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Significant Interest for TV-Loonland Stake in Metrodome

TV-Loonland AG announced that it has received significant interest in its stake in home entertainment firm, Metrodome. Earlier in the year, TV-Loonland AG announced its plans to sell its majority shareholding in Metrodome. Interest in buying the stake were received from North America, Europe and the U.K., both from strategic investors, the film industry and venture capital funds.

The board of Metrodome has drawn up a shortlist of four interested parties with whom they have entered into the second stage of the process. TV-Loonland said it "believes that the positive prospects for Metrodome after the successful restructuring/strategy change and the strong film slate should be reflected in appropriate sale proceeds for the company."

The sale may result in an offer to all existing shareholders of Metrodome.

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Rick DeMott
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