Peace Arch Entertainment Group announces current production slate
Tuesday April 8, 2:02 pm ET
VANCOUVER, April 8 /PRNewswire-FirstCall/ - Peace Arch Entertainment Group Inc. ("the Company") (AMEX: "PAE"; TSX: "PAE.A", "PAE.B"), today announces that it has commenced production of four feature films and one television series.
The Company's wholly owned subsidiary, GFT Entertainment Inc., has begun production of four feature films with total budgets aggregating approximately CAD $35 million. Studio Eight Productions Ltd. of London, which has a long standing relationship with the Company, is the UK co-producer of the films:
- "The Keeper", a suspense thriller starring Dennis Hopper and Asia
Argento and directed by Paul Lynch, commenced principal photography on
March 22, 2003 in Victoria, British Columbia. "The Keeper" is a Canada-
UK co-production. International distribution rights to the film are
represented by Peace Arch Films Limited of London, headed by Charles
Bloye. Peace Arch Films Limited is also wholly owned by the Company.
- "Belly of the Beast", a thriller starring Steven Seagal and directed
by Tony Tung Yee Ching, commenced principal photography in Bangkok on
March 17, 2003. "Belly of the Beast" is a UK-Hong Kong-Canada co-
production.
- "Avalanche", a thriller starring Andrew Lee Potts and directed by Mark
Roper, commenced principal photography on March 24, 2003 in Bulgaria.
"Avalanche" is a Canada-UK-Bulgaria co-production.
- "Earthquake", a thriller to be directed by Tibor Takacs, commences
principal photography on April 7, 2003 in Lithuania. "Earthquake" is a
Canada-UK-Lithuania co-production.
The Company also reports that GFT Entertainment Inc. has completed delivery of three feature films. "Crime Spree", a caper comedy starring Gerard Depardieu and Harvey Keitel and directed by Brad Mirman, was delivered in February, 2003. "Absolon", a futuristic thriller starring Christopher Lambert and Lou Diamond Phillips was also delivered in February, 2003. "Partners in Action", an action thriller starring Armand Assante and directed by Sidney J. Furie was delivered in January, 2003.
The Company's wholly owned subsidiary, The Eyes Multimedia Productions Inc., began production of its television series, "Campus Vets" in Saskatchewan in February, 2003. "Campus Vets", which has been ordered by Life Network, takes an intimate look at the struggles and accomplishments of a group of young veterinary students. The Company holds worldwide rights to this series.
Peace Arch Entertainment Group Inc. also announced that it has settled an action in which Peace Arch Entertainment Group Inc. was named as a third party defendant. The lawsuit, which was between Plaintiff, Rena Mero and Defendant, Western International Syndication, was settled for a nominal amount.
Peace Arch Entertainment Group Inc. creates, develops, finances, produces and distributes proprietary film and television programming for worldwide markets and has offices in Vancouver, British Columbia, Toronto, Ontario and London, UK. Additional information can be found on the Company's website at www.peacearch.com.
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.
Tuesday April 8, 2:02 pm ET
VANCOUVER, April 8 /PRNewswire-FirstCall/ - Peace Arch Entertainment Group Inc. ("the Company") (AMEX: "PAE"; TSX: "PAE.A", "PAE.B"), today announces that it has commenced production of four feature films and one television series.
The Company's wholly owned subsidiary, GFT Entertainment Inc., has begun production of four feature films with total budgets aggregating approximately CAD $35 million. Studio Eight Productions Ltd. of London, which has a long standing relationship with the Company, is the UK co-producer of the films:
- "The Keeper", a suspense thriller starring Dennis Hopper and Asia
Argento and directed by Paul Lynch, commenced principal photography on
March 22, 2003 in Victoria, British Columbia. "The Keeper" is a Canada-
UK co-production. International distribution rights to the film are
represented by Peace Arch Films Limited of London, headed by Charles
Bloye. Peace Arch Films Limited is also wholly owned by the Company.
- "Belly of the Beast", a thriller starring Steven Seagal and directed
by Tony Tung Yee Ching, commenced principal photography in Bangkok on
March 17, 2003. "Belly of the Beast" is a UK-Hong Kong-Canada co-
production.
- "Avalanche", a thriller starring Andrew Lee Potts and directed by Mark
Roper, commenced principal photography on March 24, 2003 in Bulgaria.
"Avalanche" is a Canada-UK-Bulgaria co-production.
- "Earthquake", a thriller to be directed by Tibor Takacs, commences
principal photography on April 7, 2003 in Lithuania. "Earthquake" is a
Canada-UK-Lithuania co-production.
The Company also reports that GFT Entertainment Inc. has completed delivery of three feature films. "Crime Spree", a caper comedy starring Gerard Depardieu and Harvey Keitel and directed by Brad Mirman, was delivered in February, 2003. "Absolon", a futuristic thriller starring Christopher Lambert and Lou Diamond Phillips was also delivered in February, 2003. "Partners in Action", an action thriller starring Armand Assante and directed by Sidney J. Furie was delivered in January, 2003.
The Company's wholly owned subsidiary, The Eyes Multimedia Productions Inc., began production of its television series, "Campus Vets" in Saskatchewan in February, 2003. "Campus Vets", which has been ordered by Life Network, takes an intimate look at the struggles and accomplishments of a group of young veterinary students. The Company holds worldwide rights to this series.
Peace Arch Entertainment Group Inc. also announced that it has settled an action in which Peace Arch Entertainment Group Inc. was named as a third party defendant. The lawsuit, which was between Plaintiff, Rena Mero and Defendant, Western International Syndication, was settled for a nominal amount.
Peace Arch Entertainment Group Inc. creates, develops, finances, produces and distributes proprietary film and television programming for worldwide markets and has offices in Vancouver, British Columbia, Toronto, Ontario and London, UK. Additional information can be found on the Company's website at www.peacearch.com.
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.