Monday, November 23, 2009

The "Twilight" saga is headed to FX

LOS ANGELES (Hollywood Reporter) - The "Twilight" saga is headed to FX.

The network has acquired the ad-supported TV rights to the four "Twilight" movies in a package deal with producer Summit Entertainment that also includes the indie studio's Oscar hopeful "The Hurt Locker," the Nicolas Cage thriller "Knowing" and action feature "Push."

Under the pact, FX will start running last year's "Twilight," the first movie in the franchise, beginning in late 2011. "The Twilight Saga: New Moon," which shattered box-office projections and opened at $142.8 million domestically this past weekend, will be available in late 2012. "Eclipse," which is slated for a June 30 release, will have its premiere on FX in early 2013. Summit has yet to green-light production on "Breaking Down," an adaptation of the fourth book in Stephenie Meyer's "Twilight" series.

"Locker," "Knowing" and "Push" will debut on FX in mid-2012.

All seven films are set to go to FX after completing their pay cable window on Showtime, which last year inked a four-year output deal with Summit.

The license fee for the movies is based on their North American box-office performance. If the third and fourth "Twilight" movies continue to do well and each reach the $200 million mark domestically, FX could end up paying close to $100 million for the quartet. (For a marquee film title, ad-supported networks usually shell out about 12 percent of the domestic tally and as much as $24 million if the movie's receipts total crosses $200 million.)

FX's deal with Summit mirrors similar output deals the cable network has put in place with Marvel Studios and DreamWorks Animation.

This article is from www.reuters.com

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