Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Cadence Investment Management, LLC
 2. Date of Event Requiring Statement (Month/Day/Year)
10/05/2006		 3. Issuer Name and Ticker or Trading Symbol
METROMEDIA INTERNATIONAL GROUP INC [MTRM]
(Last)
(First)
(Middle)
800 THIRD AVENUE, 10TH FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
See Remarks Section
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10022		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2,363,442
I
See (1) (4)
Common Stock 551,031
D (2) (4)
 
Common Stock 155,000
D (3) (4)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cadence Investment Management, LLC
800 THIRD AVENUE, 10TH FLOOR
NEW YORK, NY 10022		     X   See Remarks Section

Signatures

Philip R. Broenniman, Managing Member of Cadence Investment Managment, LLC 10/16/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Cadence Investment Management (as defined below) serves as the investment manager to Cadence Master Ltd. ("Cadence Master") and to separate managed accounts and is deemed to indirectly beneficially own the shares of common stock owned by Cadence Master and the separate accounts it manages. Philip R. Broenniman serves as the managing member of Cadence Investment Management and may be deemed to beneficially own the shares of common stock beneficially owned by Cadence Investment Management.
(2) Cadence Master directly owns 551,031 shares of common stock.
(3) Mr. Broenniman directly owns 155,000 shares of common stock.
(4) Cadence Investment Management, Cadence Master and Mr. Broenniman disclaim any pecuniary interest in the shares of common stock owned by the other Group Members (as defined below).
 
Remarks:
Cadence Investment Management, LLC ("Cadence Investment Management") may be deemed to be a member of a group within the
 meaning of Rule 13d-5 promulgated under the Securities Exchange Act of 1934, as amended, consisting of Mellon HBV
 Alternative Strategies LLC, Esopus Creek Value LP, D. E. Shaw Laminar Portfolios, L.L.C. and the other reporting persons
 (collectively, the "Group Members") identified in the Schedule 13D filed on October 10, 2006 by the Group Members.

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