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Vine Alternative's CEO James Moore on Village Roadshow's Bankruptcy, the Legal Fight With Warner Bros., and What's Next for the Company Behind "The Matrix' (EXCLUSIVE)

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. for-the-company-behind-the-matrix-exclusive.html
  Print publication without navigation Published in Business and Finance on by Variety
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
While the fate of Village Roadshow, the prominent producer and financier of films such as "The Matrix" and "Joker" which filed for Chapter 11 in the U.S. earlier this week, is up in the air, Vine Alternative Investments,
James Moore, CEO of Alternative, a company that acquired the assets of Village Roadshow Entertainment Group (VREG) after its bankruptcy, discussed the challenges and future plans in an exclusive interview. VREG, known for producing films like "The Matrix" and "Joker," faced financial difficulties leading to its bankruptcy filing in August 2023. Moore highlighted the ongoing legal battle with Warner Bros. over profit participation, which has been a significant issue for VREG. Despite these challenges, Alternative is focusing on revitalizing the company by leveraging its library of over 300 films and exploring new production opportunities. Moore expressed optimism about the future, emphasizing the potential for growth and the importance of maintaining strong relationships with talent and partners in the industry.

Read the Full Variety Article at:
[ https://www.msn.com/en-us/entertainment/movies/vine-alternative-s-ceo-james-moore-on-village-roadshow-s-bankruptcy-the-legal-fight-with-warner-bros-and-what-s-next-for-the-company-behind-the-matrix-exclusive/ar-AA1BoLlR ]