‘Blade Runner 2049’ Coproducer Alcon Wins Bid For Village Roadshow’s Film Library

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As a movie enthusiast, I can’t help but share the exciting news that Alcon Media Group, one of the producers behind Blade Runner 2049, has just acquired Village Roadshow Entertainment Group’s extensive film library for a staggering sum of $417.5 million! This is a significant move in the world of cinema, and I can’t wait to see how these iconic films will continue to captivate audiences.

The agreement encompasses a catalog of 108 movies from Village Roadshow, which includes shares in the Matrix and Ocean’s series, as well as Mad Max: Fury Road and Joker. This collection brings in approximately $50 million per year, as stated in court records.

Previously this year, the entertainment company Village Roadshow, known as one of the busiest backstage financiers in Hollywood, applied for Chapter 11 bankruptcy protection. This was due to a high-cost project focused on producing content internally and the deterioration of its longstanding partnership with Warner Bros.

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Earlier this year, Village Roadshow, once a key player as one of Hollywood’s most active behind-the-scenes financiers, sought Chapter 11 bankruptcy protection. This move was triggered by the high expenses associated with an internal content production project and the breakdown of its longtime partnership with Warner Bros.

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This year, Village Roadshow, a significant player in Hollywood’s financial scene behind the curtains, requested Chapter 11 bankruptcy protection. The trigger was a costly venture for creating content in-house and the collapse of its long-standing collaboration with Warner Bros.

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In 2021, Village Roadshow, a prominent backstage financier in Hollywood, sought Chapter 11 bankruptcy protection due to an expensive internal content production project and the dissolution of its partnership with Warner Bros., which had been longstanding.

The key is to rephrase the original sentence while maintaining the same meaning, using varied sentence structures and vocabulary for easy reading.

Following the submission of the filing, an auction ensued with the aim of realizing the highest possible value for Village Roadshow’s possessions. Alcon Entertainment successfully outbid Content Partners, who had proposed a bid of $365 million. One of the unresolved matters is whether a separation fee will be required to be paid.

Buying this property makes Alcon a proprietor of one of the biggest individual film libraries in the industry, encompassing movies like “Blade Runner 2049,” “The Blind Side,” and “Prisoners.

Broderick Johnson and Andrew Kosove, co-CEOs of AMG and its film production and financing group Alcon Entertainment, expressed their satisfaction about acquiring Village Roadshow’s collection of major studio distributed feature films. These films complement Alcon’s current library well. They also mentioned that they will remain open to seizing future opportunities when more appealing assets appear in the market.

The sale encompasses a roster of potential films and TV shows, but there are doubts about the worthiness of the company’s production studio. Since 2018, they have been developing 99 feature films and 233 TV series. Out of these, only 6 movies and 7 TV shows actually entered production with a combined budget of $47.5 million, yet none of them managed to make a profit, suggesting that the internal content creation project may not be financially viable in its current state.

It seems that the sale at hand is unlikely to encompass the right to create derivatives for the intellectual property owned by Village Roadshow. Instead, a different auction event is planned for these particular rights.

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2025-06-18 20:54