Chapter 27 will cost Peace Arch dearly.. shareholders of PAE beware
We have been contacted by many of the loyal reader of our Boycott Chapter 27 blog regarding the recent announcement by John Flock of Peace Arch Entertainment, that Chapter 27 will be released in US theaters. The recent press release claims that Chapter 27 (the film that glorifies the killer of John Lennon) will be released in March of 2008, a full 2 years after it had been completed. Many of our readers are of course very disturbed by this news and initially so were we. After reviewing the situation, we have decided that this will most likely only to serve as a huge financial catastrophe for Peace Arch. Keep in mind, just because the company has made the heartless decision to attempt to have Chapter 27 shown in theaters, it does not mean people will decide to spend their hard earned dollars to see this piece of Jared Leto and Lindsey Lohan crap. It only means that Peace Arch will spend its shareholders money attempting to convince theater owners to show the Chapter 27 trailers in hopes of generating interest. This move with undoubtedly destroy this company. The curse of Chapter 27 will go beyond Schaefer, Leto, and Lohan, it will extend to Peace Arch management and eventually the shareholders of PAE. After all these are the people ultimately responsible for the desecration of John Lennons grave.
We have included the press release below in order to show the crap being old to the shareholders and entertainment media regarding Chapter 27 and the entire Peace Arch Entertainment organization.
Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company creating and acquiring critically acclaimed film and television programming, announced today that the Company's controversial feature film "Chapter 27" earned the Debut Feature Prize at its European premiere at the Zurich Film Festival. The prize, which was awarded to first-time director Jarrett Schaeffer, is the latest in a series of awards that the Company's feature films and television programs received during 2007.
The controversial film, a psychological drama about Mark Chapman's gradual breakdown during the days leading up to his murder of Beatle John Lennon, will begin its international theatrical release in Japan in December 2007. Peace Arch will release the Picture theatrically in the United States beginning in March 2008.
"Chapter 27" stars Jared Leto ("Requiem For A Dream," "Panic Room," "Fight Club"), Judah Friedlander ("Zoolander," "Meet The Parents") and Lindsay Lohan ("Mean Girls," "Freaky Friday," "Herbie Fully Loaded"). The film was written and directed by Jarrett Schaefer, and produced by Robert Salerno, Naomi Despres and Alexandra Milchan. "Chapter 27" had its world premiere at the 2007 Sundance Film Festival to sold-out theaters and great controversy over its subject matter. The Zurich Film Festival marked the picture's European festival premiere.
"With the much anticipated theatrical release of 'Chapter 27,' Peace Arch continues to implement its strategic initiative to become a leading theatrical distributor of critically acclaimed and commercially desirable independent films," said John Flock, President and Chief Operating Officer of Peace Arch Entertainment Group. "As we continue to grow our North American distribution operations through accretive acquisitions like Trinity Home Entertainment, expand our television operations with major events like the second season of 'The Tudors,' and build our international theatrical and television sales business with a deep lineup of new programming and library content at events like this week's MIPCOM sales market, our North American theatrical releasing component becomes a key aspect of our plan to build a fully integrated, industry-leading global entertainment company."
Peace Arch acquired Westlake Village, California-based DVD distributor Trinity Home Entertainment, one of the leading independent distributors of budget and first-run feature films in the United States, in July 2007.
Enjoy your short term financial gains made on John Lennons blood, the gains will not last long....
INSTANT KARMAS GONNA GET YA
Peace
Labels: chapter 27, entertainment, Jared Leto, jarrett Schaefer, john lennon, lindsay lohan, lindsey lohan, movie, movies, PAE, peace arch entertainment