49-523: Summit Entertainment, LLC is an American film production label of Lionsgate Films , owned by Lionsgate Studios and is headquartered in Santa Monica , California . Summit Entertainment was founded in 1991 by film producers Bernd Eichinger , Arnon Milchan , and Andrew G. Vajna ( Carolco Pictures and Cinergi ) to handle film sales in foreign countries. Summit officially launched in 1993 by Patrick Wachsberger, Bob Hayward, and David Garrett under
98-573: A Danish film company), which released American low-budget movies on video and DVD in the late 1990s. In June 2000, Lions Gate bought Trimark Pictures and merged its in-house home video unit with those of Avalanche and Sterling to form Lions Gate Home Entertainment the following year, i.e. in 2001. After the acquisition, Sterling Home Entertainment was then renamed Studio Home Entertainment, which later folded into Lionsgate. Lions Gate bought Artisan Entertainment in 2003 and folded it into its Family Entertainment section of its Home Entertainment division
147-823: A deal with DIC Entertainment to distribute their back catalogue of animated titles on video and DVD in the United States, replacing DIC's long time partner Buena Vista Home Entertainment . The partnership only lasted a year, as in 2003 DIC started to distribute their shows through the Sterling Entertainment Group (unrelated to the ex-Lionsgate subsidiary Sterling Home Entertainment) and later other distribution companies like Shout! Factory (now Shout! Studios ), 20th Century Fox Home Entertainment (now 20th Century Home Entertainment ) and NCircle Entertainment. In 2008, Lionsgate Home Entertainment contracted with HIT Entertainment for DVD distribution in
196-526: A deal with Lionsgate to build a new production facility in Yonkers, New York , with Lionsgate becoming a long-term anchor tenant and investor. As the anchor tenant, Lionsgate will have naming rights to the studio. Construction on the site will start in November, and the facility will be running in late autumn 2020. The $ 100 million complex will include three 20,000-square-feet and two 10,000-square-feet stages,
245-528: A deal with Lionsgate to release its audiovisual content on DVD after its deal with 20th Century Fox Home Entertainment ended, with the exception of Strawberry Shortcake , as it was a prior deal made in 2003 between 20th Century Fox and American Greetings. Until 2012, Lionsgate also distributed most of the theatrical properties held by Republic Pictures on DVD under license from Paramount Pictures . The deal also expanded to include some non-marquee films originally released by Paramount themselves. Recently, with
294-448: A first-look television development agreement with Universal Music Group . With the acquisition of Entertainment One on December 27, 2023, Lionsgate restructured eOne's television assets and folded them into Lionsgate Television, creating in the process Lionsgate Alternative Television on January 14, 2024, which produces and distributes Lionsgate's unscripted television shows. On September 5, 2019, Great Point Capital Management signed
343-582: A fully operational back lot and the opportunity to create a location-based entertainment property. The studio, will be built next to the former Otis Elevator Company building in Getty Square and is expected to provide 420 new jobs in Yonkers, the developers said. They received numerous tax breaks and exemptions to build the project. National Resources will be an investment partner and project developer, responsible for all phases of design and construction of
392-845: A label. Lionsgate Films Lionsgate Films (formerly known as Cinépix Film Properties ) is a Canadian-American film production and distribution studio founded in Canada in 1962. It is now a division of Lionsgate Studios and headquartered in Santa Monica . Lionsgate is the largest and most successful mini-major film studio in North America. The studio focuses on foreign and independent films and has distributed various commercially successful film franchises, including Saw , The Hunger Games , Rambo , Divergent , The Punisher , John Wick , Madea , Blair Witch , Now You See Me , Hostel , The Expendables , Sinister , The Twilight Saga and Step Up . Cinépix
441-484: A large home entertainment library, which includes Total Recall , Reservoir Dogs , Terminator 2: Judgment Day , Young Guns , Dirty Dancing and Apocalypse Now , in some cases via output deals with StudioCanal , American Zoetrope , and Miramax (most of them the result of prior licensing deals with Lions Gate's home video predecessor Artisan). Lions Gate occasionally co-produces films with major studios. For example, Lions Gate teamed with Miramax Films for
