Palisades Tartan has 'Sinking' feeling

November 12, 2008 Palisades Tartan has acquired U.S. and U.K. rights to Shinji Higuchi’s disaster epic "The Sinking of Japan," along with U.S. rights to the extreme horror title "The Butcher," as part of its bid to rebuild the 25-year-old label. Sold by Tokyo Broadcasting System at this week's AFM, the sci-fi thriller "Sinking" made $48 million at the Japanese boxoffice when it was released by Toho in summer 2006. Palisades chairman and CEO Vin Roberti said Wednesday that Tartan is looking to release 24 films in both of Palisades Tartan's territories next year, with six to eight theatrical releases planned for the U.S. and 12 planned for the U.K. Other titles will roll out on DVD.

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