Deal Calls For Showtime To Air Up To 42 Of Summit's Films Including All Films From The "Twilight" Franchise
Los Angeles, CA, December 04, 2008 — Summit Entertainment and Showtime Networks Inc. have entered into an exclusive output agreement in which up to forty-two of Summit's films to be theatrically released between 2008 and 2012 will air on the network. The agreement includes the studio's box office hit Twilight and future installments in the newly-minted franchise. The announcement was made today by Matthew C. Blank, Chairman and CEO, Showtime Networks, and Rob Friedman, Co-Chairman and CEO of Summit Entertainment.
"We're very happy to be in business with Summit Entertainment. The extraordinary success of Twilight and the films in Summit Entertainment's pipeline will be a great addition to Showtime's solid movie library at a price that is consistent with today's marketplace," said Blank. "This new exclusive output agreement will further solidify Showtime's ability to provide our subscribers the best mix of award-winning original series and quality theatrical motion pictures for years to come."
"Showtime has done a great job of establishing itself as a must-see destination on television," said Friedman. "This agreement provides Summit with the ability to have our product exhibited on one of the premiere pay television services in the world and it is also a great complement to our other distribution partners."