SOURCE: Peace Arch Entertainment Group Inc.

January 16, 2007 18:58 ET

Peace Arch Entertainment Announces Investor Conference Call to Be Held January 18 to Discuss Q1 2007 Report Showing Record Breaking Revenues

Revenues Increase From $0.9 Million to $11.3 Million With Positive Earnings, Validating High Growth Strategy for International Entertainment Company

TORONTO -- (MARKET WIRE) -- January 16, 2007 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an innovative film and television entertainment company, will hold an investor conference call on January 18, 2007, at 12 noon Eastern, to discuss its recently reported record breaking $11.3 million in revenues for fiscal Q2 2007, a significant increase versus the $0.9 million for the comparable period the previous year.

The Company's growth in revenues reflects an increase in both Motion Picture and Television revenues and includes $5.7 million in revenues generated by the Company's new Home Entertainment segment, recognized through the acquisition of kaBOOM! Entertainment Inc. in the second quarter of fiscal 2006.

"We feel very confident that Peace Arch is poised to make more significant gains for the remainder of 2007," said John Flock, President of Peace Arch Entertainment. "While these numbers are an excellent way to kick off the new year, I think this is just the beginning. Our management team is fully committed to continue building value for all of our shareholders. I invite all interested investors to dial into this conference call and listen to the various events that contributed to our record revenues."

During the conference call, Mr. Flock will discuss the Company's main achievements for that period, which include a new business venture agreement with CSC Global Technologies to launch a digital film distribution subsidiary and a sale of distribution rights outside North America to Sony Pictures Home Entertainment for the television program series "The Tudors." In addition, the Company was invited to premiere two recently completed films, "Chapter 27" and "Delirious," at the prestigious Sundance Film Festival, North America's top independent movie showcase.

Callers within the United States can access the conference call by calling (800) 288-8975; when prompted tell the operator you would like to connect to the 'Peace Arch Entertainment conference call.' International callers can dial (612) 332-0335. An online audio web simulcast of the call will also be accessible at

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 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

For more investor-oriented information about Peace Arch Entertainment, visit For current stock price quotes and news, visit To view an Investor Fact Sheet, visit To read a transcript of a recent Peace Arch investor conference call or listen to an archived recording, please visit

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

  • Contact:

    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 450-1711
    Email Contact


    Financial Communications
    Trilogy Capital Partners
    Paul Karon
    (800) 592-6067
    Email Contact