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Hoyts Cinema
The Hoyts Group of companies in Australia and New Zealand includes Hoyts Cinemas and Val Morgan. Hoyts operates more than 450 cinema screens and 55,000 seats, making it Australia's second largest movie exhibitor after Event Hospitality & Entertainment. Val Morgan sells advertising on cinema screens and digital billboards. In 2015, the majority of Hoyts was acquired by a Chinese conglomerate, the Wanda Group. In Argentina by Cinemark. In Chile it was acquired by Cinépolis, and in Uruguay by Life Cinemas. History 1909 - 1930: At the start of the 20th century, dentist Arthur Russell bought a share in a small touring tent show incorporating magic and moving pictures. Russell also performed shows at St George's Hall in Bourke Street, Melbourne, and in 1909 moving pictures was the only attraction. Russell eventually negotiated a long lease for St George's Hall with the purpose of opening a Picture Palace called Hoyt's Pictures. By the time he died at the end of World ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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The Argus (Melbourne)
''The Argus'' was an Australian daily morning newspaper in Melbourne from 2 June 1846 to 19 January 1957, and was considered to be the general Australian newspaper of record for this period. Widely known as a conservative newspaper for most of its history, it adopted a left-leaning approach from 1949. ''The Argus''s main competitor was David Syme's more liberal-minded newspaper, ''The Age''. History The newspaper was originally owned by William Kerr, who was also Melbourne's town clerk from 1851–1856 and had been a journalist at the ''Sydney Gazette'' before moving to Melbourne in 1839 to work on John Pascoe Fawkner's newspaper, the '' Port Phillip Patriot''. The first edition was published on 2 June 1846. The paper soon became known for its scurrilous abuse and sarcasm, and by 1853, after he had lost a series of libel lawsuits, Kerr was forced to sell the paper's ownership to avoid financial ruin. The paper was then published by Edward Wilson. By 1855, it had a daily c ...
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Hoyts Kiosk
Hoyts Kiosk, previously known as Oovie, was an Australian company that specialised in the rental of DVDs and Blu-ray Discs via automated retail kiosks. In 2013, Hoyts Kiosk had over 500 kiosks in Australia, located in every state and territory except South Australia, with more than 250,000 active customers. History Hoyts Kiosk was launched as Instant DVD by Sydney-based entrepreneurs Andrew Evetts and Ian O'Rourke in 2005. They were inspired by seeing the success of similar DVD rental kiosks in the United States. In October 2009 they sold the business to Hoyts who rebranded the company as Oovie. In November 2017, Hoyts Kiosk was acquired by Video Ezy Express and all its machines were rebranded. Kiosks Kiosks were located at grocery stores, shopping centres, convenience stores, and fast food restaurants. Customers could choose a DVD or Blu-ray disc at any kiosk, or select and reserve online for collection at a kiosk. Discs could be returned to any kiosk in Australia. Movies had ...
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Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, ''The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''The Sy ...
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Berkeley Cinemas
Berkeley Cinemas refers to a two-complex premium brand of cinemas owned by Hoyts Pty Australia. Previously owned by Everard Entertainment, the Berkeley Cinema Group was one of the largest cinema chains in Auckland, New Zealand, with complexes in Mission Bay, Hibiscus Coast, Takapuna, and Botany Downs. After being bought out by Hoyts Pty Australia in May 2010, its Hibiscus Coast and Botany Downs complexes were rebranded to become Hoyts complexes, leaving Mission Bay and Takapuna as the "Berkeley" Cinemas. Berkeley Cinemas was the first cinema chain in Auckland to introduce higher-end seating towards the rear of individual theatres (called the "Circle Lounge"), offering restaurant amenities for a higher ticket price. Before Hoyts built its Guinness World Record breaking screen at Sylvia Park Sylvia Park is a large business park and shopping centre in the Auckland suburb of Mount Wellington in New Zealand. Less commonly known, the area around the centre (which includes some ...
