Nothing went wrong. Village Roadshow Pictures (VRP) extended its fifteen year deal to co-produce and co-finance films with Warner Bros into 2017, while JPMorgan Chase and Rabobank expand their line of credit to $US1.25b..
In the slightly complicated way of things, VRP is the film financing and production unit of Village Roadshow Entertainment Group, which is a 47% owned subsidiary of Village Roadshow Ltd, the film exhibition and distribution business, with a large number of theme parks on the side. Make sense? VREG also includes the independent music label Concord Music.
