Alcon Wins Derivative Rights To Village Roadshow Film Library It Acquired In $417.5M Deal

Alcon Wins Sequel Rights to 'Matrix,' 'Practical Magic' and More Warner Bros. Films From Village Roadshow

Alcon Media Group has been awarded the derivative rights to Warner Bros.-released films that the company acquired from the bankrupt Village Roadshow, including “The Matrix,” “Practical Magic” and “Mad Max.” While Alcon purchased the library this past June for $417.5 million, the derivative rights — which grant the company the right to authorize and participate in any sequels or remakes based on the Village Roadshow IP — were in dispute in a Dela…

Alcon Wins Derivative Rights To Village Roadshow Film Library It Acquired In $417.5M Deal

Alcon Media Group has won its $417.5 million bid to acquire Village Roadshow Entertainment Group’s library of 108 film titles. It also got derivative rights.