Village Roadshow has paid Warner Bros Discovery $57 million to resolve a long-running dispute over the 2021 film The Matrix Resurrections. The settlement ends years of legal battles that began during the COVID-19 pandemic.
The agreement comes after Village Roadshow, which filed for Chapter 11 bankruptcy last year, reached terms with Warner Bros Discovery in Los Angeles Superior Court. Warner Bros had previously secured a $125 million judgment that was later reduced on appeal, with the final amount reframed as damages for unpaid co-financing obligations from the film's production.
