April 2, 2013 |
Village Roadshow Pictures Asia released its first Chinese-language film with no certainty the modestly budgeted movie would succeed with audiences in the world's most populous country. But "Journey to the West: Conquering the Demons," a comedic take on a well-known 16th century Chinese fantasy novel, had a February opening-week gross of $93.5 million - the biggest ever in China. It already has made $200.5 million, and it could go on to gross more at China's box office than any other Chinese-made film in history.
November 27, 2012 |
After the coffee. Before auditioning for "Two and a Half Men. " The Skinny: Isn't the week after Thanksgiving the most depressing of the year? You had this great short week and now this week will feel like two. That's weak! Tuesday's headlines include a look at why "The Hobbit" will look different from any movie you've seen before; Warner Bros. renews with Village Roadshow; and "Two and a Half Men" co-star Angus Jones would like a new gig. Daily Dose: Lifetime's "Liz and Dick" movie starring Lindsay Lohan drew 3.5 million viewers in its Sunday premiere.
November 26, 2012 |
Warner Bros. has extended a deal with its longtime partner Village Roadshow Pictures, which has secured debt financing of more than $1.1 billion to invest in upcoming movies like "The Great Gatsby," "Lego," and "Mad Max: Fury Road. " The agreement is a critical one for the Burbank studio, as Village Roadshow is one of two companies that put up half the budgets for most of Warner Bros.' productions. Village, which has worked with Warner since 1997, will continue to do so through the end of 2017 under the new deal.
June 29, 2012 |
Warner Bros. is poised to extend its partnership with one of its two main co-financiers, while the fate of the studio's ongoing relationship with its other key investor remains uncertain. Village Roadshow Entertainment, which put up half the money for such franchises as "Sherlock Holmes," "Happy Feet" and "The Matrix," has raised $380 million in new equity. The funds put the Australian company on stronger financial footing and will allow its Hollywood unit, Village Roadshow Pictures, to begin talks to renew its longtime deal with Warner.
June 28, 2012 |
This post has been corrected. See below for details. Village Roadshow Entertainment, the production and finance company behind such film franchises as "Sherlock Holmes"and "Happy Feet," has raised $380 million in new capital. The money will allow the production outfit to expand the number of movies it makes with longtime studio partner Warner Bros.as well as grow a new China-based venture. The equity, which comes from investment firm Trinity Opportunities Limited and was arranged with Hong Kong's Shikumen Capital Management, will give Village Roadshow the ability to access more of a $1-billion debt facility that it set up last year.
May 14, 2012 |
Even an A-list star like Johnny Depp was no match for"The Avengers" at the box office this past weekend, as the superhero adventure dominated ticket sales yet again and flew past $1 billion worldwide. After its $207.4-million debut broke the record for the biggest opening - not adjusting for inflation - "The Avengers" raked in an additional $103.2 million in its second weekend of domestic release, according to an estimate from distributor Walt Disney Pictures. The film featuring Marvel comic book characters such as the Hulk, Iron Man and Thor sucked the life out"Dark Shadows," leaving Depp's vampire comedy looking pallid with a lackluster $28.8-million start.