{"id":3818,"date":"2012-02-28T00:00:00","date_gmt":"2012-02-28T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/2012\/02\/28\/target-entertainment-goes-into-administration\/"},"modified":"2012-02-28T00:00:00","modified_gmt":"2012-02-28T00:00:00","slug":"target-entertainment-goes-into-administration","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2012\/02\/28\/target-entertainment-goes-into-administration\/","title":{"rendered":"Target Entertainment Goes into Administration"},"content":{"rendered":"<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">LONDON: Target Entertainment has been placed into administration by its parent company, the Metrodome Group, which says it &quot;can no longer continue to provide support to its loss-making subsidiary.&quot; <br \/>\n<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">&quot;Given the tougher than expected trading conditions for Target&#8230;the board believes there is little prospect of Target returning to profitability in the near future and, together with its advisers, has conducted a thorough review of the available options for Target,&quot; read a statement from Metrodome. &quot;As a consequence, the Target business has been placed into administration and BDO appointed as Administrators of Target,&quot; effective from today.<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">Metrodome Distribution and Hollywood Classics are unaffected by the move and continue to trade as normal.  Metrodome acquired Target just 18 months ago, and put the company up for sale about two weeks ago. <\/p>\n<p><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Target Entertainment has been placed into administration by its parent company, the Metrodome Group, which says it &quot;can no longer continue to provide support to its loss-making subsidiary.&quot; &quot;Given the tougher than expected trading conditions for Target&#8230;the board believes there is little prospect of Target returning to profitability in the near future and, together &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-3818","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Target Entertainment Goes into Administration<\/title>\n<meta name=\"description\" content=\"Target Entertainment Goes into Administration . LONDON, February 28: Target Entertainment has been placed into administration by its parent company, the Metrodome Group, which says it &quot;can no longer continue to provide support to its loss-making subsidiary.&quot; . Author - Kristin Brzoznowski\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tveurope\/2012\/02\/28\/target-entertainment-goes-into-administration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Target Entertainment Goes into Administration\" \/>\n<meta property=\"og:description\" content=\"Target Entertainment Goes into Administration . 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