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All it took was one big Box Office day for Summit Entertainment to officially commit to more Twilight. They’re so excited, they came into work on a Saturday to email us and let us know that they are officially moving forward on the sequel, based on the second book in Stephanie Meyer’s vampire series. It’s called New Moon and there’s no way to keep it from rising.

This isn’t exactly a surprise. A few weeks ago the company locked up the movie’s screenwriter, Melissa Rosenberg to start working on scripts for New Moon and the other inevitable sequels to follow. Now, even though she probably hasn’t finished the script, the whole thing has a big, screaming, green light. Twilight made $35 million just on its opening day domestically. It only cost $37 million to make so even if no one shows up to see it on Saturday and Sunday they’ve already pretty much turned a profit. For a relatively new, smallish studio like Summit, this is a really big deal.

From what we’ve heard, it’s likely the same old cast will return. Twilight may make them a hot commodity, but before it it’s not like Robert Pattinson and Kristen Stewart were in big demand. They owe them.

Everyone who hasn't been brainwashed by the books seems to agree that this is a very poorly done movie, which makes this sequel news particularly depressing for lovers of good film, while at the same time presumably the best thing ever to all of the women who came squealing out of midnight screenings on Tuesday. The silver lining here is that since the first movie has made so much money, the second one will almost certainly have a bigger budget. Maybe that won't help the script any, but some halfway decent special effects couldn't hurt.

Below I’ve posted the full, official press release from Summit announcing New Moon. You fangless Twilight fans may want to frame it or something. Non-fans should probably print it out and burn the thing in effigy. You’ve just been sentenced to spend the rest of this decade Meyered in emo vampire emotion porn.



SUMMIT ENTERTAINMENT ANNOUNCES TWILIGHT SEQUEL – NEW MOON

Los Angeles, CA November 22, 2008 – Summit Entertainment announced today that the studio is officially moving forward with the production of NEW MOON, the second installment of its filmed franchise TWILIGHT, the action-packed, modern day vampire love story. The movie will be based on the second novel in author Stephenie Meyer’s Twilight series titled, New Moon. The first movie in the TWILIGHT franchise, the self-titled TWILIGHT, arrived in theaters this weekend to sold-out showings.

Stephenie Meyer stated, "I don't think any other author has had a more positive experience with the makers of her movie adaptation than I have had with Summit Entertainment. I'm thrilled to have the chance to work with them again on NEW MOON."

Starring Robert Pattinson and Kristen Stewart, TWILIGHT tells the story of 17-year-old Bella Swan who moves to the small town of Forks, Washington to live with her father, and becomes drawn to Edward Cullen, a pale, mysterious classmate who seems determined to push her away. But neither can deny the attraction that pulls them together…even when Edward confides that he and his family are vampires. Their unorthodox romance puts her in physical danger when Edward’s nemesis comes to town and sets his sights on Bella.

About Summit Entertainment, LLC
Summit Entertainment, LLC is a worldwide theatrical motion picture development, financing, production and distribution studio. The studio handles all aspects of marketing and distribution for both its own internally developed motion pictures as well as acquired pictures. Summit Entertainment, LLC also represents international sales for both its own slate and third party product. Summit Entertainment, LLC plans to release 10 to 12 films annually.

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