SOURCE: Peace Arch Entertainment Group Inc.

November 07, 2007 03:30 ET

Peace Arch Entertainment and Genius Products Acquire North American Distribution Rights to Hit International Film "Goal II: Living the Dream"

Genius Also Licenses US DVD Distribution Rights to Peace Arch's "Chapter 27," "Delirious," and "Watching the Detectives"

TORONTO--(Marketwire - November 7, 2007) - Peace Arch® Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company, announced today that it has entered into an agreement with Genius Products Inc. to jointly exploit all North American distribution rights to the feature film "Goal II: Living the Dream," the successful international sequel to the hit "Goal!: The Dream Begins." Genius will handle US DVD exploitation. Peace Arch will release the film theatrically in the United States and Canada on 250 screens in the spring of 2008 and will handle all other rights.

In a separate agreement, Genius acquired excusive US DVD distribution rights to Peace Arch's "Chapter 27," "Delirious" and "Watching the Detectives." Peace Arch is theatrically releasing all three titles in the United States.

"We are very pleased to be extending our long-standing distribution relationship with Genius, whose top management and fantastic relationships with major retailers make it one of the best DVD distributors in the business," said John Flock, President and Chief Operating Officer of Peace Arch Entertainment Group. "With highly commercial projects like 'Goal II,' and the continued support of distribution partners like Genius, we expect to quickly reach our own goal of making Peace Arch one of the leading theatrical distributors of independent films in North America."

"Goal II: Living the Dream" is the sequel to the exciting worldwide phenomenon "Goal!: The Dream Begins." "Goal II" follows an international soccer star as he gets his big break joining the globally popular team Real Madrid. The sports drama stars Kuno Becker, Alessandro Nivola and Anna Friel alongside some of the greatest footballers ever, including David Beckham, Ronaldo and Zinedine Zidane. Jaume Collet-Serra ("House of Wax") directed the picture from a screenplay by Mike Jeffries, Mark Huffam and Terry Loane. The film was produced by Mike Jeffries, Mark Huffman and Matt Barrelle of Milkshake Films.

"Peace Arch has emerged as one of our most valued partners," said Trevor Drinkwater, Chief Executive Officer of Genius Products. "We believe that these engaging films will find a large audience in the U.S home entertainment market. We look forward to distributing them and to further expanding our relationship with Peace Arch."

In the multi award-winning "Delirious," a bottom-feeding papparazzo befriends a young homeless man whose chance meeting with a celebutante creates a wedge between the two unlikely friends. Released theatrically in the U.S. by Peace Arch during August and September, 2007, "Delirious" stars Steve Buscemi, Michael Pitt, Alison Lohman, Gina Gershon and Elvis Costello.

"Watching the Detectives" is a romantic comedy about a film noir buff (Cillian Murphy) whose world is abruptly turned upside down when a beautiful and unpredictable real-life femme fatale (Lucy Liu) provides far more adventure than he ever experienced -- and possibly more than he can handle. The film world premiered at the 2007 Tribeca Film Festival, and will be theatrically released by Peace Arch in the United States during mid-2008.

"Chapter 27," 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 amid great controversy over its subject matter. The Zurich Film Festival marked the picture's European festival premiere, with Schaefer honored with the coveted Debut Feature Prize.

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.

About Genius Products

Genius Products, Inc. (OTCBB: GNPI), along with The Weinstein Company Holdings LLC, together owns Genius Products, LLC, a leading independent home-entertainment distribution company that produces, licenses and distributes a valuable library of motion pictures, television programming, family, lifestyle and trend entertainment on DVD and other emerging platforms through its expansive network of retailers throughout the U.S. Genius handles the distribution, marketing and sales for such brands as Asia Extreme™, Discovery Kids™, Dragon Dynasty™, Dimension Films™, ESPN®, IFC®, RHI Entertainment™, Sesame Workshop®, The Weinstein Company® and WWE®. Genius Products, Inc. is the managing member of Genius Products, LLC, in which it holds a 30% equity interest.

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

  • Contacts:

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

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