SOURCE: Peace Arch Entertainment Group Inc.

March 14, 2008 06:30 ET

Peace Arch Releases Controversial 'Chapter 27,' Critically Acclaimed 'Towards Darkness' in Major U.S. Theatrical Expansion

Company Continues to Execute Strategic Plan to Build Vertically Integrated Production, Distribution and International Sales Company

TORONTO--(Marketwire - March 14, 2008) - Peace Arch® Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company, today announced a significant expansion of its U.S. theatrical distribution operation with the release of two additional feature films, the controversial "Chapter 27" and critically acclaimed "Towards Darkness."

The second and third films to be released by Peace Arch in the U.S., "Chapter 27" and "Towards Darkness" follow the Company's release of Tom DiCillo's successful, award-winning "Delirious" in summer 2007. The independent distributor has been moving aggressively to expand its North American cinematic presence, having previously released Steve Buscemi's "Interview" and the action-adventure "In the Name of the King" in Canadian theaters.

"With the launch of 'Chapter 27' and 'Towards Darkness,' both terrific films, Peace Arch continues to build its reputation as one of the leading independent producers and distributors in the North American motion picture industry," said Peace Arch Entertainment President & COO John Flock. "As we expand our direct theatrical, DVD and television distribution operations in both the U.S. and Canada, we believe our shareholders will see the positive results of our growth strategy, and the filmmaking community will welcome the entrance of an aggressive, knowledgeable new competitor to the ranks of successful independent distributors."

"Chapter 27" will have its theatrical premiere in New York on March 28, then roll out to more than 25 cities, including Los Angeles, San Francisco, Chicago, Boston and Seattle, over the next several weeks. "Towards Darkness" premieres in New York tonight (March 14) and opens in Los Angeles and Santa Fe on March 28.

The psychological drama "Chapter 27," a controversial exploration of Mark David Chapman's gradual breakdown during the days leading up to his murder of Beatle John Lennon, features a riveting performance by Jared Leto ("Requiem For A Dream," "Panic Room," "Fight Club"), along with Judah Friedlander ("Zoolander," "Meet The Parents") and Lindsay Lohan ("Mean Girls," "Freaky Friday," "Herbie Fully Loaded"). Jarrett Schaefer wrote and directed the film produced by Robert Salerno, Naomi Despres and Alexandra Milchan. "Chapter 27" had its world premiere at the 2007 Sundance Film Festival and its European premiere at the Zurich Film Festival, where Schaefer won the prize for best debut feature.

Written and directed by Jose Antonio Negret, "Towards Darkness" ("Hacia la oscuridad") stars Golden Globe®-winner America Ferrera and Tony Plana (both of "Ugly Betty" fame), David Sutcliffe ("Gilmore Girls") and William Atherton ("Desperate Housewives"). Based on the short film "Darkness Minus Twelve," which Negret also wrote and directed and which also stars America Ferrera, "Towards Darkness" captures 90 riveting minutes in a kidnapped hostage's life, as well as the frustration his family, a special ops team and the ransom deliveryman feel as they rush to save him.

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, that the corresponding restatement of the Company's financial statements may change based upon the Audit Committee's ongoing analysis, that the Company's ability to file required reports timely with the Securities and Exchange Commission will be impaired, that potential claims or proceedings may arise relating to such matters, that the Audit Committee in consultation with the Company's independent public accounting firm will determine that the proper accounting differs from the accounting treatment upon which the assumptions and forward looking statements in this release are based 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
    Email Contact: Email Contact

    Or

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