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Zeist Technologies Acquires Metro Interactive
Award-winning studio Metro Interactive has been sold to Zeist Technologies (Z-Tech), an Amsterdam-based adult content provider headed by former Interclimax CEO Ben Jelloun.
Jelloun told AVN the deal has been in the works since this summer. The acquisition includes Metro's operations in Chatsworth, Calif., and worldwide distribution rights to the company's extensive library of adult movies. "I look forward to this tremendous opportunity to maximize Metro?s substantial assets and resources and build on its position in the adult entertainment industry," said Jelloun, the chairman and CEO of Z-Tech. "I am extremely excited about Metro?s future prospects and its growth potential as new media platforms are created." Z-Tech plans to change the company name to Metro Content, LLC to reflect a new business plan emphasizing internet and content sales. The new owners will continue with DVD distribution and video production at Metro 's Chatsworth headquarters. "I am happy to turn over the company to Mr. Jelloun, who I am sure will take Metro to a whole new level," said Metro founder Kenneth Guarino. "The business is changing rapidly, and given the current economic conditions, it requires a global business plan that maximizes ancillary revenues for continued success. Metro has built a very diverse and extensive library over the years and continues to release quality product, and I feel that Jelloun will manage and build on this foundation, maximizing Metro to its true value potential." Jelloun formed Z-Tech this year with a group of foreign investors. He stepped down from his position as CEO of Interclimax at the end of September and will now focus fully on Metro. The new Metro chief brings 12 years of business experience in adult entertainment to the position, specializing in internet traffic generating techniques, internet content sales through affiliates, and brand recognition via the internet. Under Jelloun's leadership, Interclimax grew to become one of the world leaders in adult internet products including live streaming video. "I have lots of new and unique product ideas for Metro and because of Metro?s foothold in the marketplace, I will be able to hit the ground running," said Jelloun. "The transition should be seamless. All employees and management will stay in place, and our sales department will continue to be led by Russell Pascale, whose 20 years in sales will be key to Metro?s future growth.? Metro's library encompasses a variety of acclaimed adult video lines including Cal Vista, Video Team, Fusxion, Loaded Digital, and Toxxxic. The studio recently launched a gay line, Badlands Pictures. |
Congrats Ben, drop me a line when you have a minute
roald @t freeones . com Thnx! |
Great work Ben!! Congrats...
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Awesome news
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Congrats on the BIG news Ben! :thumbsup
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Congrats Ben :-)
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great news!
(watch your adultwhoswho PM messages) |
Sweet Congrat Ben and to the people at Metro Interactive.
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Congrats to all parties involved :thumbsup
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I am very happy and excited to hear this news Ben, enjoy your future successes~
Alan |
Cool, man - got your ICQ - definitely call me the moment you are free, brotha!
Congratz again!!!!!!!!!!! :) |
Congrats Ben!!!!
No doubt you'll hit it out of the park! |
Big News indeed... :pimp
Congrats Ben :thumbsup |
Hey great Job Ben hit me up when you get a sec and lets talk.
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Way to go Ben...I want to be just like you when I grow up.
Seriously - I've know you for many years...and I know that you will make this a success. |
Congrats Ben !!!!! :thumbsup
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Hey Ben, I'm going to be in touch in a week or so. Let you get your footing there.
martin @ memberchannels.com :) |
Congratulations!
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Congrats Ben, missed you in Amst :thumbsup
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Congrats Ben :)
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Cheers to your continued success matey!
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congrats, ben! great move
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Congrats on your new endeavour, Ben - I'm sure it will be a great success!
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well it was bound to happen in the porn industry like in any other industry- foreign ownership of Porn Valley
congrats on the acquisition! |
Congrats Ben!
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Congratulations Benny. Huge deal.
All the best in your future endeavors mate. |
Ben, as always doing great deals. I am very excited for you. As "the other well dressed guy in a suit" at every convention I'm glad we have yet more reasons to do business together.
Congrats Ben. |
Congratulations! :)
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that was fast
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Nice move Ben. I wish you great success! looks like a great opportunity with your years of experience in the industry.
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Nice Ben!
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Congrats Ben. Did the sale include Metro's adult stores?
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Wow! Nice move.Congrats to you Ben. :thumbsup
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Congrats Ben ! :thumbsup
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awsome ben!!!
congrats :) |
Congratulations on the big move. :-)
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Big News, congrats brother!
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Awesome to finally announce this brother......
Pool this sunday? |
Congratulations Ben!
I wish you all the best in the new endeavor!:thumbsup
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I personally thank each one of you for the kind words and look forward doing business very soon.
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very cool news, always thought metro could do more with their brand, glad to see someone finally doing it. congrats ben!
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Hello Ben:
Congratulations to you and your team. This is exciting news and I trust the new challenges are certainly welcomed. I appreciate your hard work over the years in working with myself personally and Silvercash.com and looking forward to furthering our relationship with Metro. Please reach out to me (per our email discussions) when you are free and have had a chance to breath during this transition. Again, congratulations and I am personally VERY happy for your recent success. |
congrats ben! :)
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Congrats Ben and Zeist.
Looking forward to seeing you on the Island. |
Congrats Ben!! This is a huge deal, and I know that you'll take Metro to the top the exact same way you did your old company.
Metro has some killer content that the 'net has never seen, I know you'll make everybody see it! |
Congratulations Ben, I hope to talk to you soon!
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Looking forward to our new deals. |
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Metro Rocks... good grab playa :pimp looking forward to growing our biz and friendship more... Z-Tech :thumbsup XonDemand has Metro movies :thumbsup |
Bein is one of the best people I know in the business. congrats, this sounds like a great match up
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