Showtime, Summit in Output Agreement

LOS ANGELES, December 5:
Showtime Networks has secured an exclusive output deal to air up to 42 films
from Summit Entertainment that will be released theatrically between 2008 and
2012, including all titles from the hit Twilight
franchise.

Other titles
from Summit to air on Showtime include Knowing,
directed by Alex Proyas (I Robot, The Crow) and starring Academy Award-winner Nicolas Cage and Rose
Byrne; Push, starring Chris Evans,
Dakota Fanning, two-time Academy Award-nominee Djimon Hounsou and Camilla
Belle; Next Day Air, featuring Donald
Faison, Mos Def and Mike Epps; Bandslam,
starring Vanessa Hudgens, Alyson Michalka and Lisa Kudrow; and Sorority Row, with Rumer Willis and
Briana Evigan.

"We're
very happy to be in business with Summit Entertainment," said Matthew C. Blank, the chairman and CEO of Showtime
Networks. "The extraordinary success of Twilight and the films in Summit Entertainment's pipeline will be a
great addition to Showtime's solid movie library at a price that is consistent
with today's marketplace. This new exclusive output agreement will further
solidify Showtime's ability to provide our subscribers the best mix of
award-winning original series and quality theatrical motion pictures for years
to come."

"Showtime
has done a great job of establishing itself as a must-see destination on
television," said Rob Friedman, the co-chairman and CEO of Summit
Entertainment. "This agreement provides Summit with the ability to have
our product exhibited on one of the premiere pay-television services in the
world and it is also a great complement to our other distribution
partners."

—By Kristin
Brzoznowski