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.
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Answer by CEO was that all projects financed by single production loans. They never actually shell out any cash. Or in other loans they partly pre-sell some rights to the films to insutional investors.
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They won't go into specifics on what percentage they shell out to insutional investors for fronting the costs of the independent films. Anybody see that show Tutors yet on showtime? I have on demand and about to turn it on. Also could get a good run in 3 days when the next 2 films are screened at Sundance and are reviewed.
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I am still not in this one yet. Just saw "The Tudors" has not been shown yet. Comes out April 1st on showtime. Only one season deal has been inked.
Trailer looks so so. I don't think I would watch it.
2 films out over the next couple of days are (which I think I am more interested in viewing then getting into this sleeper stock)
DELIRIOUS
Screenwriter : Tom DiCillo Producer : Bob Salerno Cinematographer : Frank G. DeMarco Production Designer : Teresa Mastropiero Costume Designer : Victoria Farrell Cast : Steve Buscemi, Michael Pitt, Alison Lohman, Gina Gershon
Toby, a desperate, but affable, homeless kid insinuates himself into the life of Les, a hapless paparazzo, and offers to serve as his unpaid assistant. Always game for a deal, Les adopts Toby and shows him the sleazy ropes of party crashing, scoring goody bags, and chasing hot tips. As Les and his cameraman cronies clamor for photo opps, handsome Toby locks eyes with K'harma, the sexy reigning pop princess, and is suddenly swept into a glittery fairy tale like a boy-toy Cinderella. Of course Les views Toby's entrée into K'harma's heretofore-untouchable realm as a chance to snap a shot and make a buck. But Toby is genuinely smitten, and when Les is unable to control his impulses, both men must grapple with the meaning of friendship and the price of betrayal.
It's hard not to see our own voyeuristic anxieties play out in Steve Buscemi's brilliantly conceived Les, a loveable buffoon and tragic figure, while Michael Pitt's well-adjusted Toby reflects our best aspirations for authenticity and truth telling in a world obsessed with packaging the image. At a time when celebrity mania is at its zenith, Tom DiCillo delivers a high-energy, sharp-witted satire that pokes ironic fun at the absurd machine--paparazzi, publicists, and stars--that manufactures fame, while also addressing the toll it takes on those caught in its cogs.— Caroline Libresco
CHAPTER 27
Screenwriter : Jarrett Schaefer Producers : Naomi Despres, Bob Salerno, Alexandra Milchan Cinematographer : Tom Richmond Editors : Jim Makiej, Andrew Hafitz Production Designer : Kalina Ivanov Composer : Anthony Marinelli Costume Designer : Ane Crabtree Cast : Jared Leto, Lindsay Lohan, Judah Friedlander, Ursula Abbott, Jeane Fourier, Brian O'Neill http://www.imdb.com/title/tt0488988/
What went on in the mind of the man who felt compelled to assassinate John Lennon? Chapter 27 deftly pilots us into the dark psyche of Mark David Chapman the weekend before the December 8, 1980, shooting. Inspired by Chapman's recollections, and propelled by a haunting, tour-de-force performance from Jared Leto, the film unravels the web of literary associations and cultural signs through which Chapman processes the world as he releases his grip on reality.
Fresh from Hawaii, Chapman spends the better part of three days posing as an autograph seeker at the Dakota, Lennon's abode. As he hovers in the wintry cold, striking up oddly charged conversations with a devoted fan, Chapman's narration reveals that he is self-consciously, almost spiritually, ingesting his prophetic holy book, The Catcher in the Rye. Whipping himself into a twisted incarnation of Holden Caulfield, he adopts Holden's speech patterns, hires a prostitute, and spots phonies everywhere. In his spiral into mental collapse, he even seems to be following in Holden's footsteps. At the height of his derangement, this merging becomes so complete that he yearns to disappear into J.D. Salinger's pages. In a brilliant mimetic move, the film also converges with the book, structuring itself as a first-person stream of consciousness related from the future.
Neither celebrating nor sensationalizing, Chapter 27 explores a figure whose psychological mechanisms we can interpret but never fully penetrate, raising the question, can we ever really know another person's interior experience?— Caroline Libresco
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this company 6K`s everthing but has not filed a single financial report in years!! there must be 30 or 40 6K`s filed in the last three years but NO 10Q NO 8K NO finacials AT ALL!! I have seen MANY stocks post news of huge revenue increases but the finacials showed EVERY SINGLE ONE was LOSING MONEY and NONE ever held up price wise!. GLWTO!
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QUARTER RESULTS Peace Arch Entertainment Group Inc. (PAE) reported Q1 results ended November 2006. Q1 Revenues were $11.33M; +1,146.42% vs yr-ago. Q1 EPS was 0c; +100.00% vs yr-ago.
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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.