490-842: A partner in CodeBlack Films in January 2019. The cut backs were due to the failures of Robin Hood , and the comedy The Spy Who Dumped Me . In June 2019, Hulu and FX picked up show rights to Lionsgate films released in 2020 and 2021. In 2022, Adam Fogelson joined the Motion Picture Group as vice chair, after leaving STX Entertainment , reporting to Drake. In December 2023, Lionsgate closed its acquisition of Entertainment One (now Lionsgate Canada ), another Canadian-founded studio business. In Spring 2024, Lionsgate's film and studio businesses (including Lionsgate Films)
539-677: A release date for the film set on September 27, 2024. Lionsgate had previously partnered with Coppola for the re-releases of his past films such as The Conversation (1974), Apocalypse Now (1979), One from the Heart (1982) and The Cotton Club (1984). Lionsgate Studios Lionsgate Studios Corp. , simply known as Lionsgate Studios , is a Canadian-American film and television production and distribution conglomerate owned by Lionsgate , domiciled in Vancouver , British Columbia , and primarily based in Santa Monica, California . It
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#1732783264535588-456: A string of flops including P2 , 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 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
637-521: Is the television arm of Lionsgate and Lionsgate Studios established in July 1997 and has produced such series as Nashville , Anger Management , The Dead Zone , 5ive Days to Midnight , Weeds , Nurse Jackie , Boss , Tyler Perry's House of Payne and Mad Men . Lionsgate later acquired TV syndication firm Debmar-Mercury on July 12, 2006 with CBS Media Ventures , at the time known as CBS Television Distribution , handling ad-sales, with
686-766: The PSP through Universal Media Disc . Their releases are currently distributed by Sony Pictures Home Entertainment , who released the company's content on home video since 2021, following the expiration of their deal with 20th Century Home Entertainment . Audiovisual releases from or by Lions Gate were previously distributed by Universal Studios Home Video (now Universal Pictures Home Entertainment ) and Columbia TriStar Home Video (now Sony Pictures Home Entertainment ). Lions Gate Films would eventually create two home video labels: Avalanche Home Entertainment, which released smaller Canadian B-movies on video and DVD; and Sterling Home Entertainment (a joint venture with Scanbox International,
735-831: The Summit Entertainment label, and from its Lionsgate Canada subsidiary. The latter company, which was known as Entertainment One prior to its sale to Lionsgate, also houses the libraries of defunct production companies such as Koch Entertainment , Christal Films , Alliance Atlantis (from the merger of its former existence as Alliance Communications and Atlantis Communications ), Salter Street Films , Cineplex Odeon Films and Phase 4 Films . Lionsgate Studios' library features titles from several defunct studios, including: Trimark Pictures (acquired in 2000), Artisan Entertainment (acquired in 2003 and with it Vestron Pictures which Artisan acquired in 1991), Starz Distribution (acquired by Lionsgate in 2016, which includes
784-425: The 2004 sequel Dirty Dancing: Havana Nights and with Paramount Pictures for 2002's Narc and 2004's The Prince & Me which was given a studio credit. Lions Gate was also a silent partner in 20th Century Fox 's 2004 sci-fi film The Day After Tomorrow . Also in 2004, Lions Gate joined forces with United Artists in producing Hotel Rwanda . On August 1, 2005, Lions Gate Entertainment Corp acquired
833-618: The GlobalGate Entertainment consortium. GlobalGate will produce and distribute local-language films in markets around the world. Lionsgate said Monday it has partnered with international entertainment executives Paul Presburger, William Pfeiffer and Clifford Werber to launch GlobalGate. Drake returned in October 2017 as Lionsgate's film group chairman. The company laid off staff for theatrical marketing and publicity in its New York office, and moved to end its participation as
882-561: The US after its contract with 20th Century Fox Home Entertainment expired, which ended in 2014 and got transferred to Universal Pictures Home Entertainment . On August 4, 2008, Lionsgate announced a deal with Walt Disney Studios Home Entertainment to acquire the distribution rights to several Touchstone Television/ABC Studios (now ABC Signature ) shows including According to Jim , Reaper , Hope & Faith , 8 Simple Rules and Boy Meets World . In 2009, American Greetings struck
