SOURCE: Peace Arch Entertainment Group Inc.

October 09, 2007 03:30 ET

Peace Arch Entertainment Markets Record Slate of New Television and Film Content at MIPCOM Global Television Market

Company Continues to Exploit Revenue Generating Opportunities From Fast-Growing Library of Feature Films and Television Programming

TORONTO--(Marketwire - October 9, 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, announced today that the Company is unveiling its largest and most diverse slate of new programming to be commercialized at this year's MIPCOM television market in Cannes, France. Peace Arch continues to follow through on its strategic plan to capitalize on its growing supply of newly produced and acquired film and television content while concurrently exploiting one of the largest independent film and television libraries in the world.

At MIPCOM, the Company will be licensing to international buyers one new mini-series, eight new feature films, nine lifestyle series and 35 additional titles from the Company's recently acquired Castle Hill/Dream feature film library.

MIPCOM, which began on October 8, 2007, is the leading global content event for co-producing, buying, selling, financing and distributing entertainment content across all platforms. It provides key decision-makers in the TV, film, digital and audiovisual content, production and distribution industry with the only market conference and networking forum to discover future trends, and to purchase and sell content rights on a global level.

"We are very pleased to announce that in addition to our exciting array of new projects, Peace Arch is now actively commercializing select titles from the more than 500 feature films acquired from Castle Hill," said John Flock, President and Chief Operating Officer of Peace Arch Entertainment Group. "The international television market is a key industry segment for Peace Arch. We have bolstered our sales team under the leadership of Kevin Byles and built our programming library through production and acquisitions in order to exploit this long-term growth opportunity. We intend to continue addressing every opportunity that allows us to generate sustainable revenues to build long-term shareholder value."

Some of the highlights of the new Peace Arch package to be presented at MIPCOM includes a new four-part television mini-series "Guns," starring Elisha Cuthbert ("The Girl Next Door," "24"). The sweeping crime drama, which is built around illegal international arms trafficking, is scheduled to air on the Canadian Broadcasting Corporation in the fall of 2008.

The Company will also be selling international rights to eight new films that include the thriller "The Last Hit Man," starring Joe Mantegna ("The Godfather, Part III"), family drama "Ace of Hearts" starring Dean Cain ("Out of Time"), thriller "Grindstone Rd." starring Fairuza Balk ("Almost Famous"), action movie "Time Bomb" starring Jake Busey ("Starship Troopers"), mystery "Just Business," starring Gina Gershon ("Bound"), drama "All The Good Ones Are Married," staring Daryl Hannah ("Kill Bill"), Iraq war drama "The Four Horsemen," and the documentary "Willard: The Hermit of Gully Lake."

The lifestyle series include these programs: "Air Dogs" for aircraft enthusiasts, fitness reality series "Bulging Brides," "Fantasy Lands" for theme park devotees, "The Last 10 Pounds Bootcamp" for fitness/diet advocates, the makeover series "Love It or Lose It," the home fire restoration program "Project: Phoenix," the tech series "The Lab With Leo LaPorte," home makeover series "Makeover Wish," and the travel series "Uberguide Television."

Among the titles Peace Arch is offering from its library for the first time are the award-winning dramas "The Official Story" and "Matewan," the science fiction classic "A Boy and His Dog," the iconic Marx Brothers comedy "A Night in Casablanca" and the horror anthology "The House That Dripped Blood."

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. Peace Arch Home Entertainment is one of the leading distributors of DVDs and related products in Canada. Peace Arch Releasing distributes feature films theatrically in the United States and Canada. 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

  • Contacts:

    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 776-7208
    Email Contact: Email Contact

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