SOURCE: Peace Arch Entertainment Group Inc.
October 12, 2007 03:30 ET
Peace Arch Entertainment's 'Chapter 27' Wins Debut Feature Prize at Zurich Film Festival for Director Jarret Shaeffer
Company to Theatrically Release Highly Anticipated Film in United States Market in March, 2008
TORONTO--(Marketwire - October 12, 2007) - 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
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.
Peace Arch recently announced that Sony Pictures Worldwide Acquisition
Group and The Canadian Broadcasting Corporation (CBC) each renewed their
contracts for a second season of the critically acclaimed, Emmy Award®
winning ten-hour series "The Tudors." "The Tudors" is produced by Peace
Arch Entertainment and TM Productions in association with The Canadian
Broadcasting Corporation and Showtime Networks. The first season of the
series premiered in the United States to record audiences on Showtime.
Peace Arch also recently unveiled the Company's largest and most diverse
slate of new programming at this week's MIPCOM television market in Cannes,
France. At MIPCOM, Peace Arch is licensing to international buyers one new
mini-series, eight new feature films, nine lifestyle series and 35
additional titles from the Company's Castle Hill/Dream feature film
library, which Peace Arch purchased in December 2006.
Upcoming releases in Peace Arch's rapidly expanding U.S. theatrical
distribution lineup include the newly acquired dark comedy "The
Babysitters," featuring rising young star Katherine Waterston ("Michael
Clayton") alongside Emmy Award winners and Golden Globe nominees John
Leguizamo ("Moulin Rouge") and Cynthia Nixon ("Sex and the City"), and the
romantic comedy "Watching the Detectives" starring Lucy Liu ("Kill Bill")
and Cillian Murphy ("28 Days Later").
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
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Company undertakes no obligation to update these statements for revisions
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