"The Matrix" producer Village Roadshow files Chapter 11 bankruptcy protection

Showtimes

News

"The Matrix" producer Village Roadshow files Chapter 11 bankruptcy protection

Get all the latest updates right on your phone. Join our Telegram channel.

Writer: Heidi Hsia

"The Matrix" producer files for bankruptcy protection amid Warner Bros legal battle

19 Mar - Entertainment company Village Roadshow Entertainment Group has recently filed for Chapter 11 bankruptcy protection in the US amid long-drawn legal battle with Warner Bros. Discovery.

The production house, known for movies like "The Matrix" and "Joker", has sought bankruptcy protection in Delaware on 17 March with USD 223.8 million in asset-backed secured notes and USD 163.1 million of senior secured debt, according to court documents.

It is noted that the company filed a legal complaint in 2022 against Warner Bros. over the release of "The Matrix Resurrections" on HBO Max streaming platforms, allegedly depriving the company of theatre revenues.

The filing came amid the legal battle with Warner Bros Discovery

The filing came amid the legal battle with Warner Bros Discovery

In addition, the company has been struggling to bounce back from the COVID-19 pandemic as well as the 2023 Hollywood writers' strike.

Village Roadshow Entertainment Group is the holding company of Village Roadshow Pictures and Village Roadshow Television. It is majority owned by private equity company Vine Alternative Investments.

Established in 1997, it has backed more than 100 films including "Sully", "Mad Max: Fury Road", "Happy Feet", the Sherlock Holmes franchise, and many more.

The company has produced many movies including

The company has produced many movies including "Joker"

Cinema Online, 19 March 2025

Related Movies:

The Matrix Resurrections (22 Dec 2021)

Joker (03 Oct 2019)

Dailymotion article page COMY

Check out all the latest movie trailers here.

Related Links:

Warner Bros. sued for "The Matrix Resurrections" hybrid release

Warner Bros. sued for "The Matrix Resurrections" hybrid release
It's another case of a hybrid release ruining relationships

Will Smith finally enters The Matrix, just not how fans expected

Will Smith finally enters The Matrix, just not how fans expected
Twenty-five years later, the actor finally dodges those bullets

Will Smith is not joining the new "Matrix" movie despite cryptic post

Will Smith is not joining the new "Matrix" movie despite cryptic post
The actor recently teased fans with his "the Matrix has you" post on Instagram

Is "Joker" too violent? Warner Bros. responds

Is "Joker" too violent? Warner Bros. responds
The studio releases a statement in reply to a letter from families of gun violence victims

Celebrities have donated millions for actors strike fund

Celebrities have donated millions for actors strike fund
Celeb couple Steven Spielberg and Kate Capshaw recently funded around US$1.5 million

American actors' union and writers' strike pushes back movies releases

American actors' union and writers' strike pushes back movies releases
Movies like "Dune: Part Two" & "Godzilla x Kong: The New Empire" are affected

Films like "Deadpool 3", "Gladiator 2" halted amid SAG-AFTRA strike

Films like "Deadpool 3", "Gladiator 2" halted amid SAG-AFTRA strike
Actors are not allowed to take part in any movie-related activities during the strike

Marvel's "Blade" faces another delay due to writers' strike

Marvel's "Blade" faces another delay due to writers' strike
Marvel Studios has shut down preproduction, rising the movie for another release delay

Latest News:
See All News

Mike Flanagan to adapt Stephen King's "The Mist"

Mike Flanagan to adapt Stephen King's "The Mist"
This will be the third time the novella is being adapted since the movie and the TV series in 2007 and 2017

"The Mummy 4" gets 2028 release date

"The Mummy 4" gets 2028 release date
Brendan Fraser and Rachel Weisz will return as Rick and Evelyn O'Connell

James Van Der Beek passed away at 48

James Van Der Beek passed away at 48
The actor had been battling colorectal cancer for a couple of years

Catherine O'Hara died from pulmonary embolism, says LA DPH

Catherine O'Hara died from pulmonary embolism, says LA DPH
The LA Department of Public Health says rectal cancer was the underlying cause

Eddie Murphy and Eva Longoria reunite in new movie

Eddie Murphy and Eva Longoria reunite in new movie
The two stars to play a psychologist couple dealing with a crime boss' dysfunctional family

Michelle Yeoh to receive a star on the Hollywood Walk of Fame

Michelle Yeoh to receive a star on the Hollywood Walk of Fame
The actress will be the first Malaysian actress to receive such an honour

Showtimes