Village Roadshow has restructured its film production credit arrangement with Warner Bros.
The new deal, led by Rabobank International and JP Morgan Chase, includes a $900 million financing facility and the potential for an additional $350 million.
The deal retroactively includes the financing of the 2008 releases "Get Smart," "Nights in Rodanthe," "Yes Man" and "Gran Torino."
Village Roadshow's upcoming films with Warners include "Where The Wild Things Are" in October and "Sherlock Holmes" on Christmas Day.
Warner Bros. president and COO Alan Horn said in a statement, "We are extremely pleased that Village Roadshow has achieved its financial goals. We look forward to continuing our successful relationship and to many more years of making great movies together."
In its twelve-year history, Village Roadshow Pictures has been a leading coproducer
and co-financier of more than 60 major Hollywood movies, mainly with Warner Bros. Those films include The Matrix trilogy, the Ocean’s series, Happy Feet, Mystic River, Analyze This, Miss Congeniality, Two Weeks’ Notice, I Am Legend and Gran Torino.