2. Metrodome Group
Metrodome Group Ltd is a Lond on-based company that owns, manages and
distributes film, TV and digital content. The Company operates through two
divisions: Metrodome Distribution (features films and home entertainment in the
UK) and Hollywood Classics. The Company's library of rights includes over 300
feature films.
3. History…
1995
Metrodome Group Ltd is a private company that was first listed on the USM (now AIM) stock market in June 1995.
Metrodome Group Ltd, incorporating its main operating subsidiary, Metrodome Distribution Ltd started life as Metrodome Films
Ltd, an independent British film production group specialising in the production and financing of feature films for distribution
through cinema, video, television, cable, satellite, video on demand and other allied media. At that time it had completed
production of Leon the Pig Farmer, Solitaire for Two, Beyond Bedlam, Clockwork Mice and Proteus.
1998
The company ceased its activities in film production and repositioned itself as an independent distributor of entertainment rights
licensing, marketing and distributing feature films, television and video programming primarily through the cinema and DVD
distribution channels.
2001
In November 2001 TV Loonland AG (TVL), an international producer of children's titles, bought a 29.9% stake in order to develop
a strategic relationship with a film distributor. After a period of further investment, in February 2003 TVL had increased it's stake
in Metrodome to 83%.
2003 to 2006
In terms of Theatrical and DVD releases during this period notable successes were Donnie Darko (2003), Monster (2004), The
Corporation (2005), Flight 93, Shooting Dogs and Saints and Soldiers (2006).
2006
Final quarter 2006 saw the launch of two budget price labels Mini Metro and In2Film which made great inroads in the budget
priced DVD market place.In 2006 TVL announced that it wished to take a less active role in Metrodome and reduce its
shareholding to allow more liquidity in the trading of the Company's stock and attract new investors, in order to provide
Metrodome's management team with the opportunity to grow the business going forward.
2007
TVL shareholding was reduced to 61.3%.That year saw the release of Them and the Oscar nominated and critically acclaimed
Days of Glory and Water. Furthermore, The Counterfeiters was released to great critical acclaim and box office success and at
The Academy Awards in 2008 it won an Oscar in the best foreign language category.
2008
4. continued…
entertainment group with offices throughout Eastern Europe. Alerria acquired it's shareholding in Metrodome in order to fulfill it's
strategic objective of expanding from its existing operational base in Bucharest Romania.
In 2008 Metrodome continued to have further successes. Away From Her starring Julie Christie received 2 Oscar nominations
including Best Actress for Julie Christie. In terms of DVD titles, 2008 saw the releases of such diverse titles as In The Name of The
King starring Jason Statham, Assembly, Howard The Duck, Bloodrayne II, Reeker 2 and King Lear. In 2009 further success came
with the theatrical releases of Fifty Dead Men Walking and Shifty and DVD titles The Warlords, North Face, Dragon Hunter and
Goal III.
2009
In the summer of 2009 Metrodome moved from its offices in Dean Street to The Communications Building in Leicester Square.
Fifty Dead Men Walking, starring Sir Ben Kingsley and Jim Sturgess, and Shifty, a low-budget British film were the major theatrical
releases in the year. DVD saw the semi legendary Mega Shark v Giant Octopus released, further demonstrating the flexible
Metrodome model which allows art house and foreign language films to be released alongside more commercial films. In addition
the significant DVD releases were The Warlords, North Face, Dragon Hunter and Goal III.
Metrodome signed an exclusive deal with Palisades Tartan to represent the Palisades TV and VOD library in the UK. The deal also
included theatrical distribution rights for the vampire feature film Thirst, joint winner of the 2009 Cannes Film Festival Jury Prize,
which was released in October 2009.
2010
In 2010 Metrodome released 5 theatrical titles in cinemas and 15 one-print releases to launch to DVD. The highlights were I am
Love, starring Tilda Swinton, which was nominated for a BAFTA, and Lebanon which won the Venice Film Festival's Golden Lion. In
the second half, Leaving with Kristen Scott-Thomas won Best Actress at the London Evening Standard Awards, and The Secret in
their Eyes, which won an Oscar in 2010 for best foreign language film. 2010 proved a very successful year in terms of gross box
office billings of £2.1m, with three out of the top ten foreign language films in 2010. The group also released 53 titles for the DVD
Home Entertainment market.
In addition to the main business of acquiring rights to film and TV, a separate company has been set up called Cinedome Ltd which
is wholly owned by Metrodome Group with its sole purpose to develop co-production films. This was a reaction to the recession
which made funding new films difficult. The benefits are that Metrodome become involved more upstream in the development of a
film without the full risks attached to such a project, so production and equity share of the selling rights are shared across
international markets. The first two films for the home entertainment market have been released in 2011- Age of Dragons and Age
of Heroes. Early indications are very positive, and these provide an ideal way of securing quality product at a reasonable investment
level.
5. continued…
In August 2010 Target Entertainment was acquired by Metrodome Group. Founded in 1998, Target is a TV distribution rights
management business. It has a broad international network and substantial catalogue of rights across a wide range of genres,
including drama, documentary, comedy and kids entertainment. It was acquired for £800,000.
2011
In August 2011 Hollywood Classics was acquired by Metrodome Group, which gave the Group three operating companies.
Metrodome Distribution operates in Film Distribution in the UK, Target a worldwide sales agency in TV and Hollywood Classics a
worldwide sales agency in classic film.
Hollywood Classics proudly represents the classic film libraries of Universal, Paramount, Twentieth Century Fox, Warner Bros. and
the UK Film Council, as well as a large number of films from independent producers. Hollywood Classics provides a unique service
marketing and distributing the rights of classic films enabling thousands of films to be shown throughout the world to cinema
audiences, who otherwise may never have the opportunity of seeing them in the medium for which they were originally intended.
Hollywood Classics also distributes a growing number of studio classic films for the DVD markets as well as a library of over 700
(mostly European) films for television, DVD and VOD.
Opened for business in 1984, Hollywood Classics is a North London-based company with satellite representatives in Germany, Italy,
Japan and the USA.
Metrodome moved its central office to the Target Edgware Road site in March 2011.
2012
Metrodome takes the decision to concentrate on film activities through Metrodome Distribution, Hollywood Classics and Cinedome.
Metrodome's great record of having their films recognised in the Oscar awards continues with In Darkness, a Polish film, being
nominated for the 2012 awards.
2013
In July 2013 the company cancelled its admission to AIM and re-registered as a private company, changing its name from
Metrodome Group plc to Metrodome Group Ltd.
2014
In October 2014 Cinedome changed its name to Metrodome International.
Today
The Metrodome Group is run by the senior executive team consisting of the CEO and Chairman Mark Webster, Group Finance
Director Deborah Brown, MD Metrodome Distribution & International, Jezz Vernon and MD Hollywood Classics, John Ramchandani.
The culture is friendly, informal and very hard working and the business is of such a size that its people can make a real difference.
6. • I would choose this company to produce our film
as they produce great films with low budget, and
tend to produce films of a similar genre to our
thriller. They have also produced one of my
favourite films called Donny Darko, which is
extremely clever and well thought out.
• Their target audience is also very similar to ours,
which is 18-25.