- By TVweb | May 31, 2012
Both Red and Step Up are Summit Entertainment properties, which Lionsgate now controls after purchasing Summit back in January. All of these franchises are still viable box office properties, with The Expendables 2 hitting theaters August 17, Red 2 arriving August 2, 2013, and Step Up: Revolution debuting July 27.
Lionsgate CEO Jon Feltheimer listed all three properties' potential for a TV series during a conference call with investors this morning. Nothing is formalized as of yet, but it's clear the studio has a lot more coin to play with after the blockbuster success of The Hunger Games.
The Expendables was released August 13th, 2010 and stars Sylvester Stallone, Jason Statham, Jet Li, Dolph Lundgren, Eric Roberts, Randy Couture, Steve Austin, David Zayas. The film is directed by Sylvester Stallone.