Bloomberg reports,

As Summit Entertainment LLC releases the sequel to “Twilight” in theaters today, the studio is searching for a follow-up to the vampire series that has so far made $384 million in global ticket sales.

“The Twilight Saga: New Moon,” based on the second of Stephenie Meyer’s four best-selling novels, may bring in $600 million worldwide, said David Davis, founder of Arpeggio Partners LLC, a consulting firm to movie studios and film investors based in Santa Monica, California.

The success of “Twilight” has allowed Summit to expand its film slate at a time when other studios are retrenching. The challenge for the studio is to find new properties to replace “Twilight” once the series ends, Davis said.

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