SOURCE: Peace Arch Entertainment Group Inc.

October 08, 2007 03:30 ET

Peace Arch Entertainment Announces Acquisition of Worldwide Rights to Dark Comedy "The Babysitters" Starring Critically-Acclaimed Cast

Peace Arch Continues to Aggressively Expand Distribution Pipeline Through Third Party Acquisitions and In-House Productions

TORONTO, ON--(Marketwire - October 8, 2007) - Peace Arch® Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company creating and acquiring critically-acclaimed film, television and DVD content for worldwide distribution, today announced an agreement to acquire all worldwide rights to the dark comedy "The Babysitters," featuring rising star Katherine Waterston ("Michael Clayton") alongside Emmy® Award winners and Golden Globe® nominees John Leguizamo ("Moulin Rouge") and Cynthia Nixon ("Sex and the City"). Peace Arch will release the film theatrically in the United States and Canada in the spring of 2008.

The acquisition deal was negotiated for Peace Arch Entertainment by the company's Larry Greenberg, Berry Meyerowitz, Mark Balsam and Julie Sultan with Collective's Shaun Redick and attorney Benjamin Reder.

Peace Arch launched its North American theatrical releasing operations with the Canadian release of the Steve Buscemi-directed feature film "Interview," starring Sienna Miller and Mr. Buscemi, followed by the August, 2007 U.S. release of the Tom DiCillo-directed, award-winning comedy, "Delirious," starring Mr. Buscemi, Michael Pitt, Alison Lohman and Gina Gershon. Both "Interview" and "Delirious" had premieres at the 2007 Sundance Film Festival.

"As we continue to expand our direct distribution operation in the United States and Canada, the acquisition of top quality completed films like 'The Babysitters' is becoming a meaningful aspect of our business model," said John Flock, President and Chief Operating Officer of Peace Arch Entertainment Group. "Our ability to license these films to overseas distributors through our industry-leading international sales team, coupled with our growing direct distribution capabilities in North America, not only provides a lucrative new source of revenue for our Company, but has also made us an exciting new alternative for independent filmmakers seeking worldwide exposure for their projects."

In "The Babysitters," a teenage girl (Waterston) turns her babysitting service into a call-girl ring for married men after a tryst with one of her customers (Leguizamo). "The Babysitters" is written and directed by David Ross, who makes his directorial debut. The film is produced by Jennifer Dubin, Jason Dubin, Cora Olson, John Leguizamo and Kathy DeMarco.

Peace Arch Entertainment's expanding line up of feature films and long-form television programming includes the powerful ensemble drama "Winged Creatures," starring Kate Beckinsale, Forest Whitaker, Jennifer Hudson, Dakota Fanning, Guy Pearce and Jackie Earle Haley, and the film comedy "The Deal" from the best-selling Peter Lefcourt novel, with a cast that includes William H. Macy, Meg Ryan, LL Cool J and Elliott Gould, as well as the hit ten-part, multi-Emmy Award®-winning television series "The Tudors" starring Golden Globe® Award-winning actor Jonathan Rhys Meyers, which premiered to record audiences on Showtime in the US in April.

Other titles in Peace Arch's lineup of theatrical films include the drama "Chapter 27" starring Jared Leto and Lindsay Lohan, which world premiered at the 2007 Sundance Film Festival; and the romantic comedy "Watching the Detectives" starring Lucy Liu and Cillian Murphy, which world premiered at the 2007 Tribeca Film Festival in New York City.

About Peace Arch Entertainment Group Inc.

Peace Arch Entertainment produces and acquires feature films, television and home entertainment content for distribution to worldwide markets. Peace Arch owns one of the largest libraries of top quality independent feature films in the world, featuring more than 500 classic and contemporary titles. Through its subsidiary, Peace Arch Home Entertainment, Peace Arch is also one of the leading distributors of DVDs and related products in Canada. For additional information, please visit Peace Arch recently acquired Dufferin Gate Productions, one of Toronto's foremost providers of production services and facilities, and Trinity Home Entertainment, a leading distributor of independent features films in the United States.

Contact Information

  • Contacts:

    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 776-7208
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    Financial Communications
    Trilogy Capital Partners
    Ryon Harms
    (800) 592-6067
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