Movies to Avoid...Stop Peace Arch
This is a list of movies to avoid, not for any possible artistic merit they may have, but simply to cause the owners of Peace Arch Entertainment (PAE) financial pain for backing "Chapter 27"
TORONTO--(MARKET WIRE)--May 15, 2006 -- Peace Arch Entertainment Group Inc. (AMEX:PAE - News) (TSX:PAE-LV.TO - News), one of North America's fastest growing independent entertainment companies, is pleased to announce that it will market its largest-ever slate of feature film projects at this year's Cannes International Film Festival and Feature Market, which runs May 17-28.
The Company's slate of 11 new feature films to be marketed at Cannes for international distribution reflects the rapid growth of Peace Arch's film pipeline since the beginning of the Company's fiscal year on September 1, 2005. A key component of Peace Arch's strategic business goals is the production and acquisition of new film properties for both its Peace Arch Films label and its fast-growing, recently established Archetype Films banner.
The slate includes four new titles currently in production to be sold under the Peace Arch Films label. The Company will also market an additional seven new titles through its Archetype Films division, which focuses on films in the horror, thriller, action and sci-fi genres. All of the films will be offered to distributors in the U.S. and throughout the world along with other films already in the Peace Arch catalogue.
The Peace Arch strategic development plan calls for the production or acquisition of 4 to 6 films per year intended for theatrical release and sold under the Peace Arch Films label. The Company's Archetype Film division is on track to reach its goal of releasing 10 to 12 horror and other genre titles per year, which are intended primarily for worldwide DVD and television markets. Peace Arch recently announced a multi-picture U.S. DVD distribution agreement for its Archetype projects with Genius Products Inc., one of the leading independent home entertainment distributors in North America. Much of the Archetype slate has already been licensed to major distributors in Canada, Spain, the United Kingdom, Germany and numerous other territories.
"During the last two quarters Peace Arch has been very successful in aggressively expanding both our film production slate and our sales and marketing infrastructure," said John Flock, President of Peace Arch Entertainment. "We've added highly regarded industry veterans like former HBO Films international sales chief Penny Wolf and former Paramount Television international sales head Gary Marenzi to our team; we acquired KaBOOM! Entertainment, one of the best DVD distribution companies in Canada; and we recently entered into an agreement to acquire the 500-title Castle Hill/Dream film library and bring on board Dream's Mark Balsam, one of the most knowledgeable executives in the U.S. distribution market. We've also added top-notch staff in the supporting roles while at the same time filling the distribution pipeline with eleven exciting new films to be marketed at Cannes next week. We believe our investment in product and infrastructure over the past few quarters has given Peace Arch a strong portfolio of projects to sell and a great team to sell them as we enter this new season of sales for the North American and international film marketplace."
Among Peace Arch's latest film acquisitions is the feature "In Tranzit," starring John Malkovich ("Being John Malkovich"), Thomas Kretchmann ("King Kong") and Vera Farmiga ("The Manchurian Candidate") in a gripping drama set in a World War II Soviet prison camp and "How to Change in Nine Weeks" a compelling true story about the perils of teenage life. Other new and recent titles in the Peace Arch slate include:
The Company's slate of 11 new feature films to be marketed at Cannes for international distribution reflects the rapid growth of Peace Arch's film pipeline since the beginning of the Company's fiscal year on September 1, 2005. A key component of Peace Arch's strategic business goals is the production and acquisition of new film properties for both its Peace Arch Films label and its fast-growing, recently established Archetype Films banner.
The slate includes four new titles currently in production to be sold under the Peace Arch Films label. The Company will also market an additional seven new titles through its Archetype Films division, which focuses on films in the horror, thriller, action and sci-fi genres. All of the films will be offered to distributors in the U.S. and throughout the world along with other films already in the Peace Arch catalogue.
