Village Roadshow CEO Steve Mosko has stepped down.
The move comes after the company had recently been sanctioned by the WGA, and had faced financial challenges, which led to layoffs. The company is owned by Vine Alternative Investments.
Village Roadshow was once a close collaborator with Warner Bros, including partnering on the Ocean’s Eleven and Matrix franchises, among numerous other well-known titles, such as the Sherlock Holmes films, Mad Max: Fury Road, American Sniper, Happy Feet and the more. However the company been involved in arbitration with the studio after filing a lawsuit over the day-and-date release of 2021’s The Matrix Resurrections.
In 2024, the company renewed its first-look deal with Content Cartel, Kevin Garnett’s production banner.
Recently, the company has been cutting costs, conducting a round of a layoffs that impacted workers in business affairs, administration and film and television roles.
The company attracted the ire of the WGA after the guild claimed the production company had not paid writers on “numerous projects.” At the time, the WGA required Village Roadshow to post a bond to protect the writers but the company had failed to do so.
Mosko joined the company in 2018 after a 24-year run at Sony Pictures Television, most recently as chairman, that included shepherding such shows as Breaking Bad, Damages, Blacklist, The Shield and The Crown.