The post Village Roadshow Files for Chapter 11 Bankruptcy appeared first on TheWrap.

Village Roadshow has had a difficult few months leading to Monday’s bankruptcy filing. CEO Steve Mosko stepped down earlier this year, and multiple rounds of layoffs have left only a skeleton staff.

Village Roadshow Entertainment Group ... forcing it to file for bankruptcy. It said it has a so-called stalking horse bid of $365 million for its library and a DIP (debtor-in-possession) facility ...

This is a summary of a request from Village Roadshow Entertainment Group to hire Sheppard Mullin Richter & Hampton as counsel, filed March 31 with the U.S. Bankruptcy Court in Delaware.

Village Roadshow entered bankruptcy with $393 million in secured debt. The company's film library, which generates $50 million in annual revenue, is its most valuable asset in bankruptcy.

Don't miss out on the headlines from Gold Coast. Followed categories will be added to My News. Court records show 34 companies related to Los Angeles-based Village Roadshow Entertainment have ...

Village Roadshow Entertainment Group has filed for Chapter 11 bankruptcy protection. In the filing, Village Roadshow framed its ongoing arbitration dispute with Warner Bros. over The Matrix ...