The London-based theatrical distributor has bought the TV sales agent/distributor for £800,000 ($1.3 million) – way down on the £10 million which was being talked about before. Instead, Metrodome has promised to invest a further £3 million in Target. Negotiations between both companies broke down last month. Mark Webster, executive chairman of Metrodome, has personally bought 50% of Target and is investing £700,000 himself in the company. Metrodome wants Target because around 6,000 hours of TV programming to ride out those peaks and troughs of theatrical releasing.
Metrodome Buys Target Entertainment
What's Hot on Deadline
'Fifty Shades' Dominant With $277M WW; 'La La' Lands $200M+ Overseas; 'XXX' Tops In China - International Box Office
John Oliver: Donald Trump Tyrannizes TV News Week With "Bat-Sh*t Crazy" News Conference, Terrorism-In-Sweden Speech
Simon & Schuster Cancels Milo Yiannopoulos 'Dangerous' Book Deal After Conservative Blog Digs Up Old Interview
Latest TV News
- ‘Timeless’ Season Finale: Shawn Ryan On Big Twist & Reset For Potential Season 2
- ‘Timeless’ Awaits Renewal Decision By NBC As Season 1 Ends: Is It Out Of Time?
- Conan O’Brien Makes Guest Appearance On Mexican Telenovela ‘Mi Adorable Maldición’
- Brenda Buttner Dies: Fox News ‘Bulls And Bears’ Host Was 55
- Judd Apatow Roasts Donald Trump In Stand-up Routine: “I Feel Like I’ve Just Been Raped”
- Simon & Schuster Cancels Milo Yiannopoulos ‘Dangerous’ Book Deal After Conservative Blog Digs Up Old Interview