Actually these are called the After Dark Horror Fest (the tag line was "8 films to die for"). The yearly film festival started in 2006 and ran in November at a few theatres featuring independent horror movies.
The films for 2006 were:
Penny Dreadful
The Gravedancers
The Hamiltons
Dark Ride
The Abdandoned
Unrest
Reincarnation
Wicked Little Things
The 2007 version featured:
The Deaths of Ian Stone
Nightmare Man
Unearthed
Crazy Eights
Tooth and Nail
Borderland
Mulberry Street
Lake Dead
It appears they have postponed the 2008 Horrorfest until January 2009.
They have announced the following films so far:
Slaughter
From Within
Perkins 14
Butterfly Effect: Revelation
Lionsgate seems to have veered away from the original purpose of the festival, being that it was a place for Indie horror films, by including Butterfly Effect 3 in here. Why the world needs another Butterfly Effect film is beyond me.
The films are for the most part hit or miss. Depending on who you talk to everyone seems to have a different list of favorites from these movies.