931-438: The US box office on March 23, 2012. At the time, it was the best opening day ever for a non-sequel and the fifth highest of all time. Of that total, $ 19.7 million was earned via Thursday midnight screenings. In its first weekend, The Hunger Games grossed $ 152.5 million, making it Lionsgate's highest-grossing film after just three days. On January 13, 2012, Lions Gate Entertainment Corp acquired Summit Entertainment ,
980-458: The United States; an adaptation of Orson Scott Card 's 1985 novel); 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 ($ 5,210,988 US box office); Letters to Juliet ($ 53,032,453 US box office); and,
1029-593: The acquisition of a 49% stake in Miramax by PHE's parent company Paramount Global (at the time known as ViacomCBS ). With Lionsgate acquiring Summit Entertainment in 2012, its home entertainment division took over its home video releasing rights. On December 8, 2016, Lionsgate acquired Starz Inc. , which includes the North American branches of Manga Entertainment and the first incarnation of Anchor Bay Entertainment . Shortly after acquisition, Anchor Bay
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#17327832645351078-423: The completion of acquisition of Entertainment One from Hasbro on December 27, 2023, Lionsgate revealed its intention to split its film and television assets into its own company, whose Studios division would merge with a special-purpose acquisition company named Screaming Eagle Corporation to form a separate publicly traded company called Lionsgate Studios Corporation . The deal was closed on May 7, 2024, with
1127-699: The entire library of Modern Entertainment. On October 17, 2005, Lionsgate acquired Redbus Film Distribution for $ 35 million and became Lionsgate UK on February 23, 2006. Following this, Zygi Kamasa , who co-founded Redbus with Simon Franks, became CEO of Lionsgate UK and Europe. In 2006, Lions Gate Studios was acquired by Bosa Developments, and later reverted back to its original North Shore name. In 2007, Joe Drake became Lionsgate's co-COO and motion picture group president. Lionsgate cut back its annual production by four in February 2009. The Hunger Games grossed $ 68.3 million when it premiered at
1176-462: The exception of Meet the Browns , which was rather co-distributed by Turner Television/ Warner Bros. Domestic Television Distribution and Disney–ABC Domestic Television rather handling its ad-sales). In March 2013, Lionsgate signed with Mars One, a Dutch nonprofit with space agency and aerospace backers intent on colonizing Mars, to produce a reality TV show. On August 6, 2018, Lionsgate signed
1225-524: The firm in 2000. That same year, Jon Feltheimer became CEO and Michael Burns became vice chairman. They decided to focus on the profits of videos and DVDs and began buying struggling firms that controlled large libraries. The two most notable acquisitions were Trimark Holdings (650 titles) in 2000 and Artisan Entertainment in 2003. The Trimark purchase also included CinemaNow , a broadband streaming website, where Lionsgate could feature its own movies. These two purchases along with others gave Lions Gate
1274-403: The first movie in the series to cross the $ 300 million mark domestically. In 2008, Summit Entertainment ranked in eighth place among the studios, with a gross of $ 226.5 million, almost entirely because of the release of Twilight . In 2009, Summit ranked 7th among studios with a gross of $ 482.5 million. Other Summit Entertainment releases include: Ender's Game (released November 1, 2013 in
1323-546: The folding of Republic, Lionsgate's function was transferred to Olive Films (and later Kino Lorber ). On February 11, 2011, Lionsgate and StudioCanal made an agreement to release 550 films from Miramax globally, replacing long time partner Walt Disney Studios Home Entertainment at the time when Miramax was owned by the Walt Disney Company. It was transferred to Paramount Home Entertainment in April 2020 after
1372-470: The following year. With a library of more than 8,000 films and although founded to distribute in-house productions, LGHE also previously distributed productions featuring Barbie from Mattel and Clifford the Big Red Dog from Scholastic Corporation , Stickin' Around videos from Nelvana and MGA Entertainment productions. Lionsgate Home Entertainment also previously distributed videos from
1421-533: The grunge rock documentary Hype , Vincent Gallo 's Buffalo '66 , and SICK: The Life & Death of Bob Flanagan, Supermasochist . Cronenberg stated that "Cinépix was the Canadian version of Roger Corman " and "in a way they were modelling themselves after him and also some European producers as well". From 1989 to 1994, Cinépix was partnered with Famous Players in C/FP Distribution, which
