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. Presently, HOYTS owns and operates 60 cinemas across Australia and New Zealand, including its newest cinema in Ipswich, with 503 screens and more than 59,000 seats, making it one of Australia's largest movie exhibitors.