EXCLUSIVE: There’s more movement on the Summit Entertainment and Lionsgate film front now that the two companies have become one. I’ve just learned that Summit Entertainment’s President of Worldwide Production and Acquisitions Erik Feig will be named President Of Production of the Lionsgate Motion Picture Group. Feig has worked at Summit for the past 11 years. Then 2 years ago Walt Disney Studios boss Rich Ross tried to woo the billions-dollar-franchise Twilight Saga guru away from Summit. But Feig stayed loyal and, besides, he was still under contract and has been a partner at Summit since 2007. As for Lionsgate’s Joe Drake and Alli Sheamur, their positions remain the same for now although I hear that Sheamur is talking to Lionsgate about her future role at the company. “She’ll continue to focus on the movies shes working on,” an insider tells me, “and they’re trying very hard to keep her there.”
Feig began his career by producing Sony Pictures’ teen horror films I Know What You Did Last Summer and I Still Know What You Did Last Summer then that studio’s teen comedy Slackers. He was the executive who brought Stephenie Meyer’s vampire books to Summit after Paramount Pictures put the project in turnaround. Feig also was involved in his company’s purchasing the distribution rights to Kathryn Bigelow’s Best Picture Oscar winner The Hurt Locker. After developing projects for most of the major studios and networks, Feig was under an overall producing deal with Artisan when Summit recruited him to run their film activities.