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Village Roadshow Ups Matthew Velkes To COO

By DOMINIC PATTEN | Thursday April 4, 2013 @ 1:25pm PDTTags: Matthew Velkes, Village Roadshow

Village Roadshow Pictures Entertainment today promoted CFO Matthew Velkes to the newly created position of Chief Operating Officer, the company announced. Velkes will report to Bruce Berman, Chairman and CEO of VRPE and Greg Basser, CEO of Village Roadshow Entertainment Group. “We are pleased to recognize Matthew’s enormous contributions to Village Roadshow Pictures by naming him COO. During his six years at the company, Matthew’s work has expanded beyond the financial realm to that of a full-fledged motion picture executive. His extensive relationships in the community will serve the company well as we move forward to develop our next projects,” said the duo in a statement on Thursday. Velkes joined Village Roadshow back in 2006 as CFO. Those came after stints as Senior Vice President, Motion Pictures Finance and Business Development for Twentieth Century Fox and as CFO and later COO of startup independent film company Pandemonium. Before that Velkes had a career in investment banking.

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Village Roadshow Boards The Wachowskis’ ‘Jupiter Ascending’

By THE DEADLINE TEAM | Wednesday February 20, 2013 @ 11:49pm PSTTags: Andy Wachowski, Jupiter Ascending, Lana Wachowski, Village Roadshow, Warner Bros

Don Groves is a Deadline contributor based in Sydney.

Village Roadshow is extending its collaboration with Lana and Andy Wachowski, joining Warner Bros. to co-produce the action sci-fier starring Channing Tatum, Mila Kunis and Sean Bean. That will be VR Entertainment … Read More »

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WB, Disney, MGM, Village Roadshow Near Deal With Foxtel

By THE DEADLINE TEAM | Thursday December 6, 2012 @ 9:44pm PSTTags: Disney, Foxtel, MGM, Village Roadshow, Warner Bros

Don Groves is a Deadline contributor based in Sydney.

Warner Bros, Disney, Village Roadshow and MGM films may not be missing from Australian pay-TV screens for long, despite the decision to dissolve their joint venture The Movie Network. Each studio is negotiating … Read More »

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Village Roadshow Seeks Re-Financing To Increase WB Co-Productions

By THE DEADLINE TEAM | Sunday October 14, 2012 @ 8:24pm PDTTags: Village Roadshow, Warner Bros

Don Groves is a Deadline contributor based in Sydney.

Village Roadshow Pictures aims to step up its co-productions with Warner Bros. via a debt refinancing due to be negotiated in New York this week. Part of Los Angeles-based Village Roadshow Entertainment … Read More »

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Village Roadshow Profits Up 20.2% In Oz; Distribution Pact With Warner Bros. Extended

By THE DEADLINE TEAM | Thursday August 23, 2012 @ 2:52am PDTTags: Big Deals Film, The Great Gatsby, Village Roadshow, Warner Bros Pictures

Don Groves is a Deadline contributor based in Sydney

Village Roadshow LimitedCo-producing the box office under-achievers Happy Feet Two, The Lucky One and Dark Shadows with Warner Bros. doesn’t seem to have hurt Australia’s Village Roadshow Ltd, which today announced a net profit of $A33.8M ($33.5M) for the year to June 30. That’s a 20.2% rise on the previous year. The company didn’t break out the results of its 47.6%-owned Village Roadshow Entertainment Group, which consists of Village Roadshow Pictures and the Concord Music Group. But managing director Graham Burke tells Deadline he’s happy with Village Roadshow Pictures’ performance, “We take a long-term perspective on our relationship with Warner. We put our money as a chip on the table with them.”

Burke highlighted the success of VRP’s Sherlock Holmes: A Game of Shadows, which grossed $544M worldwide, and prospects for upcoming releases including Gangster Squad, The Great Gatsby, All You Need Is Kill, Lego and Fury Road. Burke says the 20 minutes of Great Gatsby he’s seen are “breathtaking” and he fully supports the decision to delay the release till summer 2013 to give Baz Luhrmann more time. In Oz, Roadshow Films continued as the top theatrical Read More »

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Village Roadshow Finalizes $275M In New Capital

By THE DEADLINE TEAM | Thursday June 28, 2012 @ 12:20pm PDTTags: Village Roadshow, Warner Bros

LOS ANGELES, CALIFORNIA, June 28, 2012 – Village Roadshow Entertainment Group (VREG) today closed a US$380 million recapitalization that will include the injection of US$275 million in new capital as part of a six-year mezzanine and equity arrangement with Trinity Opportunities Limited (Trinity) arranged by the Company in conjunction with Hong Kong-based Shikumen Capital Management (HK) Limited (SCM).

The new capital will be used to strengthen VREG’s balance sheet, increase the number of co-financed and co-produced films by Village Roadshow Pictures (VRP) and support the continued growth of the Village Roadshow Entertainment Group Asia (VREG Asia) film business in China.

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‘Sherlock Holmes: A Game Of Shadows’ Outgrosses First Film In Franchise

By THE DEADLINE TEAM | Tuesday March 20, 2012 @ 11:29am PDTTags: Hollywood box office, Sherlock Holmes: A Game Of Shadows, Village Roadshow, Warner Bros

Sherlock Holmes: A Game Of Shadows Box Office Warner BrosWarner Bros said today that Sherlock Holmes: A Game of Shadows has surpassed $529 million in global box office. That surpasses the $524.4 million taken in by the first film … Read More »

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Village Roadshow Asia, Universal Among Backers For Keanu Reeves’ China-Set Directorial Debut ‘Man Of Tai Chi’

By THE DEADLINE TEAM | Wednesday December 14, 2011 @ 2:29pm PSTTags: Keanu Reeves, Universal, Village Roadshow

Village Roadshow Asia, China Film Group and Wanda Media Group are teaming to co-produce Keanu Reeves’ directorial debut, Man Of Tai Chi, which will be co-financed and distributed by the partners and Universal Studios. The action drama is set in … Read More »

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