1470-700: The home entertainment division of the Jim Henson Company until 2012 when Henson signed a deal with Gaiam Vivendi Entertainment . With the acquisition of Artisan, LGHE also released the back catalog of ITC Entertainment until 2013, when ITC's successor-in-interest ITV Studios Global Entertainment signed a deal with Shout! Factory (now Shout! Studios ). In 2001, in Quebec it was renamed Crystal Films, and in Ontario and other provinces, Maple Pictures . In August 2001, Lions Gate Home Entertainment signed
1519-845: The libraries of Anchor Bay Entertainment , Overture Films , the pre-2015 Film Roman library and in-house content by Starz and it's predecessor IDT Entertainment), the library of Hearst 's entertainment division, Tribune Entertainment (through Debmar-Mercury ), American Zoetrope (distribution deal in 2010, with certain exceptions), Modern Entertainment (library acquired in 2005), the assets of The Weinstein Company and Dimension Films (post-2005 titles only; through its 18.9% stake in Spyglass Media Group ). Lionsgate Studios' complete ownership depends on various and/or specific global licensing. Lionsgate's movies have been released on DVD , Blu-ray and Ultra HD Blu-ray , as well as on
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1568-479: The major film studios. Other notable films included Affliction (1998), Gods and Monsters (1998), Dogma (1999), O (2001), Cube 2: Hypercube (2002), Open Water (2003), Saw (2004), The Punisher (2004) and the Michael Moore documentary Fahrenheit 9/11 (2004), which had been the studio's highest-grossing film until the release of The Hunger Games in 2012. Giustra left
1617-445: The movie grossed $ 158 million at the US box office, surpassing its predecessor, which generated $ 150 million in its opening weekend. The film had a budget of $ 130 million, breaking even soon after its opening, and making it profitable. Critics highly praised the film; it received a Rotten Tomatoes rating of 89%. The third Hunger Games film, Mockingjay- Part 1 , was released in 2014. The final film, Mockingjay - Part 2 ,
1666-407: The name 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. Among the company's early successes was American Pie , which Summit distributed outside of English-speaking territories. In 1998, Summit acquired worldwide distribution rights to the entire filmography of Wim Wenders , including
1715-403: The physical distribution of titles from Sony Pictures ( Columbia Pictures , TriStar Pictures , Screen Gems , Crunchyroll, LLC , etc.) as well as Lionsgate, Walt Disney Studios Home Entertainment ( Walt Disney Pictures , Marvel Studios , Lucasfilm Ltd. , 20th Century Studios , etc.) and The Criterion Collection through their existing distribution deals with SPHE. Lionsgate Television
1764-508: 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. 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. It became
1813-628: 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). On February 1, 2009, it was announced that Lionsgate would acquire Summit Entertainment, along with its library of six films and rights to the Twilight franchise, but two days later, these merger negotiations broke down due to concerns over changing content. On January 13, 2012, Lionsgate officially acquired Summit Entertainment for $ 412.5 million. Lionsgate continues to operate Summit Entertainment as
1862-706: The studio behind the Twilight and Step Up series for $ 412.5 million. On May 3, 2012, Lionsgate Films made an agreement with CodeBlack Enterprises ' CEO Jeff Clanagan to create CodeBlack Films , based at Lionsgate. Drake left in 2012 to found Good Universe . On January 16, 2013, Lionsgate announced a low-budget film division to be led by John Sacchi. The division would release films under $ 2.5 million. Sacchi recently looked to acquire such films as Rock Bottom Creek (2012) and other independently made films as well. On November 22, 2013, Lions Gate released The Hunger Games: Catching Fire . In its opening weekend,
1911-450: The studio complex. On April 8, 2020, it was announced that the developers locked down $ 60 million in financing while the rest of the $ 40 million in the second phase of the project will be anchored by entertainment firm Lionsgate. In 2022, the city of Newark, New Jersey announced that a major new film and television production studio overlooking Weequahic Park and Weequahic Golf Course , Lionsgate Newark Studios would open in 2024 on
