Village Roadshow Exits Matrix Financing, $57M Payout Lands at Warner Bros
TL;DR Summary
Deadline reports Village Roadshow relinquished its Matrix Resurrections stake, leading to a $57 million payout to Warner Bros. Discovery; WB now owns 100% of Matrix Resurrections, VR has no stake, and the arrangement reflects an updated damages-based settlement in the long-running co-financing dispute.
Topics:entertainment#business#financing#matrix-resurrections#settlement#village-roadshow#warner-bros
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