Hi Twilighters, check this article out as posted on Twilight Poison. Twilight Saga rocks ^_* ! -Liana- (via @TwilightPoison)
The LA Times has a new article about the success of Twilight and what it means for Summit Entertainment.
“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.
Summit’s runaway success with “Twilight” is a very big deal, since — like ‘em or not — franchises provide the building blocks for the modern movie business.
With them, a studio has the money in the bank (as well as the
blockbuster in the can) to help survive a lean year or a couple of
costly flops. You never see any of the top execs at Warners crawling
out on a high ledge, preparing to jump when the studio is pulverized by
a disaster like “Poseidon” or “Speed Racer” or “Body of Lies.” That’s
because Warners always has another “Harry Potter” or “Batman” saga
sitting on the pad, preparing to launch into the box-office
stratosphere. Ditto for Sony with “Spider-Man,” Paramount with “Star
Trek” or Disney with “Pirates of the Caribbean.”
click HERE for complete article.

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