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Innerworld@lemmy.worldM to Litigation Settlements@lemmy.worldEnglish · 1 month ago

Village Roadshow has agreed to pay Warner Bros. $57 million to resolve its liability in an arbitration over financing on Matrix Resurrections

www.hollywoodreporter.com

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Village Roadshow has agreed to pay Warner Bros. $57 million to resolve its liability in an arbitration over financing on Matrix Resurrections

www.hollywoodreporter.com

Innerworld@lemmy.worldM to Litigation Settlements@lemmy.worldEnglish · 1 month ago
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Warner Bros. Reaches $57 Million Deal With Village Roadshow Over ‘Matrix Resurrections’ Legal Battle
www.hollywoodreporter.com
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The studio was owed more than $125 million after an arbitrator found that the financier breached the co-ownership and distribution agreements. The judgment was among the reasons why Village Roadshow was forced into bankruptcy.
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Agreements between parties in a legal dispute that have resolved the case without going to trial.

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