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Peace Arch Entertainment Group Inc. (AMEX: PAE)
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| Dear StockUpTicks Reader:
It’s not often that a long-deceased King of England can be credited with sparking interest in an American public company, but that may well be the case. Nonetheless, the defining accomplishment of securing two Emmy Awards for the dramatic series ‘The Tudors,’ which portrays the ambitious young King Henry VIII, sends a message to both the industry and investors that Tudor’s co-producer, Peace Arch Entertainment Group Inc. (AMEX:PAE) is a brand likely on the rise.
Please take a few moments to review the Company Profile below
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You May View a Comprehensive Profile on PAE HERE
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Breaking NEWS >From Peace Arch® |
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Press Release Source: Peace Arch Entertainment Group Inc.
Friday September 14, 4:01 pm ET
Showtime, Peace Arch Entertainment and TM Productions' Breakthrough Television Series 'The Tudors' Wins Two Emmy(R) Awards
Emmy Awards Provide Mainstream Validation for Peace Arch's Strategy to Capitalize on Robust Product Pipeline of Award-Winning Original Content
TORONTO--(MARKET WIRE)--Sep 14, 2007 -- Peace Arch Entertainment Group Inc. (AMEX:PAE - News) (Toronto:PAE.TO - News), an integrated global entertainment company creating critically acclaimed television, film and DVD content for worldwide distribution, announced today that the television series "The Tudors," co-produced by Peace Arch Entertainment and TM Productions in association with The Canadian Broadcasting Corporation and Showtime Networks Inc., received two Creative Emmy® Awards from the Academy of Television Arts & Sciences. The Emmy Awards were given for "Outstanding Costumes for a Series" and "Outstanding Original Movie Title Theme Music."
"The Tudors" received nominations for two additional Emmy Awards, "Outstanding Casting for a Drama Series," and "Outstanding Art Direction for a Single Camera Series." These category winners will be announced at The 59th Primetime Emmy Awards ceremony, which will air on Sunday, September 16, 2007 at 8 pm EDT on the Fox Network.
"We are thrilled that 'The Tudors' received these prestigious awards and believe they are a strong indication of Peace Arch's coming of age as a world-class entertainment company," said Gary Howsam, Chief Executive Officer of Peace Arch Entertainment. "We are looking forward to the second season of 'The Tudors' and believe that the series will continue to reflect the creative and business vision that has become a hallmark of Peace Arch productions."
"The Tudors" premiered in April to record audiences on the Showtime Network. Peace Arch Entertainment, which owns worldwide distribution rights to the series outside the United States, licensed the first season of "The Tudors" to Sony Pictures Entertainment for DVD, television, mobile and new media distribution outside North America. Sony and its licensees premiered the series internationally this summer. Peace Arch licensed Canadian rights to the Canadian Broadcasting Corporation who will broadcast the first season of "The Tudors" in Canada this fall. Peace Arch Entertainment will distribute the series on DVD in Canada in late 2007.
The first season of the "The Tudors" is a ten-part series of one-hour episodes that tells the incredible tale of the young, powerful, seductive King Henry VIII, focusing on the tumultuous early years of the ambitious King's nearly 40-year reign of England. Bold and passionate about his country and his women, Henry's obsession with ensuring his legacy led to beheadings of friend and foe, waging war, and challenging the almighty Catholic Church of England, forever changing the soul of the British Empire. The second season of "The Tudors" is currently in production on location in Ireland, with the addition of legendary, Academy Award®-winning actor Peter O'Toole.
"The Tudors" was created and written by Michael Hirst, whose work includes the Academy Award-winning "Elizabeth." Michael Hirst, Ben Silverman, Teri Weinberg, Tim Bevan, Eric Fellner, Sheila Hockin and Morgan O'Sullivan are the executive producers of "The Tudors," with Gary Howsam of Peace Arch Entertainment Group and James Flynn of TM Productions, producing.
