Company type | Subsidiary |
---|---|
Industry | Film exhibition, film distribution, cinema advertising |
Founded | 1909 |
Headquarters | Sydney, Australia |
Area served | Australia, New Zealand |
Key people | Damian Keogh (Group CEO)
Stephen Watson (Group CFO) Guy Burbidge (MD – Val Morgan) |
Products | Hoyts Cinema |
Number of employees | Estimated 4000 |
Parent | Wanda Group |
Website | www |
The Hoyts Group of companies in Australia and New Zealand includes Hoyts Cinemas, a cinema chain, and Val Morgan, which sells advertising on cinema screens and digital billboards.
The company was established by dentist Arthur Russell in Melbourne, Victoria in 1908, showing films in a hired hall. After expansion into other states and several changes of ownership, the majority of Hoyts was acquired by a Chinese conglomerate, the Wanda Group, in 2015. As of 2022[update], Hoyts owned 46 multiplexes housing 412 screens, making it Australia's second largest movie exhibitor after Event Cinemas.