SOURCE: MovieBeam, Inc.

June 13, 2006 08:00 ET

MovieBeam Licenses Content from Magnolia Pictures

Critically Acclaimed "Bubble" and "Enron: The Smartest Guys in the Room" Now Showing on Leading Movies-on-Demand Service, Available in High Definition

BURBANK, CA -- (MARKET WIRE) -- June 13, 2006 -- MovieBeam, Inc. today announced it has licensed content from Magnolia Pictures, a leading distributor of independent and foreign films. Now showing on the MovieBeam movies-on-demand service are Magnolia's critically acclaimed "Bubble" and Oscar-nominated "Enron: The Smartest Guys in the Room." Both are available for instant viewing in either standard definition (SD) or high definition (HD).

"Our customers across the country are movie lovers who enjoy a wide variety of genres, and we program our service to provide the greatest depth and breadth of selection," said Brent Jenkins, vice president of programming for MovieBeam, Inc. "Adding movies from Magnolia Pictures helps us meet this objective and enhances the MovieBeam experience for customers who especially like independent and foreign films."

The MovieBeam movies-on-demand service provides instant access to an ever-changing lineup of new releases and other popular favorites from virtually every major Hollywood studio. There are always 100 movies immediately available, with up to 10 new titles automatically delivered digitally each week -- including select movies in HD -- via MovieBeam's exclusive, low-cost over-the-air datacasting technology.

"Our goal is to make our movies as easily accessible as possible for film buffs, and distributing pictures via MovieBeam is a great way to do that," said Eamonn Bowles, president of Magnolia Pictures. "Movies-on-demand is an extremely easy way to watch a movie, and MovieBeam delivers a high-quality experience that frequent renters greatly appreciate."

"Bubble," a film by renowned director Steven Soderbergh, is an unlikely love triangle in an unlikely small town in Ohio. The movie was lauded by Entertainment Weekly as "tricky and satisfying entertainment -- a deadpan portrait of cultural anomie that turns into a casually credible murder mystery." More information is available at www.bubblethefilm.com.

"Enron: The Smartest Guys in the Room" documents the inside story of one of history's greatest business scandals. This Oscar-nominated film is directed by Alex Gibney. The film is based on the best-selling book by Fortune reporters Bethany McLean and Peter Elkind. More information is available at www.enronmovie.com.

About Magnolia Pictures

Magnolia Pictures, an independent distributor, recently released Roger Donaldson's "The World's Fastest Indian" with Anthony Hopkins, Alex Gibney's Academy Award-nominated documentary "Enron: The Smartest Guys in the Room," and also mounted the successful multi-platform release of Steven Soderbergh's "Bubble." Upcoming films include Pierre Morel's "District B13," Nicolas Winding Refn's "The Pusher Trilogy," and Bong Joon-ho's "The Host." Magnolia Pictures is part of a vertically integrated group of media properties co-owned by Todd Wagner and Mark Cuban that also includes the Landmark Theatres chain, production companies HDNet Films and 2929 Productions, high-definition cable networks HDNet and HDNet Movies. For more information: www.magpictures.com.

About MovieBeam

MovieBeam, Inc. is a leader in digital entertainment that is changing the way people rent movies. The MovieBeam movies-on-demand service provides instant access to an ever-changing lineup of new releases and popular favorites from virtually every major Hollywood studio, including select movies in HD -- always 100 to choose from, with up to 10 new movies automatically delivered digitally each week using over-the-air datacasting technology. The MovieBeam service is available in 29 major metropolitan areas across the U.S., and the MovieBeam System is sold by leading consumer electronics retailers and e-tailers. MovieBeam, Inc. is a privately held company headquartered in Burbank, Calif. Investors include The Walt Disney Company, Cisco Systems, Intel Corporation, Mayfield Fund, Norwest Venture Partners and VantagePoint Venture Partners. The company has been honored as an "OnHollywood 100" winner and is a recipient of the "Red Herring 100 North America" award. More information is available at www.moviebeam.com.

Contact Information

  • Media Contact:
    Michelle Cox
    MovieBeam, Inc.
    818-840-1950
    Email Contact