Peace Arch's other award-winning productions include the feature film "Delirious," which won Best Director, Best Screenplay and the coveted SIGNIS Award at Spain's San Sebastian Film Festival, Best Director at the HBO US Comedy Arts Festival in Aspen, Colorado, and the Istanbul Film Festival's Special Jury Prize and Silver Tulip Award. "Delirious" had its North American premiere at the prestigious Sundance Film Festival and is currently in theatrical release around the United States.
The Emmy Awards recognize excellence within various areas of the television industry. The awards are a symbol of peer recognition from over 12,000 members of the Academy, and are considered the television equivalent of the Oscars®.
You May View the Entire News Release HERE
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About Peace Arch® Entertainment Group Inc. |
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With offices in New York, Los Angeles, Toronto and Vancouver, Peace Arch® Entertainment Group Inc. is uniquely poised to take advantage of global growth opportunities in the expanding film and television marketplace.
The Company:
- Produces feature film, television and home entertainment programming;
- Acquires feature film, television and home entertainment programming from other producers and distributors;
- Distributes feature film, television and home entertainment programming to theaters, retail outlets, television broadcasters, cable and satellite providers in the North American market;
- Licenses feature film, television and specialty programming to third-party theatrical, television and home entertainment distributors outside North America
INDUSTRY DRIVERS
• Expanding Worldwide Market – Demand for new film and television content continues to grow sharply with the expansion of both traditional and fast-growing digital media and distribution methods in emerging markets such as Eastern Europe, Latin America and Asia.
• New Media – New and emerging technologies like high definition DVD, over-the-air high definition television, video-on-demand, Internet video-on-demand and program delivery to portable entertainment devices offer extraordinary growth opportunities for providers, like Peace Arch, of new and library content.
• Genre Film Growth – Low cost, story driven films continue to generate substantial box office returns domestically and abroad and are also consistently among the top earners in the DVD marketplace.
• Government Incentives - Governments continue to compete against each other in offering generous tax rebates and other incentives to producers and production companies willing to locate film and television productions in their country.
KEY INVESTMENT HIGHLIGHTS
• Strong Content Pipeline – Peace Arch’s production and acquisition pipeline includes a diverse slate of five to eight medium budget features per year for initial U.S. theatrical release; ten to 12 low budget genre titles per year to premiere in DVD or pay TV markets; three to five movies-of-the-week for U.S. networks or cable companies; ten hours of high profile television programming in partnership with Showtime Networks; and more than 32 hours of “lifestyle” television series and television documentaries for initial broadcast in Canada.
• Multiple Revenue Streams – With a large number of diverse productions, direct distribution operations in North America, numerous distribution outlets overseas, and ownership of a substantial film library with recurring revenues , Peace Arch has a diversified portfolio of entertainment assets that help insulate it from the adverse effects of a single unsuccessful picture or television project.
• Production Financing Advantages – Canada provides some of the most attractive tax incentive packages in the world to English-language film and television producers. With offices in both Vancouver and Toronto, Peace Arch is among the industry leaders in securing Canadian tax credits. With additional office in New York and Los Angeles, Peace Arch is also uniquely situated to take advantage of government subsidies wherever they may originate and leverage its production dollars for maximum return.
• Proven Track Record – Company management includes senior executives with proven track records in every aspect of the film and television industry including financing, production, international sales and distribution.
• Strategic Partnerships – Strategic partners include the Showtime cable network, with whom Peace Arch co-finances projects that premiere on Showtime in the United States while Peace Arch retains all distribution rights outside the United States; Sony Pictures and Fox Entertainment, who are co-financiers and distribution partners of several Peace Arch productions, and Genius Products Inc., an emerging home entertainment company through whom Peace Arch distributes many of its genre productions in the United States.
The Company is led by a seasoned management team including CEO Gary Howsam, President & COO John Flock,
CFO Mara DiPasquale and the company’s five divisional Presidents each of whom are
veteran entertainment industry executives with proven track records of success.
