Universal Studios is one of the oldest film studios in the world, founded in 1912. It is now owned by NBCUniversal and has production centers in Universal City, California and other offices worldwide. Some of Universal's most famous films include E.T., Jurassic Park, Jaws, and the Fast and Furious franchise. In 2013, Universal had $1.4 billion in total gross income from its films. Lionsgate Entertainment was founded in 1997 and has grown through acquisitions to become a major studio, purchasing Summit Entertainment in 2012. Lionsgate has had success with films like The Hunger Games franchise and the Twilight saga. In 2013, Lionsgate reported $2.1 billion in revenue and $273.