Twilight is set to make its way to TV as Harry Potter is rebooted

Twilight is set to make its way to TV as Harry Potter is rebooted

Twilight is set to make its way to TV as Harry Potter is rebooted

Twilight, the vampiric romance series that spawned five blockbuster movies and captured the hearts of brooding teenagers around the world, is coming to television.

Lions Gate Entertainment 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 have not been finalized, the person said, asking not to be identified as the information is not public.

The Hollywood Reporter first reported on the plans. Shares of Lions Gate jumped more than 6% to $11.49 (about 945 rupees) in New York on Wednesday.

News of a possible Twilight series follows plans from Warner Bros. Discovery to create a TV show based on JK Rowling Harry Potter saga, which was previously made into eight films. This underscores the pressure studios face to make as much revenue as possible from the intellectual property rights they own, especially if they have already generated billions of dollars from franchises.

The five Twilight films – the first of which was released in 2008 – have grossed $3.3 billion (about Rs. 27,127 crore) worldwide, won stars Robert Pattinson and Kristen Stewart a legion of die-hard fans and transformed the series into a cultural touchstone for a generation of young moviegoers.

As for Lions Gate, it is struggling to find a buyer and has lost more than 30% of its market value since the start of 2022, even though it has a library of nearly 20,000 titles, including The Hunger Games. . He recently got a reprieve with the hit John Wick: Chapter 4, the latest installment in the action movie series starring Keanu Reeves.

© 2023 Bloomberg LP

Affiliate links may be generated automatically – see our ethics statement for details.


Be the first to comment

Leave a Reply

Your email address will not be published.