Visit Peace Arch's Investor Portal HERE
Visit Peace Arch's Company Website HERE
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Peace Arch Operating Divisions |
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Peace Arch operates through three divisions: motion pictures, television and home entertainment
The Company’s motion picture division produces or acquires five to eight films per year for worldwide theatrical distribution followed by subsequent exploitation in the home entertainment and television markets. The film division also produces or acquires an additional ten to twelve titles per year initially intended as DVD or television premieres. In North America, Peace Arch releases theatrical titles itself on a limited or platform basis, and also licenses its pictures to third party distributors like Sony and Fox. Internationally, Peace Arch’s films are released by third party distributors.
The Peace Arch television division produces and acquires mini-series, movies-of-the week, series and documentaries that it licenses directly to broadcast, cable and satellite television services throughout the world. The Company has a multi-year co-financing arrangement with Showtime Networks and has also produced projects for Lifetime Networks and ABC Family Channel. Its award-winning subsidiary, The Eyes Project Development Corporation, produces lifestyle television programs and documentaries for Canadian broadcasters and international licensees such as The Discovery Channel.
The Company’s home entertainment division distributes DVDs and related products to most of the major retail and rental outlets in North America. It is a direct supplier to Wal Mart, Best Buy, and others with product lines including such brands as Lionsgate Films, Nelvana and Sesame Workshop. The Company also sublicenses home entertainment product through other distributors elsewhere in the world.
PEACE ARCH FILMS
THE DEAL
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STATUS: Post Production
DIRECTOR:
Steven Schachter
PRINCIPAL CAST:
Meg Ryan
William H. Macy
LL Cool J
Elliott Gould
GENRE: Romantic Comedy
SYNOPSIS:
A down-and-out film producer (Macy) agrees to make his nephew's film about 19th century English statesman Benjamin Disraeli, but can only get financing if he casts a well-known action star (LLCoolJ). Production is halted however, when the lead actor is kidnapped from the European film set, so the producer hatches a scheme with a struggling creative executive (Ryan) to save the star and the movie.
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WINGED CREATURES
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STATUS: Post Production
PRINCIPAL CAST:
Kate Beckinsale
Guy Pearce
Dakota Fanning
Forest Whitaker
Embeth Davidtz
Jennifer Hudson
Jackie Earle Haley
Jeanne Tripplehorn
Josh Hutcherson
GENRE: Drama
SYNOPSIS:
A moment of random violence erupts in an ordinary Los Angeles diner. The survivors (Kate Beckinsale, Dakota Fanning, Guy Pearce, Forest Whitaker, Josh Hutcherson) find that the meanings of their lives have changed. No matter how much their families and friends (Jennifer Hudson, Jackie Earle Haley, Jeanne Tripplehorn, Embeth Davidtz) attempt to understand, these individuals must follow their own paths to recovery seeking to regain trust in a world that now seems chaotic.
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DELIRIOUS
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STATUS: Completed
PRINCIPAL CAST:
Steve Buscemi – Ghost World, Fargo
Alison Lohman – Big Fish, Matchstick Men
Michael Pitt – Last Days, The Village
GENRE: Comedy
SYNOPSIS:
New York City. Present day. Les is a small time celebrity photographer aching to get that one great picture that will get him noticed. He meets Toby, a homeless young man with no direction except a vague desire to become an actor.
Luck intervenes for Toby when he gets a chance meeting with K’Harma Leeds, the hottest pop star of the moment. Instant chemistry sparks between them, causing friction between Toby and new found friend Les.
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PEACE ARCH TELEVISION
THE TUDORS
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STATUS: In Production
PRINCIPAL CAST:
Jonathan Rhys Meyers - Golden Globe Award-winner
Sam Neill – Emmy Award-nominee
Henry Czerny – (Mission Impossible)
Jeremy Northam – (CBS’ Martin & Lewis)
GENRE: Drama
SYNOPSIS:
The incredible tale of the young, powerful, seductive King Henry VIII unfolds in THE TUDORS, a daring series focusing on the tumultuous early years of the ambitious King’s nearly 40 year reign of England.
