Film distributor Metrodome Group in administration

Fri, 19 Aug 2016 | ADMINISTRATION

Metrodome Group, the company behind movies including Donnie Darko and Monster, is now in administration.

While an official statement declaring the news has not yet been released, it is thought Cowgill Holloway is managing the administration process. Staff were informed of the situation and redundancies on Wednesday this week (17th August). Most of the 32 staff have lost their jobs.

Metrodome had been seeking a buyer for the business recently, and had expected to attend upcoming markets as normal. It's managing director Jezz Vernon exited his role last month.

It is thought that 101 Films has taken on some of the company's assets, but this hasn't been confirmed with the company.

New releases on the horizon include The Childhood Of A Leader, which is due out today (Friday, 19th August) and Personal Shopper, starring Kristen Stewart, set for a release in October. With the present circumstances, however, the future of these films is as yet unclear.

Established in 1995, Metrodome is among Britain's main purchasers of foreign language and English-language independent films, and also has international sales and production operations. Other recent releases include foreign language Oscar winner The Secret In Their Eyes and The Counterfeiters.


Share this article



Latest Businesses for Sale

Pharmacy
Cambridgeshire, UK Wide

Long established community pharmacy. First time on the market in 30 years. Now occupying exemplary new purpose built accommodation. Standard hours. Offers invited.

Asking Price: Offers Invited
Turnover: £885,000

LEASEHOLD


Creative Consultancy & Interior Design Solutions
UK Wide

Works closely with clients to produce interior design solutions for educational institutions, which could be marketed to more sectors.Additionally offers an array of creative media, including videos,presentations, websites, branding and full direct m...

Asking Price: Offers Invited
Turnover: £873,000

RELOCATABLE


Health Centre Pharmacy
Devon, UK Wide

Unopposed health centre pharmacy. Semi-rural location. In receipt of Pharmacy Access Scheme payments. Offers invited.

Asking Price: Offers Invited
Turnover: £845,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
22
 
Jan
 

Chelmsford warehouse management firm bought by software provider | BUSINESS SALE

Chelmsford-based warehouse management solutions provider Min...

 
21
 
Jan
 

MBO at Newcastle market research company | MBO/MBI

Newcastle-based market research company Explain Market Resea...

 
20
 
Jan
 

Target Healthcare embarks on acquisition spree | BUSINESS SALE

Target Healthcare has completed the acquisitions of a develo...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
16
 
May
 

Dagenham recycling firm enters administration | ADMINISTRATION

A plastic milk bottle recycling firm based in Dagenham has b...

 
07
 
May
 

Data hosting firm Alphadex bought out of administration | BUSINESS SALE

iRack Limited has bought data hosting and processing company...

 
30
 
Apr
 

Company behind Zumu.co.uk in administration | ADMINISTRATION

Administrators have been brought into unwanted DVD reseller ...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources