WebAlert: Peace Arch Entertainment Investor Conference Call Starts at 12 Noon Eastern
Company to Review Recently Reported Q2 2007 Showing Record Breaking Revenues Reaching $11.3 Million
Toronto, Ontario CANADA, January 18, 2007 /FSC/ - Peace Arch Entertainment Group Inc. (PAE - American, PAE - TSX), will host a live investor conference call with a simultaneous webcast, today at 12 noon Eastern, to update investors on recently reported revenues for fiscal Q2 2007 and discuss the Company's top business initiatives.
During the conference call, John Flock, President of Peace Arch Entertainment, will discus the Company's recently reported Q1 2007 revenues topping $11.3 million, a significant 1146% percent increase over the previous year.
The 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.
Posted by Vinny on :
bump
Posted by Vinny on :
anyone notice the large trade then went through afterhours for almost 48K shares?
Posted by before_the_crowd on :
May be cause of this
Peace Arch Entertainment Announces Settlement of Lawsuit Against VH1, MTV and Viacom International
Monday , January 22, 2007 16:03ET
TORONTO -- (MARKET WIRE) -- 01/22/07 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE) today announced the settlement of a pending lawsuit that had been brought by Peace Arch against VH1, MTV Networks and Viacom International in British Columbia in October 2001, relating to the financing of the television series "Big Sound." The settlement agreement provides for the dismissal of all claims and incorporates a new U.S. distribution agreement. Financial terms were not disclosed.
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 www.peacearch.com.