How Chapter 27 will kill Peace Arch Entertainment.
You may never read this story in the Wall Street Journal and it will not likely become a case study at Harvard Business School, but over the course of the next few week, we will begin to document how one immoral decision can destroy an organization. The decision by John Flock and Peace Arch Entertainment to finance Chapter 27 will prove to be their undoing. There is no escaping Karma, so while the Board of Directors at Peace Arch Entertainment treat the shareholders of the company like mushrooms (kept in the dark and fed shit), the company will wither and die based on one horrible decision.
The first example of Karma and the "Chapter 27 Effect" (as we will refer to it going forward), is the fact that the two major distributors bidding for "Delirious" have disappeared, did they leave because "Delirious" was not a good film NO, they have walked away because they have decided not to do business with Peace Arch Entertainment (PAE), solely on the basis that they did not have the ethics to refrain from "Chapter 27". The feeling was that this decision was so improper that they would prefer to "Do business elsewhere".
Listed below are some quotes from John Flock - president of PAE and the man responsible for Chapter 27. Listen as he sounds so confident regarding "Delirious" (by the way Steve Buscemi is the MAN), but is not confident know as his stock price has fallen 20% since the Sundance Hype.
"We are confident that the influential audiences at Sundance will find 'Delirious' particularly worthwhile," said John Flock, President of Peace Arch Entertainment. "Tonight's premier is yet another noteworthy validation of Peach Arch's ability to produce and acquire a wide variety of top quality entertainment projects that can provide a solid return on investment."
"Delirious" will have its North American premiere tonight in Sundance's exclusive Spectrum Program, which pays tribute to the abundance of compelling voices and the creative spirit of independent filmmaking.
"Delirious" had its world premiere at the 54th Annual San Sebastian International Film Festival in Spain, where it received three sought-after prizes. Writer-director Tom DiCillo ("Living In Oblivion" "Double Whammy" "The Real Blonde") earned both the Silver Shell for Best Director and the Jury Prize for Best Screenplay, and the film also received the SIGNIS Award from the festival's global jury.
The decision to finance Chapter 27 will be this companies undoing, watch as deal continue to fall apart as they press forward with this film.
The most incredible thing about this study is the fact that Peace Arch had some legitimate potential, if they decide to bury Chapter 27, never release it on dvd, take the loss, and apologize to the fans of John Lennon, this could all go away.
Hell after a sincere apology and the destruction of Chapter 27, I would be willing to increase my holdings in Peace Arch Entertainment (I currently hold 1 share of stock, this is to ensure that I am privy to all company info. including an invitation to the annual shareholders meeting)
Not a likely scenario, but continue to watch this company fall apart, and we will be here to document every little piece.
F....Jackie and Stuttering John
Whaaaaaaa..........I'm back on heroin...Whaaaaaaaa
The first example of Karma and the "Chapter 27 Effect" (as we will refer to it going forward), is the fact that the two major distributors bidding for "Delirious" have disappeared, did they leave because "Delirious" was not a good film NO, they have walked away because they have decided not to do business with Peace Arch Entertainment (PAE), solely on the basis that they did not have the ethics to refrain from "Chapter 27". The feeling was that this decision was so improper that they would prefer to "Do business elsewhere".
Listed below are some quotes from John Flock - president of PAE and the man responsible for Chapter 27. Listen as he sounds so confident regarding "Delirious" (by the way Steve Buscemi is the MAN), but is not confident know as his stock price has fallen 20% since the Sundance Hype.
"We are confident that the influential audiences at Sundance will find 'Delirious' particularly worthwhile," said John Flock, President of Peace Arch Entertainment. "Tonight's premier is yet another noteworthy validation of Peach Arch's ability to produce and acquire a wide variety of top quality entertainment projects that can provide a solid return on investment."
"Delirious" will have its North American premiere tonight in Sundance's exclusive Spectrum Program, which pays tribute to the abundance of compelling voices and the creative spirit of independent filmmaking.
"Delirious" had its world premiere at the 54th Annual San Sebastian International Film Festival in Spain, where it received three sought-after prizes. Writer-director Tom DiCillo ("Living In Oblivion" "Double Whammy" "The Real Blonde") earned both the Silver Shell for Best Director and the Jury Prize for Best Screenplay, and the film also received the SIGNIS Award from the festival's global jury.
The decision to finance Chapter 27 will be this companies undoing, watch as deal continue to fall apart as they press forward with this film.
The most incredible thing about this study is the fact that Peace Arch had some legitimate potential, if they decide to bury Chapter 27, never release it on dvd, take the loss, and apologize to the fans of John Lennon, this could all go away.
Hell after a sincere apology and the destruction of Chapter 27, I would be willing to increase my holdings in Peace Arch Entertainment (I currently hold 1 share of stock, this is to ensure that I am privy to all company info. including an invitation to the annual shareholders meeting)
Not a likely scenario, but continue to watch this company fall apart, and we will be here to document every little piece.
F....Jackie and Stuttering John
Whaaaaaaa..........I'm back on heroin...Whaaaaaaaa
Labels: artie lange, beatles, boycott, Jared Leto, john lennon, lindsey lohan, PAE, peace, peace arch entertainment
posted by Howard at 9:49 AM
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3 Comments:
This incident happened almost 30 years ago. So no one is allowed to make a movie about this topic? Did you ever consider that a film about MDC would maybe spark some renewed interest in the legacy of John Lennon and what happened to him?
to strike you with the most obvious point, HE SHOT JOHN LENNON. Let me say that again, JOHN LENNON, you know, that guy who was in the Beatles, yeah THAT guy. Chapman is a household name already, PERIOD. End of story, ask ten people on the street I promise at least 7 know who Chapman was. HE IS ALREADY FAMOUS, INFAMOUS, UNFORGETTABLE, and you all are complete morons. PERIOD . Boycotting this movie…of all things, ITS A MOVIE. GET A LIFE, Go listen to your Beatles albums and remember a great man who changed music forever and hate Chapman, in the privacy of your own home, and spare the rest of us. Please.
Get a life. Turn off your mommy's computer and get a job.
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