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‘Matrix,’ ‘Ocean’s Eleven’ producer files for bankruptcy, blames streaming
KTLA ^ | 03/17/2025 | Cameron Kiszla

Posted on 03/17/2025 3:29:56 PM PDT by BenLurkin

Village Roadshow “blamed its ongoing legal battle with longtime partner Warner Bros. for its collapse,” though it also admitted that “its ambitious push into producing independent films and television programs before the pandemic was unprofitable, exacerbating its financial woes,” the Times reports.

At issue is what some companies claim is the wrongful practice of streaming companies putting big-budget movies on their platforms without giving them a full theatrical release.

Village Roadshow’s newest “Matrix” film underperformed at the box office, which the company blames on Max’s strategy of simultaneously putting the movie out on streaming, according to the Hollywood Reporter.

(Excerpt) Read more at ktla.com ...


TOPICS: TV/Movies
KEYWORDS:

1 posted on 03/17/2025 3:29:56 PM PDT by BenLurkin
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To: BenLurkin

I watched the matrix years ago, and I didn’t understand the movie.


2 posted on 03/17/2025 3:30:40 PM PDT by roving (Deplorable MAGA Garbage )
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To: roving

t was the Matrix 4 that hit his bottom line, it was hot garbage, literally I have presumed it liberal fan fiction and not part of canon.


3 posted on 03/17/2025 3:35:35 PM PDT by Skwor
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To: roving

The first hour of the first Matrix movie was good.

It was all downhill from there.


4 posted on 03/17/2025 3:36:38 PM PDT by cgbg (It was not us. It was them--all along.)
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To: BenLurkin

The new Matrix movie was crap. That’s why it bombed. I’ll never get that couple of hours back. Maybe I could file a claim at my fair market billing rate ($500/hr)?


5 posted on 03/17/2025 3:43:38 PM PDT by 6ppc (During times of universal deceit, telling the truth becomes a revolutionary act -George Orwell)
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To: BenLurkin

The last couple matrix movies were total garbage. Especially the last one. And Oceans 11 was a bad remake of a dull movie that was 50 years old. Maybe make some good movies.


6 posted on 03/17/2025 3:46:13 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: BenLurkin

Lewis and Gilbert Matrix nerds are worse than Star Wars nerds.
Wife: “If I died, would you get married again?”
Mathematician: “No.”
Wife: “Why not? Don’t you like being married?”
Mathematician: “Of course, I do.”
Wife: “Then why wouldn’t you remarry?”
Mathematician: “Fine, I’ll remarry.”
Wife: “You would?”
Mathematician: (groan)
Wife: “Would you live in our house, too?”
Mathematician: “Sure, it’s a great house.”
Wife: “Would you sleep with her in our bed?”
Mathematician: “Where else would we sleep?”
Wife: “Would you let her drive my car?”
Mathematician: “Probably. It’s brand new.”
Wife: “And would you let her use my golf clubs?”
Mathematician: “No, she’s left-handed…”


7 posted on 03/17/2025 4:02:10 PM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: 6ppc

I’ve never seen any of these movies, so can’t comment on that. But, if these latest movies were really bad, does it make a difference if it’s released to streaming, vs.in a movie theater? They would still do badly at the box office, wouldn’t they?


8 posted on 03/17/2025 4:27:38 PM PDT by Dilbert San Diego
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To: BenLurkin
Blames streaming

In the military, in business, in sports etc, it is adapt, or die.

9 posted on 03/17/2025 4:38:55 PM PDT by Ronaldus Magnus III (Do, or do not, there is no try)
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To: BenLurkin

I don’t go to public theaters anymore.
My home video and sound system beats
Every theater I’ve ever been in plus I can drink beer
and not miss a scene.
I just wait and buy/rent my entertainment.
Plus my popcorn is freshly made to suit my taste.
BTW I’m not a rich guy by any measure!


10 posted on 03/17/2025 4:45:11 PM PDT by rellic (No such thing as a moderate Moslem or Democrat )
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To: BenLurkin

The question of putting a film on streaming has been contentious. Several pandemic era films went to streaming, costing actors and producers who had “box office gross money deals” a lot of cash. Scarlet Johannsen sued Disney, they paid her $20 million to settle it.

I would think that, after these experiences, they would have adjusted their agreements to include more cash for the streaming rights, or just a bigger upfront fee and less back-end money.


11 posted on 03/17/2025 5:00:05 PM PDT by monkeyshine (live and let live is dead)
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To: rellic

Every theater I’ve ever been in plus I can drink beer
and not miss a scene.
= = =

Don’t you need bathroom breaks?


12 posted on 03/17/2025 5:03:33 PM PDT by Scrambler Bob (Running Rampant, and not endorsing nonsense; My pronoun is EXIT. And I am generally full of /S)
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To: 6ppc

Class action suit where there is a billion dollar settlement and the lawyers get a huge cut where the “claimants” get $5.00 a piece.


13 posted on 03/17/2025 6:53:34 PM PDT by Republican Wildcat
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To: Scrambler Bob

I have not been in a public
theater since the first Star wars.
Perhaps things have changed.


14 posted on 03/17/2025 7:54:18 PM PDT by rellic (No such thing as a moderate Moslem or Democrat )
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To: roving

The first one was interesting, not great, but interesting. After that, they all got progressively worse.

The second one had lots of action, but did not go anywhere. The third one was so bad, I couldn’t believe it was made.

I didn’t even bother with this recent abortion of a movie...


15 posted on 03/18/2025 11:31:07 AM PDT by packrat35 (Pureblood! No clot shot for me!)
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