Village Roadshow Files Bankruptcy
This is a US news story, published by BBC, that relates primarily to Roadshow Entertainment Group news.
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Matrix film producer filesBBC
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Entertainment
The Matrix film producer files for bankruptcy
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Village Roadshow Entertainment Group has filed for bankruptcy protection in the US .
The company's debts are estimated to be between $500 m and $ 1bn , according to court documents.
The firm is proposing to sell its extensive film library for $365m ( 281 m) The firm blamed its financial troubles on a legal battle with former partner Warner Bros.
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