‘Twilight' Is Also Coming to TV as ‘Harry Potter' Gets Rebooted [BNN Bloomberg (Canada)]
Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A)
Last lions gate entertainment corporation class a voting shares earnings: 2/6 04:05 pm
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Source: BNN Bloomberg
Lions Gate Entertainment Corp. is developing the series — based on the young-adult books by Stephenie Meyer — for television, according to a person familiar with the matter. But plans are in the very early stages and haven't been finalized, said the person, asking not to be identified because the information isn't public. The Hollywood Reporter first reported on the plans. Shares of Lions Gate jumped more than 6% to $11.49 in New York on Wednesday. News of a potential Twilight series follows plans by Warner Bros. Discovery Inc. to create a TV show based on J.K. Rowling's Harry Potter saga, which was previously made into eight movies. It underscores the pressure studios are facing to squeeze as much revenue as possible from intellectual-property rights they own, especially if they've already generated billions of dollars from the franchises. The five Twilight movies — the first of which was released in 2008 — grossed $3.3 billion worldwide, earned stars Robert Pattinson and Kris
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