April 6, 2018
Metrodome plans to invest £3 million ($4.7 million) in Target, which holds the licensing rights to Sony PlayStation software IPs in the U.K. and EMEA, including LittleBigPlanet, Invizimals, God of War and EyePet, as well as girls' fashion/lifestyle brand Brit Chicks, preschool series "Fluffy Gardens" and live-action comedy series "Emu."
"Target's refinancing process has been a tough and lengthy one, however the superb outcome of achieving such strong financial backers for the business in Mark Webster [chairman and chief executive officer of Metrodome] and Metrodome makes it more than worthwhile for the company's client base and staff," says Allison Rayson, founder of Target Entertainment. "Target's consolidation into the Metrodome group will provide the company with
Rayson will continue as chief executive officer and has joined the Metrodome board. Target's drama production arm Greenlit is not part of the acquisition.
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