Since Twilight became an international sensation, studios have been trying to crack into the zeitgeist Summit Entertainment created by adapting the first of Stephenie Meyer's best-selling YA novel series.
Lionsgate answered first with The Hunger Games (currently enjoying its second week of being #1 at the box office) and, for good measure, purchased Summit in January just so IT wouldn't miss out on the box office receipts that The Twilight Saga: Breaking Dawn Part 2 will reap when it opens in November.
Sony is now ready to compete with Lionsgate's hold on young adults. The studio's genre arm has scheduled a release date for its adaptation of The Mortal Instruments — a little over a month after it had reportedly decided not to pursue the movie at all. more about The Mortal Instruments >>