SOURCE: Peace Arch Entertainment Group Inc.

May 30, 2007 03:30 ET

Reader's Digest, Fox Home Entertainment and Peace Arch Entertainment Combine to Produce and Release 'Ace of Hearts'

First Release Under 'Reader's Digest Family Films' Banner Based on Popular 'Reader's Digest' Story With Dean Cain to Star; Principal Filming Begins This Week

LOS ANGELES, CA--(Marketwire - May 30, 2007) - Reader's Digest Association, Twentieth Century Fox Home Entertainment LLC and Peace Arch® Entertainment are joining forces to produce and distribute "Ace of Hearts," a full-length motion picture based on a true story published by Reader's Digest in 2002 about a law-enforcement officer and his crime-fighting dog. The movie, the first released under the new brand, Reader's Digest Family Films, is scheduled to begin production this week and stars Dean Cain ("Out of Time," TV's "Lois and Clark," "Best Men") as the lead actor. Plans call for the film to be released in early 2008.

Peace Arch Entertainment (AMEX: PAE), a leading worldwide film producer and distributor, will produce the film in association with Bogner Entertainment Inc., headed by producer Jonathan Bogner. Peace Arch also will distribute the film internationally. Twentieth Century Fox Home Entertainment LLC (TCFHE), a division of News Corporation's Twentieth Century Fox Film Corporation, will handle U.S. marketing and distribution.

Reader's Digest Association will provide magazine, direct marketing and online promotion. Reader's Digest is the country's largest magazine, reaching nearly 40 million people, and is part of a network of 50 editions worldwide. The company also publishes 26 other magazine titles, sells millions of books each year and operates websites around the world.

Eva Dillon, President of RD Inspiration and Group Publisher of Reader's Digest, said: "We are excited to team up with highly respected movie makers Twentieth Century Fox Home Entertainment and Peace Arch Entertainment. Reader's Digest is one of the world's most trusted sources of family-friendly information and entertainment. We look forward to building Reader's Digest Family Films into a leading producer of family entertainment through a series of quality movies and programs based on our library of highly popular stories."

Steven Bersch, COO of TCFHE, said: "We're thrilled to be in business with such terrific partners and one of the strongest brands in the world. This true, triumphal and inspirational tale is going to make for a very popular piece of filmed entertainment and our world class marketing and distribution will insure that it gets seen by families throughout North America."

Peace Arch Entertainment President John Flock said: "We are very pleased to be extending our U.S. distribution relationships to include Fox, one of the pre-eminent distributors in the world, while at the same time expanding our family entertainment business in this new venture with Reader's Digest, a time-honored and highly valued brand that has defined family entertainment in publishing for generations."

The "Ace of Hearts" screenplay, written by Frederick Ayeroff and directed by David Mackay, follows the adventures of law enforcement officer Glen MacKenzie (Dean Cain), his 10-year-old daughter and Ace, his canine corps German Shepard, as they match wits with a wily criminal bent on revenge against the family and Ace.

Cain, 40, has appeared in more than 70 films and television episodes in a career that has spanned 23 years. After flirting with a possible NFL pro-football career, he became a familiar TV face on "Beverly Hills, 90210" in 1990 before getting his first big break as Clark Kent / Superman in the series, "Lois & Clark: The New Adventures of Superman" with Terri Hatcher in 1993.

William Morris Agency and the Ziffren, Brittenham, Branca, Fischer, Stiffelman, Gilbert-Lurie, Cook, Johnson & Wolf law firm put the parties together and negotiated the deal with Frank Lalli on behalf of Reader's Digest Association.

The Reader's Digest Association, Inc. (RDA) is a global publisher and direct marketer of products that inform, entertain and inspire people of all ages and cultures around the world. Reader's Digest Family Films produces feature films based on popular stories published in Reader's Digest magazine. RDA global headquarters are located near Pleasantville, New York. For more information, please visit www.rda.com.

Peace Arch® Entertainment produces and acquires feature film, television and home entertainment content for distribution to world markets. Peace Arch is the owner of one of the largest libraries of top quality independent feature films in the world. 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 www.peacearch.com.

A recognized global industry leader, Twentieth Century Fox Home Entertainment is the worldwide marketing, sales and distribution company for all Fox film and television programming on VHS, DVD and Blu-ray Disc (BD) as well as acquisitions of original productions. The company also releases all products around the globe for MGM Home Entertainment. Each year TCFHE introduces hundreds of new and newly enhanced products, which it services to retail outlets -- from mass merchants and warehouse clubs to specialty stores and e-commerce -- throughout the world. Twentieth Century Fox Home Entertainment LLC is a subsidiary of Twentieth Century Fox Film Corporation, a News Corporation company.

Contact Information

  • Contact:

    For Reader's Digest:
    Bill Adler
    (914) 244-7585

    For Twentieth Century Fox:
    Steve Feldstein
    (310) 369-5369

    For Peace Arch:
    Roy Bodner
    (310) 776-7208

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