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Metrodome Group

  • BY: Andrew Hore |
  • POSTED: 28/06/2010 |

Metrodome Group says it is in talks to acquire Target Entertainment Group.

Target (www.targetentertainmentgroup.com) is a TV rights management and production business that was founded in 1999 by Alison Rayson. In 2008 it acquired TV programme producer Greenlit (www.greenlit.co.uk), which makes Foyles War.

Peter Urie resigned as chief executive of Metrodome at the end of March 2010. Metrodome recently switched nominated adviser and broker from Astaire to Charles Stanley.

Metrodome is releasing Best Foreign Language Oscar film The Secret In Their Eyes in the UK this summer.

Metrodome’s revenues grew from £6.59m to £9.09m in 2009, while a loss of £543,000 was turned into a profit of £199,000.

At 1.875p a share, Metrodome is valued at £3.46m.

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