NEW YORK (Hollywood Reporter) - The Weinstein Co. and IFC Entertainment have co-acquired North American rights to the serial-killer drama "Out of the Blue."

Tentatively scheduled for a May bow, "Blue" tells the true story of New Zealander David Gray, who shot and killed more than a dozen people in his small hometown. It premiered in September at the Toronto International Film Festival.

The film is set for theatrical and video-on-demand distribution though IFC's First Take program and a DVD release through Genius Products.

About Genius Products

Genius Products, Inc. (OTCBB:GNPI - News), along with The Weinstein Company, jointly own Genius Products, LLC, a leading independent home-entertainment distribution company that produces, licenses, and distributes a valuable library of motion pictures, television programming, family, lifestyle and trend entertainment on DVD and other emerging platforms through its expansive network of retailers throughout the U.S. Genius handles the distribution, marketing and sales for such brands as Asia Extreme(TM), Baby Genius®, Dragon Dynasty(TM), Dimension Films, ESPN®, IFC®, NBC News®, Sundance Channel Home Entertainment®, Wellspring(TM) and The Weinstein Company®. Genius Products, Inc. is the managing member of Genius Products, LLC, in which it holds a 30% equity interest.

About The Weinstein Company

The Weinstein Company was created by Bob and Harvey Weinstein, the brothers who founded Miramax Films Corp. in 1979. TWC is a multi-media company that officially launched on October 1, 2005. Dimension Films, the genre label that was founded in 1993 by Bob Weinstein, is also included under TWC banner. The Weinsteins are actively working on the production, development, acquisition and distribution of projects for TWC and Dimension.

Safe Harbor Statement

Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements. The forward-looking statements reflect assumptions and involve risks and uncertainties that may affect the business, forecasts, projections and prospects of Genius Products and Blockbuster Inc., and cause actual results to differ materially from those in these forward-looking statements. These forward-looking statements include, but are not limited to, the anticipated financial performance in 2007, and any other statements that are not historical statements of fact. Actual results could vary for many reasons, including but not limited to, the unpredictability of audience demand, the effect of technological change and the availability of alternative forms of entertainment. Other risks and uncertainties include matters described in filings by Genius Products Inc. with the Securities and Exchange Commission. Genius Products Inc. does not assume any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Reuters/Hollywood Reporter
By Gregg Goldstein

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