Posted By: EMI January 27, 2012 Leave A Comment

Hey guys! Some new HD clips from Breaking Dawn have been released! Including Bella’s transformation and when Edward hears Renesmee!

Posted By: EMI January 22, 2012 Leave A Comment

Daniel Radcliffe and Twilight star Peter Facinelli are among the latest guest hosts confirmed for Live with Kelly!.

Harry Potter star Radcliffe will join Kelly Ripa on the Tuesday, January 31 installment of the daytime talkshow, which will feature guest Rachel McAdams.

Facinelli, who plays Dr Cullen in the Twilight franchise and Dr Cooper in Nurse Jackie, will join Ripa for a talk with Jersey Shore stars Nicole ‘Snooki‘ Polizzi and Jenni ‘JWoww‘ Farley on Thursday, February 2.

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Posted By: EMI January 20, 2012 Leave A Comment

Posted By: EMI January 19, 2012 Leave A Comment

Hey Guys. So You May Have Seen a bunch of sites On the internet blacked out, or not working. this is because the congress in the US are proposing a bill (that may become a law) called SOPA which stands for “Stop Online Piracy Act” This means the government can shut down sites that have copyrighted material on it. This would shut down Google, Tumblr, Twitter, Facebook and other sites.

If you want to learn more you can visit sopastrike.com. thanks!

Posted By: EMI January 14, 2012 Comments Off

Lionsgate has purchased Summit for $412.5 million, the companies announced on Friday.

The two independent studios have been circling each other for months. The deal is being structured as a leveraged buyout, in the form of cash and stock.

“We are uniting two powerful entertainment brands, bringing together two world-class feature film franchises to establish a commanding position in the young adult market, strengthening our global distribution infrastructure and creating a scalable platform that will result in significant and accretive financial benefits to Lionsgate shareholders,” Lionsgate Co-Chairman and Chief Executive Officer Jon Feltheimer and Vice Chairman Michael Burns said in a statement.

“Rob Friedman and Patrick Wachsberger have built a remarkable organization, and we’re pleased to welcome Summit’s talented team to the Lionsgate family,” the pair added.

Colony Capital had also been pursuing Summit, but dropped out a few weeks ago, according to an individual with knowledge of the negotiations.

Summit brings with it debt, but that will be paid off with profits from the final two “Twilight” movies, allowing Lionsgate to keep that sum off its own books.

The remainder was funded with $55 million of cash from Lionsgate, $45 million of cash received from a newly issued series of Lionsgate convertible notes, $50 million of Lionsgate common stock and an additional $20 million of cash or stock will be optioned by Lionsgate within 60 days.

The stock will amount to roughly 4 percent of Lionsgate’s shares.

The debt that Summit took on last spring, has been refinanced into a new $500 million loan, which will be paid off by 2016. Lionsgate said it anticipates retiring the debt before that date.

Summit co-chairs Rob Friedman and Patrick Wachsberger will likely oversee Lionsgate’s film division, but no contract has been signed, according to individuals with knowledge of the situation. If a deal is completed, Friedman would likely oversee domestic operations for the merged companies’ film operations and Wachsberger would handle the international end.

An announcement on the new management team is expected in the next few weeks, according to an individual with knowledge of the matter.

The deal places a question mark over the future of production chief Joe Drake. It also means one less buyer in an already reduced indie landscape — and layoffs at the two companies.

Lionsgate will get a modest library of titles that also includes “The Hurt Locker” and “R.E.D.,” which it can add to its paid TV network Epix. Perhaps more important, Lionsgate will gain Summit’s expertise in international distribution — an area where it is lacking.

However, insiders at both studios feel that Summit’s experience in transforming the vampire “Twilight” series into a global box office phenomenon can help Lionsgate pull off a similar feat with “The Hunger Games.” This could help turn the studio, a launching pad for mid-budget genre films, into a lekking ground for young adult film franchises.

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Posted By: EMI January 12, 2012 Comments Off

Hey guys! Tonight Ashley Greene & Robert Pattinson attended the 2012 Peoples Choice Awards! take a look at images & videos below!

Images:

(023x) Home > Appearances & Events > 2012 > 01/11/12: Peoples Choice Awards

Videos:

Posted By: EMI January 10, 2012 Comments Off

Robert Pattinson is a People’s pleaser.

I can exclusively reveal…

The Twilight star is expected to make an appearance at the People’s Choice Awards on Wednesday.

Pattinson is up for Favorite Movie Actor against Daniel Radcliffe, Hugh Jackman, Johnny Depp and Ryan Reynolds. He also has his next flick, Bel Ami, to promote before its release in early March.

Pattinson won’t be the only Twi-star at the show. Ashley Greene is on the list to present.

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Posted By: EMI January 5, 2012 Comments Off

Posted By: EMI January 5, 2012 Comments Off

Posted By: EMI January 2, 2012 Comments Off

Summit Entertainment, one of the town’s biggest success stories in recent years, begins 2012 with two potential buyers seriously kicking the tires of the minimajor.

Privately held Summit, facing the end of the “Twilight” franchise this year, could decide as early as this week whether to accept competing buyout offers from Lionsgate and Miramax owner Colony Capital. Though the talks have been going on for several weeks, spokespeople for the three companies have not confirmed any of the negotiations and have had no comment.

People familiar with the situation have indicated the bids for Summit are in $350 million to $400 million range and noted that a deal could take many more weeks to close. As a public company, Lionsgate would be required to clear several hurdles to complete such a transaction — which isn’t expected to include issuing significant amounts of stock or debt.

Summit’s coming into 2012 with its fourth “Twilight” pic having racked up a stellar $273 million domestically and another $362 million internationally. “The Twilight Saga: Breaking Dawn — Part 2,” due to open Nov. 16, is likely to perform in the same range.

Over the past five years, Summit co-chairs Rob Friedman and Patrick Wachsberger have transformed Summit from a foreign sales company into a full-service production and distribution studio. Their timing has been fortunate with Summit announcing a $1 billion financing deal in April 2007 — a transaction that would not have been possible a few months later as the financial markets began melting down.

In March, Summit Entertainment closed a $750 million financing deal — a $550 million term loan and a $200 million revolving line of credit — that allowed the company to unshackle itself from itself from some of its debt, increase feature production and run day-to-day operations. It also paid a cash distribution to its largest investors, including Participant Media and private equity fund Rizvi Traverse Management.

If either the Lionsgate or Colony deals go through, Friedman and Wachsberger are expected to remain in some kind of top-level exec capacities in the merged entity. Summit and Lionsgate have had discussions about uniting going back as far as the fall of 2008, just before the bow of the first “Twilight” pic. Colony, which completed a $663 million buyout of Miramax from Disney in December 2010, emerged as a possible Summit bidder in November.

Both deals would bolster the new Summit’s ability to operate as a minimajor. Lionsgate and Miramax possess significant libraries and the merged entity would have more firepower in a marketplace where the major have scaled back the production of mid-budget films in favor of tentpole and franchise properties — creating an opportunity for sizable indies to fill that gap.

Summit has shown that it can exploit a franchise in “Twilight” while Lionsgate’s in the midst of starting its own tentpole property with the four-picture “The Hunger Games” franchise. The first “Games” opens March 23 and the trailer has been attached to “Breaking Dawn — Part 1.”

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