EXHIBIT 11 METROMEDIA INTERNATIONAL GROUP, INC. COMPUTATION OF EARNINGS PER SHARE THREE MONTHS ENDED MARCH 31, 2000 AND 1999 (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) 2000 1999 -------- -------- Loss per common share--Basic (A): Net loss.................................................. $(16,531) $(11,270) Cumulative convertible preferred stock dividend requirement............................................. (3,752) (3,752) -------- -------- Net loss attributable to common stock shareholders........ $(20,283) $(15,022) ======== ======== Weighted average common stock shares outstanding during the period.................................................... 93,807 69,123 ======== ======== Loss per common share--Basic: Net loss attributable to common stock shareholders........ $ (0.22) $ (0.22) ======== ======== - ------------------------ (A) In calculating diluted earnings per share, no potential shares of common stock are to be included in the computation of diluted earnings per share when a loss from continuing operations available to common stockholders exists. For the three months ended March 31, 2000 and 1999, the Company had a loss from continuing operations.