Scandinavian film giant Sandrew Metronome is pulling out of production after 70 years, during which time it made such pics as Ingmar Bergman’s “Fanny and Alexander” and Alf Sjoberg’s Cannes Palme d’Or winner “Miss Julie.”
The company may still co-produce, but it will no longer greenlight projects. It will now focus on distribution.
“It’s becoming harder to make the production of Swedish features profitable,” said Sandrew Metronome CEO Birgitta Holmar. “We have only made four pics in five years. To be profitable, you have to work on a larger scale.”
This year Sandrew Metronome has produced “All About My Bush” and “Sun Storm,” both produced by Lena Rehnberg.
“Ever since Sandrew Metronome was bought by (Norwegian media conglom) Schibsted 18 months ago, it has become evident that they don’t want to be involved in film production,” she said. “It is very sad, considering the legacy.”
Rehnberg had been in talks to produce a sequel to “Sun Storm.” She will take that project elsewhere.