of the purchase price would be funded by cash on hand at Summit. The rest will be paid for by $55 million of Lions Gate’s cash reserves, $45 million from new debt issued by Lions Gate, and another $20 million of cash or stock that Lions Gate must issue within 60 days.

Summit comes into the deal with about $200 million in net debt, which is secured by that studio’s existing assets and will not be assumed by Lions Gate.

Summit was in net debt?  Wow.  I know we’re a week late posting this.  What are your thoughts?  How will this effect Breaking Dawn Part 2?

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