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'Twilight' studio Summit unlikely to merge with Lionsgate

    Reports that Summit -- the studio behind the Twilight movie (pictured) -- and Lionsgate, the makers of the Saw franchise, are discussing a merger have been greatly exaggerated, EW has learned. Following a report yesterday on Sharon Waxman's new website The Wrap, which revealed that the two indie studios are in fact having conversations about a corporate marriage, a source tells EW that those discussions actually occurred before Summit took the $37 million Twilight and turned it into a $340 million worldwide franchise. Now that they've got a real hit on their hands, Summit is going it alone for the time being, with the Dakota Fanning-starrer Push releasing on Friday, and New Moon, the studio's Twilight sequel, scheduled for a Nov. 20 bow.
    Source: EW.com

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'Twilight' studio Summit unlikely to merge with Lionsgate

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