The library is coming to market with a so-called stalking horse offer of $365 million from Content Partners.
Most of Village Roadshows prize films, includingThe MatrixandOceansfranchises, were co-produced with Warner.
So did investments in its own studio projects that did not turn a profit.
Warner Bros. Pictures
It Chapter 11 filing noted significant liability has attached due to unpaid contracts including with writers and consultants.
