WGA Targets Village Roadshow Over Payment Delays Amid Survival Concerns
Village Roadshow Entertainment Group (VREG) is facing financial difficulties, leading to late payments to union writers and potential sanctions from the Writers Guild of America. The company, majority-owned by Vine Alternative Investments, is dealing with liquidity issues exacerbated by the 2023 Hollywood labor strikes. Despite recent asset sales and ongoing legal disputes with Warner Bros., VREG's future remains uncertain, with discussions of potential acquisition and internal restructuring underway.