London -- U.K. independent Metrodome Distribution said Wednesday it is significantly reducing its theatrical movie distribution endeavors whilst at the same time re-iterating a desire to keep its toe in the market.
The British distributor, listed here on the Aim stock exchange, said it "remains an all rights distributor" and aims to operate "across all distribution platforms."
It also took the opportunity to inform sales outfits and producers alike that it plans to "move towards a more commercially focused slate of theatrical releases scaled in accordance with market conditions."
The strategic shake up comes on the back of last month's resignation of Metrodome CEO Peter Urie who exited to pursue personal producer ambitions and the departure of theatrical distribution general manager Sara Frain. Urie leaves with a retainer with Metrodome.
The release slate includes "I Am Love," Venice Film Festival Golden Lion winner "Lebanon" and the foreign language Oscar...
The British distributor, listed here on the Aim stock exchange, said it "remains an all rights distributor" and aims to operate "across all distribution platforms."
It also took the opportunity to inform sales outfits and producers alike that it plans to "move towards a more commercially focused slate of theatrical releases scaled in accordance with market conditions."
The strategic shake up comes on the back of last month's resignation of Metrodome CEO Peter Urie who exited to pursue personal producer ambitions and the departure of theatrical distribution general manager Sara Frain. Urie leaves with a retainer with Metrodome.
The release slate includes "I Am Love," Venice Film Festival Golden Lion winner "Lebanon" and the foreign language Oscar...
- 4/14/2010
- by By Stuart Kemp
- The Hollywood Reporter - Movie News
London -- A live action fantasy thriller starring Vinnie Jones and Danny Glover directed by Ryan Little named "Dragon Fire" will kickstart U.K. indie Metrodome Distribution's production arm ambitions.
The distributor is branching out into production with Cinedome and Little's project -- the first to light up the startup division.
Based on the classic story of "Moby Dick," the $5 million-budgeted movie is written by McKay Daines and begins shooting this week in Utah. It will be a joint production between Metrodome CEO Peter Urie and U.S. production and sales outfit Koan Productions.
Metrodome will distribute in the U.K. and Ireland and will hold an equity stake in the movie worldwide, in addition to co-producing the film.
Urie said: "This new production venture forms part of our growth plans in which we [at Metrodome] intend to build additional revenue streams for the company to enhance our successful U.K.
The distributor is branching out into production with Cinedome and Little's project -- the first to light up the startup division.
Based on the classic story of "Moby Dick," the $5 million-budgeted movie is written by McKay Daines and begins shooting this week in Utah. It will be a joint production between Metrodome CEO Peter Urie and U.S. production and sales outfit Koan Productions.
Metrodome will distribute in the U.K. and Ireland and will hold an equity stake in the movie worldwide, in addition to co-producing the film.
Urie said: "This new production venture forms part of our growth plans in which we [at Metrodome] intend to build additional revenue streams for the company to enhance our successful U.K.
- 2/2/2010
- by By Stuart Kemp
- The Hollywood Reporter - Movie News
LONDON -- U.K. indie distribution label Metrodome is losing home entertainment chief Tom Stewart after a five-year run at the company. He is leaving the company to join DVD distributors High Flyers as head of acquisitions.
"Over the last two and a half years as the general manager of the Home Entertainment division, he has played a significant part in the recent success of Metrodome," said Metrodome CEO Peter Urie, adding that he is personally sad about Stewart's exit.
Metrodome recently sold 50.1% of its shares to Romania's Media Pro in a deal valuing the U.K. distributor at $6 million.
"Over the last two and a half years as the general manager of the Home Entertainment division, he has played a significant part in the recent success of Metrodome," said Metrodome CEO Peter Urie, adding that he is personally sad about Stewart's exit.
Metrodome recently sold 50.1% of its shares to Romania's Media Pro in a deal valuing the U.K. distributor at $6 million.
LONDON -- Metrodome's German parent, TV-Loonland, is set to sell a 50.1% stake in the U.K. distributor to Romania's MediaPro in a deal that values Metrodome at 3.2 million pounds ($6.2 million).
The announcement marks the end of a long sale process for struggling TV-Loonland, which recently announced the sale of its Hasbro Classics library back to the toy manufacturer for $7 million.
MediaPro said that Metrodome acquisition is part of its overall growth strategy and that it will work closely with Metrodome to continue developing its U.K. distribution business.
Metrodome's key executives -- managing director Peter Urie and finance director Steve Winetroube -- will stay in place and the intention is to keep the AIM-listed company public.
But Metrodome chairman Simon Flamank, who also tops TV-Loonland, is stepping down, to be replaced by Mark Webster, vp of business development at MediaPro.
MediaPro intends to raise additional funding using Metrodome's AIM quotation and to make further media acquisitions.
The announcement marks the end of a long sale process for struggling TV-Loonland, which recently announced the sale of its Hasbro Classics library back to the toy manufacturer for $7 million.
MediaPro said that Metrodome acquisition is part of its overall growth strategy and that it will work closely with Metrodome to continue developing its U.K. distribution business.
Metrodome's key executives -- managing director Peter Urie and finance director Steve Winetroube -- will stay in place and the intention is to keep the AIM-listed company public.
