Summit Looking to Buy The Weinstein Company?

Could the past two months be any stranger for The Weinstein Company? Inglourious Basterds became the studio's biggest smash since Scary Movie 4, and then Halloween 2 limped out of the gate like an unimaginative sequel to an unneccesary remake. Then the already hurting company hastily announced a 3-D threequel, which was officially put on hold over the weekend. But those are all appetizers. The main course is the talk that Summit Entertainment might want to buy TWC, although that's based on a Nikki Finke report that Summit is indeed looking to buy...something. It could be libraries of other films, Finke points out, but the upstart studio could also be looking at MGM, or at least its valuable properties, James Bond and The Hobbit, or as New York magazine suggests, it could make a play for Harvey's House. That's a big what if, but it's not beyond the scope of possibility. I still think The Weinstein Company could save itself with the release of Nine later this year, at least for the time being. That film has a legitimate shot to make a play for Best Picture, and if it makes money, as well, that could keep the wolves at bay. The other interesting angle here is exactly what Summit is up to. There are a lot of possibilities right now, such as Terminator, which recently came on the market. And Summit will only be in a better place after the release of New Moon, a film that cost the studio less than an average movie production but could do about $400 million around the world. Would that be enough to pick up a teetering Weinstein Company? It's a hell of a start.