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Summit Entertainment
Summit Entertainment
LLC is an American film production and distribution company. It is owned by Lionsgate
Lionsgate
and is headquartered in Santa Monica, California.[1]

Contents

1 History

1.1 Independent era (1991–2012) 1.2 Lionsgate
Lionsgate
era (2012–present)

2 Film
Film
distributor history 3 See also 4 References 5 External links

History[edit] Independent era (1991–2012)[edit] Summit Entertainment
Summit Entertainment
was founded in 1991[2] by film producers Bernd Eichinger, Arnon Milchan, and Andrew G. Vajna, to handle film sales in foreign countries.[2] Summit later expanded and was launched in 1993 by Patrick Wachsberger, Bob Hayward and David Garrett under the name Summit Entertainment
Summit Entertainment
LP as a distribution and sales organization. By 1995 they were producing and co-financing films, and by 1997 they started fully financing films.[2] Among the company's early successes was American Pie, which Summit distributed outside of English-speaking territories.[2] In 2001, it hired producer Erik Feig to evolve the company into a mini-studio, maintaining creative oversight financing and producing its own slate of mainstream wide release films.[3] In 2006, it became an independent film production company, with the addition of Rob Friedman, a former executive at Paramount Pictures.[4] The new company added major development, production, acquisitions, marketing and distribution branches with a financing deal led by Merrill Lynch
Merrill Lynch
and other investors giving it access to over $1 billion in financing.[5] Summit Entertainment's films are also distributed theatrically and on home video in Spain, the Netherlands
Netherlands
and in Canada by Entertainment One. After a string of flops including P2, Never Back Down
Never Back Down
and Sex Drive, Summit found success in November 2008 with the release of Twilight, a teen romance about vampires based on the best-selling book of the same name by Stephenie Meyer
Stephenie Meyer
that made $408,773,703 worldwide. In the spring of 2009, Summit released Knowing, the company's second movie to open #1 at the box office and made $182,492,056 worldwide. In November 2009, Summit released the sequel to Twilight titled The Twilight Saga: New Moon, also based on the popular novel by Stephenie Meyer, breaking box office records for first weekend grosses at the time, taking in $142,839,137 in the first three days (which is #13[when?] on the all-time opening grosses list).[6] In June 2010 Summit released the third film of the Twilight series, The Twilight Saga: Eclipse. It broke a midnight screening record of over $30 million and set a one-day Wednesday record of $68.5 million but failed to surpass the one-day tally of $72 million set by New Moon. It became the first movie in the series to cross the $300 million mark domestically. In 2008, Summit Entertainment
Summit Entertainment
ranked in eighth place among the studios, with a gross of $226.5 million, almost entirely because of the release of Twilight.[7] In 2009, Summit ranked 7th among studios with a gross of $482.5 million.[8] Other Summit Entertainment
Summit Entertainment
releases include: Ender's Game (released November 1, 2013 in the United States; an adaptation of Orson Scott Card's 1985 novel); Next Day Air
Next Day Air
($10,027,047 US box office); The Hurt Locker ($16,400,000 US box office; it garnered Summit its first Best Picture Oscar); the animated Astro Boy; teen horror film Sorority Row ($11,965,282 US box office); the low-budget Push ($31,811,527 US box office); Bandslam
Bandslam
($5,210,988 US box office); Letters to Juliet ($53,032,453 US box office); and, the sleeper hit, RED ($87,940,198 US box office; nominated for a 2010 Golden Globe in the Best Motion Picture – Comedy or Musical category). Lionsgate
Lionsgate
era (2012–present)[edit] In September 2008, merger talks between Summit Entertainment
Summit Entertainment
and Lionsgate
Lionsgate
were the subject of media speculation, but no deal was finalized at that time. On February 1, 2009, it was announced that Lionsgate
Lionsgate
would acquire Summit Entertainment, along with its library of six films and rights to the Twilight franchise,[9] but two days later, these merger negotiations broke down due to concerns over changing content.[10] On January 13, 2012, Lionsgate
Lionsgate
acquired Summit Entertainment for $412.5 million.[11] Peak Group Holdings is the biggest investor in Summit, with about a 48% stake. The Peak Group includes investments by Emilio Diez Barroso's Nala Films and entities that are close to the Omar Amanat family trust.[12] Lionsgate continues to operate Summit Entertainment
Summit Entertainment
as a separate brand. Film
Film
distributor history[edit]

UK and Ireland

Momentum Pictures
Momentum Pictures
(2005–2008) Entertainment One
Entertainment One
(2008–2016) Icon Film
Film
Distribution (The Beaver only) Lionsgate
Lionsgate
UK (2017–present) Warner Bros.
Warner Bros.
( John Wick
John Wick
series only) Universal Pictures
Universal Pictures
UK (Step Up film series) Entertainment Film
Film
Distributors (rarely)

France

SND Films (2008–present) Universal Pictures
Universal Pictures
France (Step Up film series)

Canada

Entertainment One
Entertainment One
(2009–present) Alliance Films
Alliance Films
(2011)

Portugal

Pris Audiovisuais (2007–present)

Spain

Aurum Producciones
Aurum Producciones
(2007–present)

Australia/New Zealand

Roadshow Films (2004–present) Hoyts
Hoyts
(2007–2013) Icon Entertainment International
Icon Entertainment International
(2009–present) StudioCanal
StudioCanal
Australia (2013, 2017–present)[13] Sony Pictures Releasing Australia (2013) Entertainment One
Entertainment One
(2014–present)

Nordic

Nordisk Film
Film
(2007–present)

Latin America

IDC (2005–present)

Brazil

Paris Filmes (2005–present)

Colombia

Quality Films (2004–present) Cine Colombia (2008–present)

