Basically, Lionsgate is buying out Summit Entertainment thus inheriting all Summit's projects including the biggest of them all... The Twilight Saga. Lionsgate CEO Jon Feltheimer says he wants to continue Twilight past Breaking Dawn Part 2 in either film or television. To quote Mr. Feltheimer:
"It’s hard for me to imagine a movie that does $700 million-plus doesn’t have ongoing value. It’s an amazing franchise that they have done a great job of maintaining with absolutely no deterioration. So the simple answer is ‘Boy I hope so.’"
As the article mentions, Lionsgate squeezed and will potentially still squeeze the life out of the Saw franchise. We got seven films, got promised a conclusion, got a shitty conclusion, and now they want an 8th film that will no doubt be even shittier than the 7th.
Now... this can't happen without Stephenie Meyer's consent, yes? She would have to approve the rights to use the storyline to create more movies and/or a TV show. Lionsgate can't just absorb the existing films and think they can do whatever they want with the story. Or can they?
I never thought I would say this and really mean it, but I am really starting to hate Lionsgate. They are nothing but a bunch of greedy fucks.
EDIT: Here is a link with details of the Summit Entertainment sale... http://blogs.indiewire.com/thompsononhollywood/lionsgate-acquisition-of-summit-is-imminent