| Business Summary | | Metro
Global
Media,
Inc.
is
engaged
in
the
production
and
distribution
of
erotic
prerecorded
videocassettes,
magazines,
CD-ROMs,
digital
versatile
discs
(DVD)
and
other
products.
Metro
Global
operates
through
its
wholly
owned
subsidiaries
and
operating
divisions:
Metro
West
Studios,
Inc.,
Metro,
Inc.
-
West
Coast
Division,
Metro
International
Distributors,
Amazing
Media
Group,
Inc.,
Amazing
Direct.com,
Amazing
On-Line,
Metro,
Inc.
-
East
Coast
Division
and
Airborne
for
Men,
LTD.
Additionally,
Metro,
through
its
subsidiary
Rocket
Media
Group
LLC,
is
a
50%
partner
in
Maxstone
Media
Group,
LLC.,
a
producer
and
distributor
of
newsstand
magazines. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Metro
Global
Media,
through
a
wholly
owned
subsid.,
is
in
the
motion
picture,
print
production
and
distribution
business,
and
magazine
publishing
and
distribution.
For
the
nine
months
ended
2/24/01,
revenues
decreased
7%
to
$19
million.
Net
loss
from
continuing
operations
before
extraordinary
item
fell
46%
to
$1.2
million.
Revenues
reflect
decreased
sales
of
videos,
novelties
and
foreign
film
rights.
Lower
loss
reflects
a
decreased
interest
expense
due
to
a
decrease
in
outstanding
debt. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Gregory Alves, 33 Pres | $75K | Louis Turcotte CFO,
Treasurer, Sec., Director | -- | Dollar amounts are as of 27-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|