14 January 2012 10:47 AM, PST | The Playlist | See recent The Playlist news »

$412.5 million. That's how much Lionsgate just paid to acquire Summit in a deal that closed this week. Summit have made a name for themselves thanks to the massive global box office of the "Twilight" films, and over the years, stamped themselves as players with small films that exceeded expectations: "Knowing," "50/50," "Red," "Source Code," "Letters To Juliet" and Best Picture winner "The Hurt Locker" (which won the Oscar despite a terrible reception at the box office). But let's be honest, Lionsgate didn't buy Summit for those. They want the bloodsuckers and werewolves. Twihards will likely rejoice at the suggestion that, while it's far from being official, Lionsgate chief Jon Feltheimer is keeping the flame for a fifth movie alive. Speaking to Company Town, the executive made it clear that it pretty much makes zero business sense to stop a lucrative franchise at the height of its »


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