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Village Roadshow Entertainment files for bankruptcy after losing $18M in legal fees over "The Matrix Resurrections" dispute.
Village Roadshow Entertainment Group, known for producing films like "The Matrix" and "Joker," has filed for Chapter 11 bankruptcy.
The financial troubles stem from a legal dispute with Warner Bros. over the simultaneous theatrical and streaming release of "The Matrix Resurrections."
The company has lost over $18 million in legal fees and faced difficulties in finding buyers due to the ongoing arbitration.
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Village Roadshow Entertainment se declara en quiebra después de perder $18 millones en honorarios legales por la disputa de "The Matrix Resurrecciones".