Bold and passionate about his country and his women, Henry’s obsession with ensuring his legacy led to beheadings of friend and foe, waging war and challenging the almighty Catholic Church of England, forever changing the soul of the British Empire.
THE TUDORS dramatically portrays Henry’s scandalous and romantic relationships with Catherine of Aragon – his brother’s widow – and the infamous Anne Boleyn, the first of his wives that he beheaded.
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PEACE ARCH HOME ENTERTAINMENT
ANIMAL 2
STATUS:
Now Available
PRINCIPAL CAST:
Ving Rhames
GENRE: Action
SYNOPSIS:
Ving Rhames returns as “Animal” in this gritty prison drama about vengeance and family loyalty. Now serving a life sentence at the notorious Folsom Prison after taking the rap for a murder committed by his son Darius, Animal is determined to serve his time quietly. When a race war escalates in the cell block, Animal is reluctant to be a participant in the fighting – but he cannot escape his violent past. Animal’s old prison nemesis Kasada reaches beyond the prison walls to frame his son James Jr. for another murder, blackmailing Animal into fighting. It is up to Darius to help his father by exonerating James Jr. and breaking Kasada’s hold over Animal. Now forced to resume his position of gang leadership in order to protect his family, Animal desperately fights for his life and their freedom...
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INTERVIEW
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STATUS: Completed
PRINCIPAL CAST:
Steve Buscemi
Sienna Miller
GENRE:
Drama
SYNOPSIS:
Self-destructive journalist Pierre Peders (Buscemi) is no stranger to violence and inhumanity. Having made his name as a war reporter, he has traveled the world seeing some of the most horrifying sights imaginable. So it’s no surprise that he’s upset when he’s demoted to interviewing America’s most famous soap star Katya (Miller). The two meet and instantly it’s a collision of two worlds – Pierre’s serious political intentions and Katya’s superficial world of celebrity. But perhaps all is not as it appears. As their confessions grow more intimate, Pierre and Katya find a deeper connection. Each is scarred in their own way, aching from deep, hidden pain. But honest revelations soon give way to punishing deceptions. Their confrontation evolves into a passionate verbal chess game spiked with wit, intrigue, and sexual tension capped with a riveting twist ending.
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IN THE PEACE ARCH LIBRARY
Peace Arch owns one of the largest libraries of top quality independent feature films in the world,
featuring more than 500 classic and contemporary titles
STATUS: Completed
CAST:
Harvey Keitel (The Piano), Joshua Jackson (Cruel Intentions), Claire Forlani (Meet Joe Black), Giancarlo Giannini (Hannibal)
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STATUS: Completed
CAST:
Christopher Plummer (A Beautiful Mind), Brian Dennehy (Cocoon, Romeo & Juliet), Ted Danson (Saving Private Ryan, 3 Men and a Little Lady), and Ellen Burstyn (The Exorcist, Alice Doesn't Live Here Anymore)
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STATUS: Completed
CAST:
Christian Slater (True Romance), Molly Parker (Sunshine), Stephen Rea (The Crying Game)
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Recent News from PAE |
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Peace Arch Announces Completion of Record-Setting Production Year for The Eyes Division
Company’s Lifestyle Television Division Produces 47 New Episodes Contributing Additional Revenue Growth
TORONTO – Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company creating critically acclaimed television, film and DVD content for worldwide distribution, has announced that the Company’s television lifestyle programming division, The Eyes Project Development Corp., is currently producing and delivering a record setting production slate of 47 new television episodes and three new pilots during 2007.
Peace Arch continues to execute on its high-growth business model focused on producing an increasing volume of highly commercial film and television content while mitigating risk through the utilization of certain financing strategies such Canadian tax credits and non-recourse bank financing.
