September 11, 2007–Magnolia Pictures, the adventurous New York distributor, will launch Magnet, a new label for genre film
productions and acquisitions, such as horror, action, comedy and Asian cinema features.
First movie to be released under new label is
Jeremy Saulnier's “Murder Party,” which will hit DVD next month, followed by a late of theatrical and DVD releases that include Hitoshi
Matsumoto's “Big Man Japan,” Tony Stone's “Severed Ways,” Ringo Tam,
Johnnie To and Tsui Hark's “Triangle,” Olivier Assayas' “Boarding Gate,” and Mark Hartley's “Not Quite Hollywood