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Village Roadshow

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movies1 month ago•15 min saved

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.

via Gizmodo|

#arbitration #hbo-max #matrix-resurrections

business1 month ago•16 min saved

Village Roadshow Exits Matrix Financing, $57M Payout Lands at Warner Bros

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.

via Deadline|

#business #financing #matrix-resurrections

film1 year ago•2 min saved

WGA Targets Village Roadshow Over Payment Delays Amid Survival Concerns

Village Roadshow Entertainment Group (VREG) is facing financial difficulties, leading to late payments to union writers and potential sanctions from the Writers Guild of America. The company, majority-owned by Vine Alternative Investments, is dealing with liquidity issues exacerbated by the 2023 Hollywood labor strikes. Despite recent asset sales and ongoing legal disputes with Warner Bros., VREG's future remains uncertain, with discussions of potential acquisition and internal restructuring underway.

via Variety|

#film #hollywood #village-roadshow

entertainment2 years ago•5 min saved

"Timothée Chalamet's 'Wonka' Delights in Sweet Prequel Adventure"

Warner Bros/Village Roadshow/Heyday Films' "Wonka" has had a successful international box office opening, earning $43.2 million in 37 markets. The film, starring Timothée Chalamet, ranked No. 1 in 32 markets and exceeded pre-weekend projections. It performed particularly well in Latin America and Europe, surpassing previous film comparisons. Meanwhile, Universal/Illumination's "Migration" also had a solid start, grossing $6.5 million in its initial markets.

via Deadline|

#entertainment #international-box-office #timothee-chalamet