Summit Entertainment was acquired by Lionsgate in 2012. Lionsgate is a nearly $2 billion diversified global entertainment corporation with a leading presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution and new channel platforms. Lionsgate manages one of the most prestigious and prolific libraries in the entertainment industry with nearly 13,000 titles, a diverse portfolio of businesses and an exciting, commercially potent feature film slate of 12 to 15 releases a year.