http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/04/lol-miley-cyrus-lionsgate.html
In fact, "LOL" would likely have gone direct to DVD, the knowledgeable people said, but Mandate's contracts with foreign distributors contained a provision that the movie must be shown domestically in at least 100 theaters. As a result, the studio has very quietly decided to release "LOL" in seven cities on May 4, the same day as the sure-to-be blockbuster "Avengers," which is expected to open to more than $100 million.
Lionsgate set the May 4 date recently without making any formal announcement and has apparently planned to do no publicity.
In a sign of how low a priority "LOL" is at Lionsgate, its marketing is being handled by the studio's home entertainment division, not its theatrical marketing team, which typically oversees any release going to theaters.