"The Matrix" co-producer Village Roadshow considering strategic options - WSJ - News Summed Up

"The Matrix" co-producer Village Roadshow considering strategic options - WSJ


Jan 14 (Reuters) - Village Roadshow Entertainment Group, which has co-produced 'Joker' and 'The Matrix', is considering taking on an investor or selling itself, the Wall Street Journal reported https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fvillage-roadshow-producer-on-movies-including-joker-and-the-matrix-explores-strategic-options-11642182117%3Fmod%3Dlatest_headlines&data=04%7C01%7CAkash.Sriram%40thomsonreuters.com%7C5e96e49d62264e0f8b6808d9d78694f6%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C637777795384412428%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&sdata=PSBcoukgoqc6X1GealMX6iRIpnnDBHK%2BG3TJwO1Kk64%3D&reserved=0 on Friday, citing sources familiar with the matter. Village Roadshow's controlling shareholder, Vine Alternative Investments, has tapped PJT Partners Inc and held talks with potential buyers, the report said, adding that the process may not result in a deal. The publication earlier reported https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fron-howard-and-brian-grazers-imagine-entertainment-in-talks-to-sell-majority-stake-to-investment-firm-centricus-11642175909%3Fmod%3Dlatest_headlines&data=04%7C01%7CNivedita.Balu%40thomsonreuters.com%7Cc6a4354e2b9a48d4b82708d9d777bf61%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C637777731780992191%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&sdata=x%2BesiP6n3SA39%2BP5dtkK8ig2jn3SJER%2FbcBDFp5DksU%3D&reserved=0 that Ron Howard and Brian Grazer-founded company Imagine Entertainment is in talks to sell a majority stake to Centricus, an investment firm. Village Roadshow, Imagine Entertainment and Centricus did not immediately respond to Reuters requests for comment. (Reporting by Akash Sriram in Bengaluru; Editing by Shailesh Kuber)


Source: Wall Street Journal January 15, 2022 07:17 UTC



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