Peace Arch Entertainment Now Eligible to Theatrically Distribute Telefilm Financed Films in Canada
10 Noviembre 2008 - 10:00AM
Marketwired
Peace Arch� Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an
integrated global entertainment company, today announced that
Telefilm Canada has made Peace Arch� Releasing eligible for the
Canadian Feature Film Marketing Fund.
The federal culture agency's official recognition of Peace
Arch's theatrical distribution arm will permit the company to seek
financial support for the domestic release of Canadian-produced
films.
Dedicated to the development and promotion of the nation's
audiovisual industry, Telefilm Canada provides the private sector
financial support to create distinctive Canadian film productions
appealing to domestic and international audiences.
"We are very excited to start this new relationship with
Telefilm and help drive Canadian box office results," says Berry
Meyerowitz, president of Peace Arch Home Entertainment, which
oversees the company's theatrical releasing activities in Canada.
"We will work with Canadian filmmakers to exploit their films
across all media in Canada, as well as in the United States and all
foreign territories."
Since entering the theatrical distribution business in late
2007, Peace Arch has released eight films in Canada. The latest is
the critically acclaimed "JCVD," starring Jean-Claude Van Damme,
which debuts Nov. 14 in Canada and 20-plus U.S. markets. More than
a dozen new releases are also planned for 2009 and beyond.
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 2,000 classic and contemporary titles. For additional
information, please visit www.peacearch.com.
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. These risks include, but are not limited to, that the
synergies and financial impact of the joint venture may not be
realized, the competitive position of the joint venture may not be
maintained, Peace Arch may not realize the anticipated benefits of
the joint venture and other risks detailed on Peace Arch's periodic
report filings with the Securities and Exchange Commission. There
can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from
those anticipated in such statements. By making these
forward-looking statements, Peace Arch undertakes no obligation to
update these statements for revisions or changes after the date of
this release.
Distributed by Filing Services Canada and retransmitted by
Marketwire
CONTACTS: Paul Nichols The Lippin Group Email Contact
323.965.1990 Jim Benson The Lippin Group Email Contact
323.965.0992
Peace Arch (AMEX:PAE)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Peace Arch (AMEX:PAE)
Gráfica de Acción Histórica
De May 2023 a May 2024