Get Our Extension

Summit Entertainment

From Wikipedia, in a visual modern way
Summit Entertainment, LLC
TypeLabel
IndustryMotion pictures
FoundedJuly 26, 1991; 31 years ago (1991-07-26)
FoundersBernd Eichinger
Arnon Milchan
Andrew G. Vajna
HeadquartersUniversal City, California (2007–2012)
Santa Monica, California (2012–present)
Key people
Patrick Wachsberger
Bob Hayward
ProductsMotion pictures
ServicesFilm Distribution
Film Production
OwnerLions Gate Entertainment
ParentLionsgate Films (2012–present)
DivisionsSummit Records
Summit Premiere
SubsidiariesInternational Distribution Company, LLC
(joint venture with Pedro Rodriguez)

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

Discover more about Summit Entertainment related topics

Production company

Production company

A production company, production house, production studio, or a production team is a studio that creates works in the fields of performing arts, new media art, film, television, radio, comics, interactive arts, video games, websites, music, and video. These groups consist of technical staff to produce the media, and are often incorporated as a commercial publisher. Generally the term refers to all individuals responsible for the technical aspects of creating a particular product, regardless of where in the process their expertise is required, or how long they are involved in the project. For example, in a theatrical performance, the production team has not only the running crew, but also the theatrical producer, designers and theatrical direction.

Lionsgate Films

Lionsgate Films

Lionsgate Films is a Canadian-American film production and film distribution studio, headquartered in Santa Monica and founded in Canada, and is the flagship division of Lionsgate Entertainment. It is the largest and most successful mini-major film studio in North America. It focuses on foreign and independent films and has distributed various commercially successful film franchises, including The Hunger Games, Rambo, Divergent, The Punisher, John Wick, Saw, Madea, Blair Witch, Now You See Me, Hostel, The Expendables, Sinister, The Twilight Saga and Step Up.

Lionsgate

Lionsgate

Lions Gate Entertainment Corporation, doing business as Lionsgate, is a Canadian-American entertainment company. It was formed by Frank Giustra on July 10, 1997, domiciled in Vancouver, British Columbia, Canada, and is currently headquartered in Santa Monica, California, United States. In addition to its flagship Lionsgate Films division, the company contains other divisions such as Lionsgate Television and Lionsgate Interactive. It owns a variety of subsidiaries such as Summit Entertainment, Debmar-Mercury, and Starz Inc.

Santa Monica, California

Santa Monica, California

Santa Monica is a city in Los Angeles County, situated along Santa Monica Bay on California's South Coast. Santa Monica's 2020 U.S. Census population was 93,076. Santa Monica is a popular resort town, owing to its climate, beaches, and hospitality industry. It has a diverse economy, hosting headquarters of companies such as Hulu, Universal Music Group, Lionsgate Films, and The Recording Academy.

California

California

California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2 million residents across a total area of approximately 163,696 square miles (423,970 km2), it is the most populous U.S. state and the third-largest by area. It is also the most populated subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles and San Francisco Bay areas are the nation's second and fifth most populous urban regions respectively, with the former having more than 18.7 million residents and the latter having over 9.6 million. Sacramento is the state's capital, while Los Angeles is the most populous city in the state and the second most populous city in the country. San Francisco is the second most densely populated major city in the country. Los Angeles County is the country's most populous, while San Bernardino County is the largest county by area in the country. California borders Oregon to the north, Nevada and Arizona to the east, the Mexican state of Baja California to the south; and it has a coastline along the Pacific Ocean to the west.