“The Eyes continues to produce high-quality, low-cost content that enables Peace Arch to provide reliable cash flow and profitability,” said John Flock, President of Peace Arch Entertainment. “The division’s commitment to innovation, quality and production efficiency has yielded terrific results for Peace Arch. We congratulate our colleague Blair Reekie on the outstanding performance of his division and we are confident that The Eyes will continue to produce television programming at a record setting pace in fiscal 2008 which will provide the Company with attendant revenues and earnings.”
The Eyes is a full service production and post production company based in Vancouver that is widely recognized for reality entertainment formats that include weight loss programs and home makeovers. The Company also produces sponsored programming and provides post production services to networks and independent producers.
In 2007, The Eyes’ production schedule included episodes for the series “Makeover Wish,” “Bulging Brides,” “The Last 10 Pounds Bootcamp” and “Air Dogs.” Other original programs include "Animal Miracles" (ANIMAL PLANET),, "Rights of Passage" (TLC), "Raven in the Sun" (CBC), "Campus Vets" (National Geographic Channel) and "Love it or Lose it!" (HGTV Canada). The company earned a 2007 Western Regional Emmy® Award for its documentary “Heroines,” originally broadcast on BRAVO!.
“The Last 10 Pounds Bootcamp” is a format that propels women through an intense fitness and nutrition regimen that dramatically resizes them in record time. Motivated by a special event (an upcoming wedding, anniversary, vacation) participants strive to transform themselves physically and mentally in just four weeks. “The Last 10 Pounds Bootcamp” is already on its second season, which is due to begin broadcasting later this fall.
“Bulging Brides” is a new and riveting comical format that is due to launch in January, 2008. It is a brash take on weight loss, as the show depicts various scenarios on how to get a ‘bride to be’ into her undersized wedding dress. A ‘Dream Team’ of fitness trainers and nutritionists identify the bride’s physical problem zones, the challenges she faces with her wedding dress and how to establish her goals by working with the bride over a six-week period in order to meet her target weight.
“Makeover Wish” is a feel good format that follows a $25,000 makeover dream come true for very deserving people. Nominated by friends and family for this special and once in a life time opportunity, homeowners will receive the chance to have a fantastic makeover for the whole family, for one person, or just one room.
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 500 classic and contemporary titles. 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. Peace Arch recently acquired Dufferin Gate Productions, one of Toronto's foremost providers of production services and facilities, and Trinity Home Entertainment, a leading distributor of independent features films in the United States.
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 STATEMENT
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.
Contact:
Roy Bodner
Vice President Public Relations
Peace Arch Entertainment
(310) 776-7208
Email Contact: Email Contact
Financial Communications
Trilogy Capital Partners
Ryon Harms
(800) 592-6067
Email Contact: Email Contact
Press Release Source: Peace Arch Entertainment Group Inc.
Wednesday September 12, 3:30 am ET
Peace Arch Entertainment Announces CEO Gary Howsam Signs New Multi-Year Agreement
Agreement Highlights Howsam's Leadership as Company Continues to Create Critically Acclaimed Content for Production and Distribution in Lucrative International Markets
TORONTO--(MARKET WIRE)--Sep 12, 2007 -- Peace Arch® Entertainment Group Inc. (AMEX:PAE - News) (Toronto:PAE.TO - News), an integrated global entertainment company creating critically acclaimed television, film and DVD content for worldwide distribution, today announced that Chief Executive Officer Gary Howsam has signed a new employment agreement, effective September 1, 2007 through September 2009. The agreement further validates Mr. Howsam's key leadership role as Peace Arch continues to execute on becoming a fully integrated entertainment company with major distribution partners in nearly every major international market.