But Metrodome chairman Simon Flamank, who also tops TV-Loonland, is stepping down, to be replaced by Mark Webster, vp of business development at MediaPro.
MediaPro intends to raise additional funding using Metrodome's AIM quotation and to make further media acquisitions.
- 5/16/2008
- The Hollywood Reporter - Movie News
LONDON -- U.K. indie Metrodome Distribution has ordered a double Chinese takeaway by snapping up all U.K. rights to a brace of titles from Chinese director Feng Xiaogang ("Big Shot's Funeral").
Metrodome's Chinese take out includes Feng's "Assembly" and "The Banquet" and will see the U.K. distributor pledge to roll both titles out in U.K. theaters.
The deal for the two titles was struck by Metrodome GM home entertainment Tom Stewart, the company's acquisitions' manager Kate Edwards, Metrodome CEO Peter Urie and Felice Bee from Huayi Bros. Pictures.
Metrodome's Sara Frain, GM theatrical, will oversee the films theatrical release campaign, the company said.
"This continues to be an interesting time for Chinese cinema and Huayi Bros. are an exciting company representing quality productions. I look forward to a very successful future together," Stewart said.
Set during the bloody Huaihai Campaign of the 1948 Chinese Civil War, "Assembly" is based on a true story and follows one man's journey in search of truth and honor.
Metrodome's Chinese take out includes Feng's "Assembly" and "The Banquet" and will see the U.K. distributor pledge to roll both titles out in U.K. theaters.
The deal for the two titles was struck by Metrodome GM home entertainment Tom Stewart, the company's acquisitions' manager Kate Edwards, Metrodome CEO Peter Urie and Felice Bee from Huayi Bros. Pictures.
Metrodome's Sara Frain, GM theatrical, will oversee the films theatrical release campaign, the company said.
"This continues to be an interesting time for Chinese cinema and Huayi Bros. are an exciting company representing quality productions. I look forward to a very successful future together," Stewart said.
Set during the bloody Huaihai Campaign of the 1948 Chinese Civil War, "Assembly" is based on a true story and follows one man's journey in search of truth and honor.
- 1/16/2008
- The Hollywood Reporter - Movie News
LONDON -- Brit indie distributor Metrodome has snared all U.K. rights to Eric Barbier's French thriller "The Serpent", the company said Friday.
The movie, starring Yvan Attal ("Munich") and Clovis Cornillac ("A Very Long Engagement") details the story of photographer who finds himself caught up in an ugly divorce while being visited by a ghost from his past.
The deal was negotiated between Wild Bunch's Carole Baraton, Metrodome general manager Sara Frain and the company's acquisitions manager, Kate Falconer.
Metrodome CEO Peter Urie billed the movie as "a tense and intelligent thriller" and said it was "a fantastic addition to our slate for 2007."
Metrodome's upcoming slate includes "Days of Glory", Sarah Polley's directorial debut "Away From Her" and Deepa Mehta's Oscar-nominated "Water".
The movie, starring Yvan Attal ("Munich") and Clovis Cornillac ("A Very Long Engagement") details the story of photographer who finds himself caught up in an ugly divorce while being visited by a ghost from his past.
The deal was negotiated between Wild Bunch's Carole Baraton, Metrodome general manager Sara Frain and the company's acquisitions manager, Kate Falconer.
Metrodome CEO Peter Urie billed the movie as "a tense and intelligent thriller" and said it was "a fantastic addition to our slate for 2007."
Metrodome's upcoming slate includes "Days of Glory", Sarah Polley's directorial debut "Away From Her" and Deepa Mehta's Oscar-nominated "Water".
- 3/17/2007
- The Hollywood Reporter - Movie News
LONDON -- Brit indie distributor Metrodome has snared all U.K. rights to Eric Barbier's French thriller "The Serpent", the company said Friday.
The movie, starring Yvan Attal ("Munich") and Clovis Cornillac ("A Very Long Engagement") details the story of photographer who finds himself caught up in an ugly divorce while being visited by a ghost from his past.
The deal was negotiated between Wild Bunch's Carole Baraton, Metrodome's general manager Sara Frain and the company's acquisitions manager Kate Falconer.
Metrodome CEO Peter Urie billed the movie as "a tense and intelligent thriller," and said it was "a fantastic addition to our slate for 2007."
Metrodome's upcoming release slate includes "Days of Glory", Sarah Polley's directorial debut "Away From Her" and Deepa Mehta's Oscar nominated "Water".
The movie, starring Yvan Attal ("Munich") and Clovis Cornillac ("A Very Long Engagement") details the story of photographer who finds himself caught up in an ugly divorce while being visited by a ghost from his past.
The deal was negotiated between Wild Bunch's Carole Baraton, Metrodome's general manager Sara Frain and the company's acquisitions manager Kate Falconer.
Metrodome CEO Peter Urie billed the movie as "a tense and intelligent thriller," and said it was "a fantastic addition to our slate for 2007."
Metrodome's upcoming release slate includes "Days of Glory", Sarah Polley's directorial debut "Away From Her" and Deepa Mehta's Oscar nominated "Water".
- 3/16/2007
- The Hollywood Reporter - Movie News
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