Village Roadshow, iconic film company behind The Matrix, Joker and PVR cinemas, goes bankrupt amid suit with Warner Bros | Hollywood
Village Roadshow, the production house that gave The Matrix films and was one of the partners behind the multiplex boom in India, has filed for bankruptcy in the US amid a long-drawn legal battle with Warner Bros Discovery Inc. (Also read: The Matrix turns 25: Keanu Reeves’ seminal film is that rare sci-fi movie where nothing is dumbed down) The Matrix was one of the biggest hits from Village Roadshow Pictures. Village Roadshow files for bankruptcy Village Roadshow Entertainment Group, which produced franchises like the Matrix and Ocean’s 11, sought bankruptcy protection in Delaware on Monday with $223.8 million in asset-backed secured notes and $163.1 million of senior secured debt, according to court documents. The company, based in both the US and Australia, had struggled to bounce back from the pandemic slump and the 2023 Hollywood writers’ strike, which delayed film productions. Its liquidity problems, however, stemmed largely from an ongoing arbitration with long-standing partner Warner. In 2022, Village Roadshow Entertainment filed an arbitration over the release of The Matrix Resurrections, the latest chapter of …




