8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Sections 13 or 15(d) of the
                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported): May 30, 2007


                      METROMEDIA INTERNATIONAL GROUP, INC.
             (Exact name of registrant as specified in its charter)


          Delaware                       1-5706                  58-0971455
(State or other jurisdiction    (Commission File Number)      (I.R.S. Employer
      of incorporation)                                      Identification No.)


         8000 Tower Point Drive
              Charlotte, NC                                          28227
(Address of principal executive offices)                           (Zip Code)


       Registrant's telephone number, including area code: (704) 321-7380

                                 Not Applicable
             (Former name or address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the obligation of the registrant under any of the
following provisions:

[ ] Written communication pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
    CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))




Item 8.01 Other Events.

On May 30, 2007, Metromedia International Group, Inc. (the "Company"),  owner of
interests  in  communications  businesses  in the country of Georgia,  announced
that:

1) Magticom,  Limited, the leading provider of mobile communications services in
the country of Georgia,  in which the Company  owns a 50.1%  interest,  issued a
dividend  in the amount of $40  million  net of  Georgian  dividend  withholding
taxes. Of this amount,  the Company  received  $20.04 million,  with the balance
distributed to holders of the minority interests in Magticom.

2) The Company also purchased the remaining 74.4% ownership interests in each of
the Georgian  communications  companies Telecom Georgia and Telenet not owned by
the Company,  for a combined cash price of approximately $12.64 million. Of this
combined cash purchase price,  the Company paid its (a) minority  partner George
Jokhtaberidze  $5.14 million for his  interests in these  ventures and (b) other
minority partners, Strickland Investments Inc. and Great Bay Investments,  Ltd.,
$7.5 million for their  respective  interests in  connection  with such minority
partners'  exercise of a put option at that price.  Prior to this purchase,  the
Company  owned  a  25.6%  interest  in  each of  these  Georgian  companies.  In
consequence of these purchases,  the Company is now the sole owner of all of the
ownership interests in each of Telecom Georgia and Telenet.

Telecom Georgia is a leading provider of  international  long distance and local
operator  interconnection services in Georgia. Telenet is a provider of internet
access and related data communications services in Georgia and holds licenses to
operate  450 MHz  wireless  telephony  services  and 3.5 GHz  wireless  services
suitable  for  deployment  of  WiMax  internet  access  and  data  communication
services.  Further information about Telecom Georgia and Telenet can be found in
the Company's  annual report on Form 10-K for the fiscal year ended December 31,
2004, as filed with the United States Securities and Exchange Commission.

Following  issuance  of the  aforementioned  dividend  and  consummation  of the
aforementioned  purchases, the Company's unrestricted corporate cash balance was
approximately $11.8 million and Magticom's unrestricted cash balance, in various
currencies, was approximately $5.3 million (at current exchange rates).

The press release  announcing this matter is attached hereto as Exhibit 99.1 and
is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

          Exhibit 99.1 Press Release of Metromedia International Group, Inc.
                       dated May 30, 2007




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                            METROMEDIA INTERNATIONAL GROUP, INC.
                                            (Registrant)


                                            By: /s/ Harold F. Pyle, III
                                                --------------------------------
                                                Name:  Harold F. Pyle, III
                                                Title: Vice President Finance,
                                                       Chief Financial Officer
                                                       and Treasurer
Date: May 30, 2007
Charlotte, NC

EX-99.1

                                                                    Exhibit 99.1

      Metromedia International Group, Inc Announces Magticom Dividend and
          Acquisition of Minority Interests in Other Georgian Holdings

     CHARLOTTE, N.C.--(BUSINESS WIRE)--May 30, 2007--Metromedia International
Group, Inc. (the "Company") (currently traded as: PINK SHEETS: MTRM - Common
Stock, and PINK SHEETS: MTRMP - Preferred Stock), the owner of interest in
communications businesses in the country of Georgia, today announced:

     1) Magticom, Limited, the leading provider of mobile communications
services in the country of Georgia, in which the Company owns a 50.1% interest,
issued a dividend in the amount of $40 million net of Georgian dividend
withholding taxes. Of this amount, the Company received $20.04 million, with the
balance distributed to holders of the minority interests in Magticom.

