SOURCE: Peace Arch Entertainment Group Inc.

January 22, 2008 06:30 ET

Peace Arch Entertainment Announces "The Deal" to World Premiere at 2008 Sundance Film Festival

Invitation to Screen "The Deal" at North America's Most Influential Independent Movie Showcase Marks Company's Second Consecutive Year at Sundance

TORONTO--(Marketwire - January 22, 2008) - Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company, announced today that the Company will world premiere "The Deal" at the prestigious Sundance Film Festival today, January 22, at 9:30 pm MST at the 1,200 seat Eccles Theater in Park City, Utah. "The Deal" will have its world premiere in Sundance's elite Premieres Program, which showcases the diversity of contemporary cinema. Entertainment industry executives are expected to attend the premier to explore possible acquisition and distribution contracts.

"Peace Arch expects to build upon the success of this year's Sundance festival, as it did last year, with a continued commitment to innovative content that has commercial potential in the marketplace," said John Flock, President and Chief Operating Officer of Peace Arch Entertainment Group. "We congratulate the cast and crew of 'The Deal' and all the members of the Peace Arch team who contributed to this success, and we are confident that this film will entertain both the Sundance Film Festival audiences and the movie-going public in 2008."

Held this year from January 17 - 27, 2008 in and around Park City and Salt Lake City, Utah, Sundance is the most influential North American showcase for U.S. and international independent film. Invitations to screen at Sundance are highly coveted, as many of the most successful and critically acclaimed independent films each year are premiered there.

"The Deal" stars William H. Macy ("Thank You For Smoking," "The Cooler," "Fargo"), Meg Ryan ("When Harry Met Sally," "Sleepless In Seattle," "You've Got Mail"), LL Cool J ("Deep Blue Sea," "Any Given Sunday") and Elliott Gould ("Ocean's Eleven," "MASH"). The film is directed by Steven Schachter and written by Schachter and Macy, based on the popular novel by Peter Lefcourt "The Deal: A Novel of Hollywood" (1991). Macy and Schachter are long-time collaborators having written the multiple Emmy® Award-winning television movie "Door to Door" and the Emmy® Award and Golden Globe nominated television movie "The Wool Cap."

In "The Deal," a struggling film producer (Macy) teams up with a beleaguered studio executive (Meg Ryan) who is forced to make a doomed action movie with him in which their mercurial star (LL Cool J) seems determined to finish their careers. When their action hero is kidnapped and the studio abruptly shuts down production, the mismatched pair conspire to keep the cameras rolling at the studio's expense -- and reluctantly fall in love in the process.

"The Deal" is produced by Irene Litinsky, Keri Nakamoto and Michael Prupas and executive produced by Jason Berk, Matt Lane, Gary Howsam and Lewin Webb. The film will be distributed worldwide by Peace Arch Entertainment.

Peace Arch acquired worldwide distribution rights to "The Deal" in April 2007. This acquisition of rights continues Peace Arch's business strategy of assembling a diverse annual slate of new film and television programming through in-house production and third-party acquisitions, and generating revenues by the worldwide distribution of that content.

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 1000 classic and contemporary titles. For additional information, please visit www.peacearch.com. For more investor-oriented information about Peace Arch Entertainment, visit http://www.trilogy-capital.com/tcp/peace-arch/. For current stock price quotes and news, visit http://www.trilogy-capital.com/tcp/peace-arch/quote.html. To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/peace-arch/factsheet.html. To read a transcript of a recent Peace Arch investor conference call or listen to an archived recording, please visit http://www.trilogy-capital.com/tcp/peace-arch/conference.html.

Forward-Looking Statements

This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Contact:

    Roy Bodner
    Senior Vice President
    Marketing and Communications
    Peace Arch Entertainment
    (310) 776-7208
    Email Contact: Email Contact

    Or

    Financial Communications
    Trilogy Capital Partners
    Ryon Harms
    (800) 592-6067
    Email Contact: Email Contact