The Peace Arch strategic development plan calls for the production or acquisition of 4 to 6 films per year intended for theatrical release and sold under the Peace Arch Films label. The Company's Archetype Film division is on track to reach its goal of releasing 10 to 12 horror and other genre titles per year, which are intended primarily for worldwide DVD and television markets. Peace Arch recently announced a multi-picture U.S. DVD distribution agreement for its Archetype projects with Genius Products Inc., one of the leading independent home entertainment distributors in North America. Much of the Archetype slate has already been licensed to major distributors in Canada, Spain, the United Kingdom, Germany and numerous other territories.
"During the last two quarters Peace Arch has been very successful in aggressively expanding both our film production slate and our sales and marketing infrastructure," said John Flock, President of Peace Arch Entertainment. "We've added highly regarded industry veterans like former HBO Films international sales chief Penny Wolf and former Paramount Television international sales head Gary Marenzi to our team; we acquired KaBOOM! Entertainment, one of the best DVD distribution companies in Canada; and we recently entered into an agreement to acquire the 500-title Castle Hill/Dream film library and bring on board Dream's Mark Balsam, one of the most knowledgeable executives in the U.S. distribution market. We've also added top-notch staff in the supporting roles while at the same time filling the distribution pipeline with eleven exciting new films to be marketed at Cannes next week. We believe our investment in product and infrastructure over the past few quarters has given Peace Arch a strong portfolio of projects to sell and a great team to sell them as we enter this new season of sales for the North American and international film marketplace."
Among Peace Arch's latest film acquisitions is the feature "In Tranzit," starring John Malkovich ("Being John Malkovich"), Thomas Kretchmann ("King Kong") and Vera Farmiga ("The Manchurian Candidate") in a gripping drama set in a World War II Soviet prison camp and "How to Change in Nine Weeks" a compelling true story about the perils of teenage life. Other new and recent titles in the Peace Arch slate include:
* "Chapter 27" (Lindsay Lohan, Jared Leto)
* "Delirious" (Steve Buscemi, Michael Pitt)
* "Guantanamero" (Rupert Evans, Sir Derek Jacobi)
* "Shadows in the Sun" (Harvey Keitel, Joshua Jackson)
* "The Confessor" (Christian Slater, Molly Parker)
The Archetype Films titles being presented include:
* "Delirious" (Steve Buscemi, Michael Pitt)
* "Guantanamero" (Rupert Evans, Sir Derek Jacobi)
* "Shadows in the Sun" (Harvey Keitel, Joshua Jackson)
* "The Confessor" (Christian Slater, Molly Parker)
The Archetype Films titles being presented include:
* "The Last Sect" (David Carradine)
* "5ive Girls" (Ron Perlman)
* "Warriors of Terra" (Edward Furlong)
* "Heartstopper" (Robert Englund)
* "Ultimate Killing Machine" (Michael Madsen)
* "Troubled Waters" (Jennifer Beals)
* "The Veteran" (Ally Sheedy)
* "The Stranger Game" (Mimi Rogers)
* "The Keeper" (Dennis Hopper")
* "Hollywood Flies" (Brad Renfro)
To view an online presentation of the Company's Cannes 2006 Market Letter, please visit http://www.trilogy-capital.com/tcp/peace-arch/cannes.html.
* "5ive Girls" (Ron Perlman)
* "Warriors of Terra" (Edward Furlong)
* "Heartstopper" (Robert Englund)
* "Ultimate Killing Machine" (Michael Madsen)
* "Troubled Waters" (Jennifer Beals)
* "The Veteran" (Ally Sheedy)
* "The Stranger Game" (Mimi Rogers)
* "The Keeper" (Dennis Hopper")
* "Hollywood Flies" (Brad Renfro)
To view an online presentation of the Company's Cannes 2006 Market Letter, please visit http://www.trilogy-capital.com/tcp/peace-arch/cannes.html.
STOP "CHAPTER 27" and Peace Arch Entertainment
IMAGINE.....PEACE
posted by Howard at 3:33 PM
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