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Village Roadshow Australia Begins Sale Talks as Coronavirus Weighs on Business

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variety.com

By Patrick Frater Asia Bureau Chief Australia’s Village Roadshow Limited has begun exclusive sale talks with BGH, one of two finance companies that at the beginning of the year made takeover approaches to the company.

The company also said that keeping its cinemas, film studios and theme parks closed is costing it $6.45 million to $9.68 million (A$10-15 million) per month, even after government subsidies for staff salaries.

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