Matrix Resurrections Settlement: Warner Bros. Net $57 Million in Win Over Village Roadshow

Warner Bros. won a yearslong arbitration with Village Roadshow over The Matrix Resurrections’ dual theatrical/HBO Max release, with Village Roadshow paying WB $57 million in damages after an appeal limited a forced 50% stake purchase; the dispute coincided with Village Roadshow’s Chapter 11 filing in 2025 and its library sale to Alcon. WB also has a Matrix 5 in development with Drew Goddard, though none of the original Wachowskis or cast are currently attached.