The wealthy Kirby family and outgoing Village Roadshow CEO Graham Burke fielded an offer from BGH Capital before agreeing to sell their stake in the company to PEP.
With the first week of Parliament less than a month away,Labor leader Anthony Albanese and new chief-of-staff Tim Gartrell are putting the final touches on office arrangements.
A pitiable profit hasn't stopped Village Roadshow splashing out on political donations.
A former high-flying Warner Brothers executive who dealt with the ailing local entertainment company says new management is needed.
One problem solved,another left achingly unresolved.
Village Roadshow could be forced to offload its struggling movie production business,behind Zoolander and Ocean's 8,with members of the wealthy Kirby family that controls the sprawling entertainment business feuding over the best way to restore its lacklustre performance.
There’s nothing quite like Sydney private school discontent to round off the year.
“Big Bucks” Burke leaves behind a carcass of a company with a share price cratered from $7.50 three years ago to barely $2.53 today.