Village Roadshow Entertainment is suing Warner Bros. for violating their contract by releasing The Matrix Resurrections on streaming. Village Roadshow Pictures, a subsidiary of Village Roadshow Entertainment, is an Australian-based production company that has had a long history working with Warner Bros. and has worked on many of the studio's biggest films including American Sniper, Joker, and The Matrix series. The studio's latest film, The Matrix Resurrections, was the long-awaited sequel to The Matrix trilogy that brought back director and writer Lana Wachowski and stars Keanu Reeves and Carrie-Anne Moss.
The Matrix Resurrections was released in theaters and on HBO Max on December 22, 2021, and received mixed reviews from audiences and critics. The film underperformed at the box office as it grossed $37 million domestically and $153 million worldwide, making it the lowest-grossing film in The Matrix franchise. It did score the fourth-best weekend on HBO Max of the studio's 2021 releases, coming in behind Mortal Kombat, Godzilla vs. Kong, and The Suicide Squad, so it is likely the decision did impact the films box office and now Village Roadshow is taking action.
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According to The Wall Street Journal, Village Roadshow has filed a lawsuit in the Los Angeles Superior Court against Warner Bros. for releasing The Matrix Resurrections on HBO Max and in theaters at the same time, violating the terms of the contract. The suit claims that the box office was cannibalized and also made the film a victim of piracy, and claim Warner Bros. knew this would happen. In the lawsuit, the studio also alleges that Warner Bros. is attempting to cut the company out of
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