Warner Bros. Prevails as Village Roadshow Fight Goes to Arbitration
won a significant victory Friday in its legal battle with its longtime financing partner, Village Roadshow, as a judge agreed to send the dispute to arbitration.Village Roadshow has teamed with the studio on numerous blockbusters over the last 25 years, including “Joker,” the “Ocean’s” series, and “American Sniper.” But the relationship foundered when Warner Bros.
opted to release “The Matrix: Resurrections” simultaneously in theaters and on HBO Max, along with the rest of its 2021 slate.Village Roadshow sued in February, alleging that Warner Bros.
had sabotaged the film’s box office revenue in order to boost the streaming service.
Village Roadshow has also alleged that Warner Bros.
Jordan — without participation from Village Roadshow, in violation of their agreement.
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