SOURCE: Peace Arch Entertainment Group Inc.

December 04, 2007 03:30 ET

Peace Arch Entertainment's Feature Film "The Deal" to Have Its World Premiere at the Prestigious Sundance Film Festival

Highly Influential Festival Provides Springboard for Global Distribution

TORONTO--(Marketwire - December 4, 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's romantic comedy, "The Deal," has been accepted by the Sundance Film Festival's prestigious Premieres Section. "The Deal" will have its world premiere at the renowned film festival in January 2008. Peace Arch holds all worldwide rights to the much anticipated comedy.

Held next year from January 17 - 27, 2008, in and around Park City, Utah, Sundance is the most influential North American showcase for US and international independent film. Invitations to screen at Sundance are highly coveted, as many of the most successful and critically acclaimed independent films each year are premiered there. Entertainment industry executives attend the festival to explore possible acquisition and distribution contracts.

The romantic comedy, "The Deal," adapted from the best-selling Peter Lefcourt novel "The Deal: A Novel of Hollywood," has an all star cast that includes Academy Award®-nominee William H. Macy ("Fargo," "Wild Hogs," "Magnolia"), Meg Ryan ("Sleepless In Seattle," "When Harry Met Sally," "You've Got Mail"), LL Cool J ("Deep Blue Sea," "Any Given Sunday," "S.W.A.T.") and Academy Award®-nominee Elliott Gould ("American History X," "MASH," "Ocean's Eleven").

"Sundance provides an ideal environment for the negotiation of acquisition and distribution agreements," said John Flock, President and Chief Operating Officer of Peace Arch. "We believe that a successful premiere at Sundance will open new doors for this promising new comedy, in both the United States and around the world."

In "The Deal," a struggling film producer (Macy) teams up with a beleaguered studio executive (Ryan) who is forced to make a doomed action movie with him in which their mercurial star (LL Cool J) seems determined to finish their careers.

"The Deal" screenplay was written by Steven Schachter and William H. Macy, directed by Steven Schachter and produced by Irene Litinsky, Keri Nakamoto and Michael Prupas. Macy and Schachter are long-time collaborators, having written the multiple Emmy® Award-winning television movie, "Door to Door" and the Emmy® Award and Golden Globe nominated television movie, "The Wool Cap."

Peace Arch Entertainment also had two films accepted into the Sundance Film Festival in January 2007; the drama "Chapter 27," starring Jared Leto, Judah Friedlander and Lindsay Lohan, and the Tom DiCillo comedy "Delirious" starring Steve Buscemi, Michael Pitt, Alison Lohman and Gina Gershon.

Peace Arch Entertainment's current line-up of feature films and long-form television programming includes the Showtime Networks multi-Emmy® Award-winning television event mini-series "The Tudors" starring Golden Globe® Award-winning actor Jonathan Rhys Meyers, which premiered to record audiences in the U.S. in April.

Additional upcoming 2008 feature film releases include the dark comedy "The Babysitters" starring John Leguizamo, Cynthia Nixon and Katherine Waterston; the sequel to the action-packed worldwide soccer phenomenon "Goal II: Living The Dream" starring Rutger Hauer alongside soccer icons David Beckham, Zinedine Zidane and Ronaldo; the romantic comedy "Watching the Detectives" starring Lucy Liu and Cillian Murphy; drama "Chapter 27" starring Jared Leto, Judah Friedlander and Lindsay Lohan; and the intense drama "Towards Darkness" starring America Ferrara, William Atherton and Tony Plana. Peace Arch recently completed production on the powerful ensemble drama "Winged Creatures," starring Kate Beckinsale, Guy Pearce, Forest Whitaker, Jennifer Hudson and Dakota Fanning. The film will be released theatrically in the U.S. during 2008 by Sony Pictures who acquired the U.S. distribution rights from Peace Arch earlier this year.

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 1,000 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 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

  • Contact:

    Roy Bodner
    Senior Vice President
    Marketing and Communications
    Peace Arch Entertainment
    (310) 776-7208
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    Or

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