Since joining Peace Arch in December 2002, Mr. Howsam has managed the Company's expansion from a small production company to a high growth emerging leader in the global entertainment sector, creating critically acclaimed television, film and DVD content for worldwide distribution. The Company's outstanding performance in production, acquisition and sales during the last five years has resulted in its ten-fold increase in revenue, one hundred-fold increase in market value, and ten-fold increase in share value.
You May View the Entire News Release HERE
Press Release Source: Peace Arch Entertainment Group Inc.
Tuesday September 11, 11:12 am ET
Peace Arch Entertainment Announces President John Flock Elected to Board of Directors and Promoted to Chief Operating Officer
Flock Promotion Further Validates Company's Sustained Period of Growth and Rapid Expansion of Burgeoning Worldwide Production and Distribution Operations
TORONTO--(MARKET WIRE)--Sep 11, 2007 -- Peace Arch Entertainment Group Inc. (AMEX:PAE - News) (Toronto:PAE.TO - News), an integrated global entertainment company creating critically acclaimed television, film and DVD content for worldwide distribution, today announced that industry veteran John Flock has signed a new agreement that retains his current position as President, expands his responsibilities as new Chief Operating Officer and appoints him to the Company's Board of Directors (effective September 1, 2007). Mr. Flock's promotion underscores his proven leadership during one of the most exciting periods of growth in the Company's history.
Since joining Peace Arch in May 2004, Mr. Flock has helped set an aggressive strategy that resulted in a dramatic increase in the number productions, distribution agreements and acquisitions, including one of the largest independent English-language feature film libraries in the world. He was also instrumental in the Company's expansion into direct theatrical and DVD distribution in the United States.
You May View the Entire News Release HERE
Press Release Source: Peace Arch
Friday September 7, 4:01 pm ET
Peace Arch Announces Election of Prominent Industry Executive, Jeffrey Sagansky,
to Co-Chairman of Board of Directors
Former Top Executive at Paxson, CBS and Sony to Contribute to Company's Global Expansion
TORONTO, ON--(MARKET WIRE)--Sep 7, 2007 -- Peace Arch Entertainment Group Inc. (AMEX:PAE - News) (Toronto:PAE.TO - News), an integrated global entertainment company creating critically acclaimed television, film and DVD content for worldwide distribution, today announced the election of prominent entertainment industry veteran Jeffrey Sagansky as Co-Chairman of the Board, effective September 1, 2007. The election of Mr. Sagansky, who will serve alongside Peace Arch's former Chairman, and now Co-Chairman, Drew Craig, will contribute significant financial and entertainment expertise, providing support in the execution of Peace Arch's high-growth business model.
Mr. Sagansky joins Peace Arch with a highly successful career in entertainment and media. He has held such prominent industry positions as Chief Executive Officer of CBS Entertainment, Co-President of Sony Pictures Entertainment, President of TriStar Pictures, Senior Vice President of Programming at NBC and CEO of Paxson Communications.
You May View the Entire News Release HERE
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Financial Highlights for PAE |
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a
1-Year Return = 105%
Recent Trade: 2.25 (09-14-07)
52wk Range: 0.85 - 2.98
Avg Vol (3m): 85,246
Market Cap: 76.79M
Sector: Services
Industry: Movie Production
Shares O/S: 34.13 M
State of Incorporation: BC
Fiscal Year End: August 31
Transfer Agent: CIBC Mellon Trust |
PAE vs. S&P 500 INDEX
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PAE is a Fully Reporting company, to view the latest PAE SEC filings, Click Here
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TO CONTACT PEACE ARCH |
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Peace Arch® Entertainment Group Inc.
1867 Yonge Street, Suite 650
Toronto, Ontario M4S 1Y5
Telephone: (416) 783-8383 Fax: (416) 783-8384
Web Site: http://www.peacearch.com
Investor Relations Contacts:
Roy Bodner, VP Public Relations
Peace Arch Entertainment
(310) 776-7208
Financial Communications Firm
Trilogy Capital Partners
Ryon Harms
(800) 592-6067
Ryon@trilogy-capital.com
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