Village Roadshow claims its troubles are ‘a nightmare from the past’
Village Roadshow has edged into profit after a disastrous 2017 with management insisting catastrophic “headwinds”, including the Dreamworld tragedy, are now “a nightmare from the past”.
The cinema and theme park operator posted an attributable profit of $200,000, up from the near-$67m loss in FY17.
The results include pre-tax impairment and other non-cash adjustments of $167.4m, and the disposal of its Singapore business of $154m.
Village Roadshow has all the markings for success, with its trilogy contract from Walt Disney, An edge on american production houses with sound clarity and dark scenes tailored for DVD quality once its left the big screen.Tricked and tailored for their followers re-immersion in the experience.(In the trade it stands out as quality productions fabricated inside the timeframe allocated).
The sell off of lease /sale was $200,million undervalued, The grasp on share option issue,to thwart overseas buyout, and the recent available direct sell shares overseas as a countermove to the countermeasure;
By passing Australian covenents provides the bystander -Entertainment. The missing link -Is how VR has not grasped Presales from tourists booked for the Gold-Coast Destination.