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MediaPro buys Metrodome

FNE Staff 2008-05-21

TV-Loonland confirmed the sale of independent film distributor Metrodome to MediaPro. MediaPro acquired a 50.1% stake in Metrodome.

The sale was reported on www.licensing.biz, which added that MediaPro has a mandatory public offer for all remaining shares of Metrodome. The company's Investor Relations site confirmed the sale of 60,479,675 shares on May 19, at 2.62p (€0.03.27) per share.

MediaPro, which has both TV and film studio operations in Romania, is expected to use the purchase as a means to branch out into other territories in Europe. Metrodome's titles include Away From Her, Flight 93, The Counterfeiters, and Assembly.