Multiple cracking of a thin platinum film deposited on polyethylene terephtalate, isoprene rubber, and natural rubber substrates under tensile deformation was studied by light and scanning electron microscopy. The cover fractures on several fragments elongated in the direction perpendicular to the loading direction. The width of the fractured platinum fragments depends on the thickness of the deposited layer and applied tensile stress. A semiempirical equation describing the average width of the cover fragments was obtained. Appearance of a wavy pattern on an originally smooth surface of composites with rubberlike polymer substrate was observed. The mechanism of the appearance of the surface wave is a mechanical buckling instability of the cover under compressive force.