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Home > Company Index > Leisure > Adult Entertainment > Metro Global Media, Inc.

Metro Global Media, Inc.
 NEWS FROM THE STANDARD
Silicone Valley: Porn Goes Public
Oct 31 2000 05:29 AM PST

 PROFILE
Here's a company that can get hard-core about its business. Metro Global Media produces and distributes adult movies on video and DVD, which are sold primarily to retail outlets. About 40% of sales come from Capital Video, a chain owned by reputed mobster Kenneth Guarino. (Guarino also controls 30% of Metro Global.) The company also has cable distribution deals with Playboy and New Frontier Media. In addition, Metro Global operates adult Web sites (amazingsex.com, amazingdirect.com), publishes magazines, and operates an adult entertainment retail chain with almost 20 franchised locations through its Airborne for Men subsidiary. In 1999 Metro Global sold its entertainment magazine unit, Fanzine International.

 COMPETITION
General Media International, Inc. (dossier)
Larry Flynt Publishing Inc. (dossier)
Vivid Entertainment Group (dossier)

 DEALS
Deal: Metro Global Media Partners With New Frontier
Date Announced: 07.27.99
Value of transaction (US $Mil): 10
Description: The two companies agree to a licensing and production alliance.

 FINANCIAL OVERVIEW
Fiscal Year-End: May
2000 Sales (mil.): 27.80
1-Yr. Sales Growth: 18.8%
Employees: 146
Revenue per employee: $190,410.96

 KEY PEOPLE
• Gregory Alves
    CEO
• Janet M. Hoey
    CFO

 CONTACT INFO
1060 Park Ave.
Cranston, RI 02910
US
Phone: 401-942-7876
Fax: 401-943-6363
Online: Web Site

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