Merrill Lynch & Co. Inc. is going Hollywood, in a big way. The global investment firm has laid out $1 billion to transform Summit Entertainment, Patrick Wachsberger’s foreign film agency, into a new ...

Despite What You Might’ve Heard, Juan Antonio Bayona Is Still Directing Twilight 3, Says Nikki FinkeThis is going to be the biggest “TOLDJA!” ever.

So what's the deal? Is Summit Entertainment one of the big studios now? Should we consider them such, or are they still an indie production company? The truth is slightly murky at this point, with the ...