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Village Roadshow Australia “Not Impacted” By US Bankruptcy Filing
Village Roadshow Entertainment Group filed for bankruptcy yesterday.
Further, Village Roadshow Group’s nearly 50-year relationship with Warner Bros remains as strong as ever and is not impacted,” the company said in their statement. The statement adds that Village Roadshow Group has had no strategic, operational control, management oversight, or financial stake in VREG and holds 3% of the company. Village Roadshow Group said all it’s “businesses continue to be market leaders in their sectors and highly profitable.”
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