History

Independent era (1991–2012)

Summit Entertainment was founded in 1991[2] by film producers Bernd Eichinger, Arnon Milchan, and Andrew G. Vajna (Carolco Pictures and Cinergi) to handle film sales in foreign countries.[2] Summit officially launched in 1993 by Patrick Wachsberger, Bob Hayward, and David Garrett under 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.[2] Among the company's early successes was American Pie, which Summit distributed outside of English-speaking territories.[2] In 2006, it became an independent film studio with over a billion dollars in financing backed by Merrill Lynch.[3]

After 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 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.[4] 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 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.[5] In 2009, Summit ranked 7th among studios with a gross of $482.5 million.[6]

Other 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 ($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, 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 era (2012–present)

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,[7] but two days later, these merger negotiations broke down due to concerns over changing content.[8] On January 13, 2012, Lionsgate officially acquired Summit Entertainment for $412.5 million.[9] Lionsgate continues to operate Summit Entertainment as a label.

Discover more about History related topics

Bernd Eichinger

Bernd Eichinger

Bernd Eichinger was a German film producer, director, and screenwriter.

Arnon Milchan

Arnon Milchan

Arnon Milchan is an Israeli businessman, film producer and spy. He has been involved in over 130 full-length motion pictures and is the founder of production company Regency Enterprises. Regency's film credits include 12 Years a Slave, JFK, Heat, Fight Club, and Mr. & Mrs. Smith. Milchan has earned two nominations for the Academy Award for Best Picture, for L.A. Confidential and The Revenant. Milchan was also an Israeli intelligence operative from the mid-1960s to the mid-1980s.

Andrew G. Vajna

Andrew G. Vajna

Andrew G. Vajna was a Hungarian film producer whose films include the first three entries in the Rambo series, Total Recall, Tombstone, Die Hard with a Vengeance, Evita, and Terminator 3. He founded the now-defunct production companies Carolco Pictures, Cinergi Pictures, and C2 Pictures, frequently in collaboration with Mario Kassar.

Carolco Pictures

Carolco Pictures

Carolco Pictures, Inc. was an American independent film studio that existed from 1976 to 1995, founded by Mario Kassar and Andrew G. Vajna. Kassar and Vajna ran Carolco together until 1989, when Vajna left to form Cinergi Pictures. Carolco hit its peak in the 1980s and early 1990s, with blockbuster successes including the first three films of the Rambo franchise, Total Recall, Terminator 2: Judgment Day, Basic Instinct, Universal Soldier, Cliffhanger and Stargate. Nevertheless, the company was losing money overall and required a corporate restructuring in 1992. The 1995 film Cutthroat Island, intended to be a comeback for the studio, instead lost $147 million and brought the company to an end.

American Pie (film)

American Pie (film)

American Pie is a 1999 American coming-of-age teen sex comedy film directed and co-produced by Paul Weitz and written by Adam Herz. It is the first film in the American Pie theatrical series and stars an ensemble cast that includes Jason Biggs, Chris Klein, Alyson Hannigan, Natasha Lyonne, Thomas Ian Nicholas, Tara Reid, Mena Suvari, Eddie Kaye Thomas, Seann William Scott, Eugene Levy, Shannon Elizabeth and Jennifer Coolidge. The plot centers on five classmates who attend East Great Falls High. With the sole exception of Stifler, who has already lost his virginity, the youths make a pact to lose their virginity before their high school graduation.

P2 (film)

P2 (film)

P2 is a 2007 American horror thriller film directed by Franck Khalfoun, in his directorial debut, co-written by Khalfoun and producers Alexandre Aja and Grégory Levasseur, and starring Rachel Nichols and Wes Bentley. Its plot follows a young businesswoman who becomes trapped in an underground parking garage in midtown Manhattan on Christmas Eve, where she is pursued by a psychopathic security guard who is obsessed with her.

Never Back Down

Never Back Down

Never Back Down is a 2008 American martial arts film directed by Jeff Wadlow and starring Sean Faris, Cam Gigandet, Amber Heard, Cameron Fegreus and Djimon Hounsou. It tells the story of a frustrated and conflicted teenager who arrives at a new high school and discovers an underground fight club there.