     2) The Company also purchased the remaining 74.4% ownership interests in
each of the Georgian communications companies Telecom Georgia and Telenet not
owned by the Company, for a combined cash price of approximately $12.64 million.
Of this combined cash purchase price, the Company paid its (a) minority partner
George Jokhtaberidze $5.14 million for his interests in these ventures and (b)
other minority partners, Strickland Investments Inc. and Great Bay Investments,
Ltd., $7.5 million for their respective interests in connection with such
minority partners' exercise of a put option at that price. Prior to this
purchase, the Company owned a 25.6% interest in each of these Georgian
companies. In consequence of these purchases, the Company is now the sole owner
of all of the ownership interests in each of Telecom Georgia and Telenet.

     Telecom Georgia is a leading provider of international long distance and
local operator interconnection services in Georgia. Telenet is a provider of
internet access and related data communications services in Georgia and holds
licenses to operate 450 MHz wireless telephony services and 3.5 GHz wireless
services suitable for deployment of WiMax internet access and data communication
services. Further information about Telecom Georgia and Telenet can be found in
the Company's annual report on Form 10-K for the fiscal year ended December 31,
2004, as filed with the United States Securities and Exchange Commission.

     Following issuance of the aforementioned dividend and consummation of the
aforementioned purchases, the Company's unrestricted corporate cash balance was
approximately $11.8 million and Magticom's unrestricted cash balance, in various
currencies, was approximately $5.3 million (at current exchange rates).

     About Metromedia International Group

     Through its wholly owned subsidiaries, the Company owns interests in
communications businesses in the country of Georgia. The Company's core
businesses include Magticom, Ltd., the leading mobile telephony operator in
Tbilisi, Georgia, Telecom Georgia, a well-positioned Georgian long distance
telephony operator, and Telenet, a Georgian company providing internet access,
data communications, voice telephony and international access services.

     This news release contains certain forward-looking statements made as of
the date hereof based only on current information and expectations that are
inherently subject to change and involve a number of risks and uncertainties,
including in particular those regarding the timing of completing and filing with
the SEC its outstanding Quarterly Reports on Form 10-Q for the fiscal periods
ended March 31, June 30 and September 30, 2005 and 2006 and its outstanding
Annual Reports on Form 10-K for the fiscal years ended December 31, 2005 and
2006. Various factors beyond the Company's control could cause or contribute to
such risks and uncertainties. This also includes such factors as are described
from time to time in the SEC reports filed by the Company, including the Current
Annual Report on Form 10-K for the year ended December 31, 2004, and its most
recently filed Form 8-K reports (dated January 6, 2005, February 9, 2005,
February 17, 2005, March 9, 2005, March 23, 2005, April 19, 2005, April 20,
2005, June 7, 2005, June 17, 2005, July 12, 2005, July 18, 2005, July 25, 2005,
July 28, 2005, August 3, 2005, August 10, 2005, September 8, 2005, September 19,
2005, January 31, 2006, March 8, 2006, March 15, 2006, March 17, 2006, May 11,
2006, May 18, 2006, June 26, 2006, July 14, 2006, August 8, 2006, August 15,
2006, August 22, 2006, September 27, 2006, October 2, 2006, October 10, 2006,
October 24, 2006, October 25, 2006, October 30, 2006, November 16, 2006,
November 17, 2006, November 20, 2006, November 30, 2006, December 5, 2006,
December 13, 2006, December 15, 2006, December 18, 2006, March 1, 2007, April
26, 2007, May 1, 2007 and May 25, 2007). The Company is not under, and expressly
disclaims any, obligation to update the information in this news release for any
future events

     Please visit our website at www.metromedia-group.com.


     CONTACT: Metromedia International Group, Inc.
              Ernie Pyle
              Executive Vice President Finance, Chief Financial Officer
              and Treasurer
              704-321-7383
              investorrelations@mmgroup.com