1960-426: The then-upcoming Buena Vista Social Club , from Road Movies Filmproduktion ; the deal however excluded The End of Violence , retained by Metro-Goldwyn-Mayer and Ciby 2000 . In 2006, it became an independent film studio with over a billion dollars in financing backed by Merrill Lynch. Starting in 2007, Summit Entertainment's home video division was distributed by Universal Studios Home Entertainment . After
2009-411: The transaction setting a $ 4.6-billion value on Lionsgate Studios. The company launched a week later on May 14, and began trading on Nasdaq via the stock symbol LION. Lionsgate remains its controlling shareholder, owning around 87% of it following the split. Lionsgate Studios operates through its filming division, Lionsgate Films ; which consists of its own in-house productions, as well as films under
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2058-472: Was folded into Lionsgate Home Entertainment and Manga is planned to be relaunched in the near future. Anchor Bay Entertainment would be revived by co-founders of Umbrelic Entertainment, Thomas Zambeck and Brian Katz, on February 15, 2024, as a production company for "genre films, undiscovered treasures, cult classics and remastered catalog releases". On June 30, 2021, Lionsgate's North American distribution deal with 20th Century Home Entertainment expired and
2107-506: Was formed on May 14, 2024, after Lionsgate spun out its film and television businesses. Lionsgate Studios' portfolio includes Lionsgate Canada (formerly known as Entertainment One), 3 Arts Entertainment , Pilgrim Media Group , and a stake of joint venture Amblin Partners . Through the namesake Lionsgate Films studio, the company's filming division also releases films under the Summit Entertainment and eOne Films labels. Following
2156-578: Was founded by John Dunning and Andre Link in 1962. Cinépix, based in Montreal, was a Canadian independent motion picture company that released English- and French-language films in Canada and the United States. Initially a distribution company, Cinépix's first production was the 1969 erotic drama Valérie , which earned $ 1 million at the box office. Cinépix produced early work by David Cronenberg ( Shivers ) and Ivan Reitman ( Meatballs ). The company also distributed art-house films including
2205-811: Was released in 2015. On April 1, 2015, according to Deadline , Lions Gate announced it has created its new label, Lionsgate Premiere . This new label will handle up to 15 releases a year, targeting young audiences at theaters and digital outlets. The new label, part of the company's diversification effort, will incorporate Lionsgate and Summit Entertainment titles and then specialize in "innovative multiplatform and other release strategies" to reach "affinity audiences with branded content and targeted marketing." Marketing and Research SVP Jean McDowell will handle marketing, with distribution to be run by Adam Sorensen, who currently manages Western Sales. On May 2, 2016, according to Deadline Hollywood , Lions Gate announced it has teaming with eight international companies to launch
2254-521: Was renamed Lions Gate Films on January 13, 1998. LGEC also purchased the Vancouver-based North Shore Studios , which became Lions Gate Studios. In June 1998, LGE purchased International Movie Group, whose film library included Jean-Claude Van Damme 's Kickboxer . Liongate's first major box office success was American Psycho in 2000, which began a trend of producing and distributing films too controversial for
2303-403: Was renamed Cinépix Film Properties (C/FP). In 1994, Cinépix bought Famous Players' stake in the organization. By 1997, Cinépix had a New York–based US distribution arm and owned 56 percent of Ciné-Groupe , an animated film production company. Lions Gate Entertainment Corporation (LGEC) was formed in 1997 by Frank Giustra, a banker. LGEC purchased Cinépix and kept its leadership. Cinépix
2352-403: Was spun-off into the newly formed Lionsgate Studios . On June 17, 2024, it was announced that Lionsgate will distribute Francis Ford Coppola 's independently made $ 120 million sci-fi epic Megalopolis in North America (albeit without a marketing deal) after almost every distribution company in the United States declined due to its unconventional storytelling being difficult to promote, with
2401-432: Was taken over Sony Pictures Home Entertainment as of July 1, 2021. After Lionsgate completed its acquisition of Entertainment One (eOne), now Lionsgate Canada , on December 27, 2023, its home entertainment division started distributing its physical releases worldwide. On June 24, 2024, it was reported that Sony Pictures Home Entertainment had entered into a distribution deal with Studio Distribution Services to handle
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