Breaking Finance News

Lions Gate Acquire Rights to Best Selling Book Series

Monday mornings, Lions Gate Entertainment (NYSE: LGF) announced that it had acquired the rights to the bestselling CROSSFIRE series of romantic novels by Sylvia Day.

The CROSSFIRE franchise has sold over 12 million copies since its debut last year. It has topped bestseller lists in North America, Europe, Latin America, Asica and Australia. The most recent book, and third in the series, Entwined with You, sold more than 550,000 copies in its first week and debuted as the #1 New York Times bestseller.

Executive Vice President Chris Selak said,

“The CROSSFIRE series is an incredible property and it is a thrill to bring it to Lionsgate. Sylvia has created an enduring, sexy and edgy story, and we’re looking forward to working with her to create a show that both excites and connects with audiences as her books have done.”

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Disclosure: At the time of this writing, the author had no position in the company mentioned.

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