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[05/06/08 - 01:38 PM]
Documentary Maxed Out to Premiere 5/14 at 9:00 P.M.!
The film, which depicts how the modern financial industry really works, will makes its television premiere on Showtime.

[via press release from Showtime]

Documentary MAXED OUT To Premiere 5/14 At 9:00 p.m.!

CRIPPLING CREDIT DEBT, MEGA MORTAGES, STIFILING STUDENT LOANS AMERICA IS MAXED OUT

Timely Documentary Film To Make Its Television Premiere On SHOWTIME Wednesday, May 14th 9 PM ET/PT

LOS ANGELES, CA � (May 6, 2008) � MAXED OUT takes viewers on a journey deep inside the rapidly unraveling world of America's debt crisis. With stories that span from small American towns all the way to the White House, the film depicts how the modern financial industry really works. It showcases an America completely "maxed out" on insurmountable credit card debt and mortgage payments, and tells us why the poor keep getting poorer and how the world's largest banks are flirting with disaster. At times, hilarious and profoundly disturbing, MAXED OUT is a definitive picture of a national nightmare that has become an international phenomenon. The film makes its television premiere on SHOWTIME on Wednesday, May 14th at 9 PM ET/PT.

The film could not be timelier as many of its predictions have come to pass while the film's director James Scurlock continues to call for the repeal of bankruptcy reform and the return of meaningful financial regulation. MAXED OUT goes in depth to reveal the stories behind headline-making bank bailouts, a national economy in recession, mountains of home foreclosures, and a government helpless to fix the problem.

Winner of the Special Jury Prize at the SXSW Film Festival and an official selection of more than 10 international festivals, MAXED OUT was written, directed and produced by James Scurlock. The film was released by Magnolia Pictures in March 2007 and was one of the best reviewed films of the year, landing on several top 10 lists, including the Washington Post and Mother Jones. The film has been screened at the United States Capitol and received the national media award from the National Association of Consumer Attorneys in 2007. Red Envelope Entertainment/Magnolia Home Entertainment released the DVD in June 2007 and it quickly rocketed to the third-most queued film on Netflix.

MAXED OUT is James D. Scurlock's first feature film. He is also the author of "Maxed Out: Hard Times and Easy Credit" which was published by Simon & Schuster imprint Scribner in March 2007. It just recently won the prestigious 2008 Ridenhour Prize.

# # #

Showtime Networks Inc. (SNI), a wholly-owned subsidiary of CBS Corporation, owns and operates the premium television networks SHOWTIME�, THE MOVIE CHANNEL� and FLIX�, as well as the multiplex channels SHOWTIME 2�, SHOWTIME� SHOWCASE, SHOWTIME EXTREME�, SHOWTIME BEYOND�, SHOWTIME NEXT�, SHOWTIME WOMEN�, SHOWTIME FAMILY ZONE� and THE MOVIE CHANNEL� XTRA. SNI also offers SHOWTIME HD�, SHOWTIME 2 HD�, THE MOVIE CHANNEL HD�, SHOWTIME ON DEMAND�, THE MOVIE CHANNEL ON DEMAND� and FLIX ON DEMAND�. SNI is also an owner and manager of SUNDANCE CHANNEL�, a venture of NBC Universal, Robert Redford and SNI. SNI also manages Smithsonian Networks�, a joint venture between SNI and the Smithsonian Institution which recently launched SMITHSONIAN CHANNEL�. All SNI feeds provide enhanced sound using Dolby Digital 5.1. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV�.





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