LA Times has posted an article concerning Summit’s future work and it’ll be put in the mega-franchise business due to ‘The Twilight Saga.’
“The Twilight Saga: New Moon” has been exploding all sorts of box office records — my colleague, Ben Fritz, says, for example, that it is the least expensive movie ever to open to more than $200 million worldwide. But the most important record that it’s on track to break is one that might give a serious new shot in the arm to everyone in the indie film world.
When you factor in the original film’s $383.8 million in worldwide grosses with the $700 million or more in worldwide grosses that “New Moon” could eventually roll up, Summit Entertainment will soon find itself having the biggest true independent film franchise in recent history. (By true independent, I’m disqualifying New Line, which made even more money with its “Lord of the Rings” franchise but wasn’t a true independent since it was already owned by Time-Warner by the time the “LOTR” series was launched.) …
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