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Report: Summit Entertainment Eyes Deals

Studio hires Morgan Stanley to take a bite on Hollywood deals.

Summit Entertainment, the film studio behind the "Twilight" franchise, is prowling for deals.

The studio is about to put Morgan Stanley on retainer to help it sniff out growth opportunities — which could include making a run at Metro-Goldwyn-Mayer or The Weinstein Co., The Post has learned.
 
Summit’s move comes as Hollywood braces itself for a consolidation wave stemming from financial belt-tightening at the conglomerates that own the major studios, Disney’s recent $4 billion buy of Marvel Entertainment, and restructuring initiatives at MGM and TWC.
 
Read more at the New York Post.