Logo text Village Roadshow has agreed to pay Warner Bros. $57 million to resolve its liability in an arbitration over financing on Matrix Resurrections . The figure was reduced from over $125 million after the financier filed for bankruptcy. In 2023, an arbitrator found that Village Roadshow breached a series of deals involving the Matrix films by failing to pay its $107 million share of the cofinancing agreement, The Hollywood Reporter learned last year. The legal battle started in 2022 when the studio filed two arbitration demands against Village Roadshow, one over the Matrix Resurrections and the second over Wonka and other properties the financier shared the rights to with Warner Bros. The financier responded by filing a headline-grabbing lawsuit against Warner Bros. in California state court, accusing the studio of breach of contract over its decision to release the Matrix sequel simultaneously on HBO Max and in theaters. The case went dark shortly after, with a judge moving it to arbitration.…