Knowing (film)

Knowing (film)

Knowing is a 2009 American science fiction thriller film directed and co-produced by Alex Proyas and starring Nicolas Cage. The film, conceived and co-written by Ryne Douglas Pearson, was originally attached to a number of directors under Columbia Pictures, but it was placed in turnaround and eventually picked up by Escape Artists. Production was financially backed by Summit Entertainment. Knowing was filmed in Docklands Studios Melbourne, Australia, using various locations to represent the film's Boston-area setting. The film centers on the discovery of a strange paper filled with numbers and the possibility that they somehow predict the details of various disasters culminating in the apocalypse.

Ender's Game (film)

Ender's Game (film)

Ender's Game is a 2013 American military science-fiction action film based on Orson Scott Card's 1985 novel of the same name. Written and directed by Gavin Hood, the film stars Asa Butterfield as Andrew "Ender" Wiggin, an unusually gifted child who is sent to an advanced military academy in space to prepare for a future alien invasion. The supporting cast includes Harrison Ford, Hailee Steinfeld, and Viola Davis, with Abigail Breslin and Ben Kingsley.

Orson Scott Card

Orson Scott Card

Orson Scott Card is an American writer known best for his science fiction works. He is the first and only person to win both a Hugo Award and a Nebula Award in consecutive years, winning both awards for both his novel Ender's Game (1985) and its sequel Speaker for the Dead (1986). A feature film adaptation of Ender's Game, which Card co-produced, was released in 2013. Card also wrote the Locus Fantasy Award-winning series The Tales of Alvin Maker (1987–2003).

Next Day Air

Next Day Air

Next Day Air is a 2009 American dark comedy film that was released by Summit Entertainment on May 8, 2009. The film starring Donald Faison and Mike Epps was produced on an estimated budget of $3 million. Two criminals accidentally accept a package of cocaine which they must sell before the real owner finds it missing.

Academy Award for Best Picture

Academy Award for Best Picture

The Academy Award for Best Picture is one of the Academy Awards presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) since the awards debuted in 1929. This award goes to the producers of the film and is the only category in which every member of the Oscars is eligible to submit a nomination and vote on the final ballot. The Best Picture category is traditionally the final award of the night and is widely considered as the most prestigious honor of the ceremony.

Source: "Summit Entertainment", Wikipedia, Wikimedia Foundation, (2023, March 5th), https://en.wikipedia.org/wiki/Summit_Entertainment.

Enjoying Wikiz?

Enjoying Wikiz?

Get our FREE extension now!

References
  1. ^ "Summit Entertainment LLC", BusinessWeek. Retrieved November 24, 2008.
  2. ^ a b c d Molloy, Claire (2010), p. 16. Memento. ISBN 978-0-7486-3771-3. Edinburgh University Press. Retrieved November 14, 2010.
  3. ^ Barnes, Brooks, For Studio, Vampire Movie Is a Cinderella Story, New York Times, November 19, 2009. Retrieved November 24, 2008.
  4. ^ TOP OPENING GROSSES BY DAYS IN RELEASE, Box Office Mojo, March, 2016.
  5. ^ "2008 Studio Market Share". Box Office Mojo. Retrieved December 30, 2011.
  6. ^ "2009 Studio Market Share". Box Office Mojo. Retrieved December 20, 2011.
  7. ^ Waxman, Sharon, Lionsgate May Buy Summit, The Wrap, February 1, 2009. Retrieved August 22, 2010.
  8. ^ Spelling, Nicole, "'Twilight' studio Summit unlikely to merge with Lionsgate", The Hollywood Insider, February 3, 2009. Retrieved August 22, 2010.
  9. ^ "It's Official: Lionsgate Has Acquired Summit Entertainment for $412.5 Million", ComingSoon.net, January 13, 2012. Retrieved January 13, 2012.
External links

The content of this page is based on the Wikipedia article written by contributors..
The text is available under the Creative Commons Attribution-ShareAlike Licence & the media files are available under their respective licenses; additional terms may apply.
By using this site, you agree to the Terms of Use & Privacy Policy.
Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization & is not affiliated to WikiZ.com.