The Masters of Cinema organization began as a website dedicated to the most well-regarded film directors in the world. Founded by a diverse international group of like-minded film enthusiasts: Jan Bielawski, a mathematician; Doug Cummings, a graphic artist and freelance critic; Trond Trondsen, a Ph.D. of Space Physics and president of Keo Scientific Ltd.; and Nick Wrigley, a musician and filmmaker. The founders of the group began to bring their individual Websites on the film directors Yasujirō Ozu, Andrei Tarkovsky, Carl Theodor Dreyer and Robert Bresson under the heading of Masters of Cinema in 2001 and officially combined them and created the primary Masters of Cinema page in 2003. R. Dixon Smith, a film historian and documentary filmmaker, joined the group at this time. The website was a resource of news, articles, and links about these directors and their works.
In late 2008, Masters of Cinema was sold to Eureka Entertainment Ltd. The Masters of Cinema Series is now a wholly owned label of Eureka Entertainment Ltd, London. Since then, the MoC production team have remained in place; following the departure of Nick Wrigley in early 2012, the remainder of the original team continues to produce the releases. The MoC team presently consists of Craig Keller, Jon Robertson, and Andrew Utterson.