Scandinavia

SF Studios
SF Studios
(rarely) Nordisk Film
Film
(2012–present)[14]

Thailand

Mongkol Major (2005–present)

Indonesia

SinemArt
SinemArt
(2008–present)

Pakistan

Hunerkada Films (2016–present)

Japan

Paramount Pictures
Paramount Pictures
(2007–present)

Russia

Central Partnership (2004–present)

See also[edit]

List of Summit Entertainment
Summit Entertainment
films Lionsgate Smith v. Summit Entertainment
Summit Entertainment
LLC

References[edit]

^ Summit Entertainment
Summit Entertainment
LLC, BusinessWeek. Retrieved November 24, 2008. ^ a b c d Molloy, Claire (2010), p. 16. Memento. ISBN 978-0-7486-3771-3. Edinburgh University Press. Retrieved November 14, 2010. ^ "Erik Feig, Co-President of Lionsgate
Lionsgate
Motion Picture Group  :: The Jewish Graduate Student Initiative". thejgsi.org.  ^ Barnes, Brooks, For Studio, Vampire Movie Is a Cinderella Story, New York Times, November 19, 2009. Retrieved November 24, 2008. ^ Barnes, Brooks, Summit Entertainment's $1 Billion Deal, Portfolio, April 19, 2007. Retrieved November 24, 2008. ^ TOP OPENING GROSSES BY DAYS IN RELEASE, [1], Box Office Mojo, March, 2016. ^ "2008 Studio Market Share". Box Office Mojo. Retrieved December 30, 2011.  ^ "2009 Studio Market Share". Box Office Mojo. Retrieved December 20, 2011.  ^ Waxman, Sharon, Lionsgate
Lionsgate
May Buy Summit, The Wrap, February 1, 2009. Retrieved August 22, 2010. ^ Spelling, Nicole, "'Twilight' studio Summit unlikely to merge with Lionsgate", The Hollywood Insider, February 3, 2009. Retrieved August 22, 2010. ^ "It's Official: Lionsgate
Lionsgate
Has Acquired Summit Entertainment
Summit Entertainment
for $412.5 Million", ComingSoon.net, January 13, 2012. Retrieved January 13, 2012. ^ " Lionsgate
Lionsgate
Close to Deal to Buy Summit; Friedman and Wachsberger Likely to Remain". The Hollywood Reporter. Retrieved 2017-06-27.  ^ "Variety"Lionsgate, Studiocanal Sign Output Deal for Australia, New Zealand Variety.com, Retrieved on 23 March 2017 ^ "The Street" Lionsgate
Lionsgate
and Nordisk Film
Film
Conclude Long-term Output deal thestreet.com, Retrieved on June 19, 2012

External links[edit]

Official website (Now redirects to Lionsgate's website) Summit Entertainment
Summit Entertainment
on IMDbPro (subscription required) Reuters Story

v t e

Lionsgate

Founder

Frank Giustra

Key personnel

Jon Feltheimer Michael Burns Rob Friedman

Lionsgate
Lionsgate
Motion Picture Group

Lionsgate
Lionsgate
Films Lionsgate
Lionsgate
Home Entertainment

Manga Entertainment
Manga Entertainment
US

Pantelion Films* Roadside Attractions* Summit Entertainment CodeBlack Films* Lionsgate
Lionsgate
Premiere Good Universe

Television production and distribution

Debmar-Mercury Lionsgate
Lionsgate
Television

Other

Lionsgate
Lionsgate
UK

U.S. networks

Pop* Starz
Starz
Inc.

Starz Starz
Starz
Encore MoviePlex

Celestial Tiger Entertainment* International Networks

Celestial Movies Kix Thrill cHK

Former/defunct assets and predecessors

Artisan Entertainment Epix Fearnet Mandalay Pictures Mandate Pictures Maple Pictures Redbus Film
Film
Distribution Trimark Pictures Overture Films* Starz
Starz
Animation / Arc Productions* Film
Film
Roman* Anchor Bay Entertainment

*Joint venture

v t e

Film
Film
studios in the United States and Canada

Majors

20th Century Fox Columbia Pictures Paramount Pictures Universal Pictures Walt Disney Studios Warner Bros.

Mini-majors

Amblin Partners CBS Films Lionsgate Metro-Goldwyn-Mayer Open Road Films STX Entertainment The Weinstein Company

Independent studios

3D Entertainment A24 Alcon Entertainment Amazon Studios Beacon Pictures Broad Green Pictures Dark Horse Entertainment Drafthouse Films Entertainment One Entertainment Studios Hasbro Studios Icon Productions IFC Films Image Entertainment Imagine Entertainment IMAX Pictures Lakeshore Entertainment Magnolia Pictures Mandalay Pictures MarVista Entertainment Miramax Montecito Picture Company Morgan Creek Entertainment Group Picturehouse Regency Enterprises RKO Pictures Roadside Attractions Samuel Goldwyn Films Village Roadshow Pictures Walden Media

Independent financers

Annapurna Pictures Cross Creek Pictures Legendary Entertainment LStar Capital New Regency Productions Participant Media RatPac Entertainment Revolution Studios Skydance Media Temple Hill Entertainment TSG Entertainment Worldview Entertainment

Producer-owned independents

1492 Pictures American Zoetrope Apatow Productions Appian Way Productions Bad Hat Harry Productions Bad Robot Productions Blinding Edge Pictures Blumhouse Productions Bryanston Pictures Centropolis Entertainment Cheyenne Enterprises Davis Entertainment Di Bonaventura Pictures Fuzzy Door Productions Gary Sanchez Productions Ghost House Pictures GK Films ImageMovers Jim Henson Pictures Kennedy/Marshall Company Lightstorm Entertainment Plan B Entertainment Platinum Dunes Silver Pictures/Dark Castle

.