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Australian Multiplex Cinemas
Australian Multiplex Cinemas (often abbreviated as AMC) is a chain of multiple-screen movie cinemas headquartered in Brisbane, the state capital of Queensland, Australia acquired by Hoyts in November 2010. Acquisition by Hoyts In October 2010, Hoyts announced that it will acquire AMC for an unknown amount. The purchase was completed in November 2010. Hoyts has stated on their website that AMC customers will now have access to a wider variety of films, promotions, competitions and cinema offers. Hoyts have also promised to increase 3D facilities for the cinema chain. The AMC Value Card program was discontinued, with Hoyts promising to recognize these cards until their expiry date. The new rewards program being offered is now Hoyts Rewards. Locations Australian Multiplex Cinemas operate in five locations in three states: Queensland * Redcliffe – eight screens at Peninsula Fair Shopping Centre *Stafford Stafford () is a market town and the county town of Staffordshire, i ...
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Pacific Equity Partners
Pacific Equity Partners (PEP) is a private equity investment firm focusing on transactions in Australia and New Zealand. PEP invests across a range of industries and sectors and in turnaround and growth capital transactions. The firm is based in Sydney, Australia, and was founded in 1998 by Rickard Gardell, Paul McCullagh, Simon Pillar and Tim Sims. All but McCullagh previously worked together as executives at Bain & Company. The firm has raised more than A$8 billion across five funds since its founding and has approximately A$10 billion of assets under management, making it the largest private equity firm in Australia. Investments PEP has led eight public to private buyout transactions in Australasia including Spotless, Patties, LifeHealthcare, Zenith Energy, and Citadel. PEP has made more than 35 operating company investments as well as 100 bolt-on acquisitions since its founding. Among the firm's past investments are Hoyts (sold to Wanda Cinemas in 2015), Independent Liqu ...
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West Australian Newspapers
''The West Australian'' is the only locally edited daily newspaper published in Perth, Western Australia. It is owned by Seven West Media (SWM), as is the state's other major newspaper, ''The Sunday Times''. It is the second-oldest continuously produced newspaper in Australia, having been published since 1833. It tends to have conservative leanings, and has mostly supported the Liberal–National Party Coalition. It has Australia's largest share of market penetration (84% of WA) of any newspaper in the country. Content ''The West Australian'' publishes international, national and local news. , newsgathering was integrated with the TV news and current-affairs operations of ''Seven News'', Perth, which moved its news staff to the paper's Osborne Park premises. SWM also publish two websites from Osborne Park including thewest.com.au and PerthNow. The daily newspaper includes lift-outs including Play Magazine, The Guide, West Weekend, and Body and Soul. Thewest.com.au is the on ...
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Publishing & Broadcasting Limited
Publishing and Broadcasting Limited (PBL) was one of Australia's largest corporations. With interests primarily in media and gambling, for the entirety of its existence it was largely controlled by the Packer family. History Predecessors PBL originated with Australian Consolidated Press (ACP), established by media magnate Frank Packer, who inherited the media interests of his father Robert Packer, who died in 1934. In 1936, Packer merged with E.G. Theodore's Sydney Newspapers and Associated Newspapers to form Australian Consolidated Press. Frank Packer was chairman of ACP from 1936 until his death in 1974, when control of the company passed to his younger son Kerry Packer. ACP was granted a broadcasting license in Sydney when television began in Australia in the 1950s. Its television station, TCN-9 in Sydney was the first station in Australia to go to air, launched 1956, by an announcement from Bruce Gyngell "Good evening, and welcome to television". In 1960, it purchased ...
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Village Roadshow
Village Roadshow Limited is an Australian company which operates cinemas and theme parks, and produces and distributes films. Before being acquired by private equity company BGH Capital, the company was listed on the Australian Securities Exchange and majority owned by Village Roadshow Corporation, with members of founder Roc Kirby's family in the top roles. History Village Roadshow originally started operations as Village Drive-Ins (later known as "Village Drive-ins and Cinemas" before becoming today's "Village Cinemas" brand), in 1954, when founder Roc Kirby began running one of Australia's first drive-in cinemas in the Melbourne suburb of Croydon. The drive-in was adjacent to a shopping strip called "Croydon Village"; hence the company adopted the "Village" name. The company later expanded into traditional cinemas in major areas, though it still operates the ''Coburg Drive-In'' in Coburg, Melbourne. In the 1960s, the company expanded to start its film distribution bus ...
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Consolidated Press Holdings
James Douglas Packer (born 8 September 1967) is an Australian billionaire businessman and investor. Packer is the son of Kerry Packer , a media mogul, and his wife, Roslyn Packer . He is the grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies. He is the former executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms, and a former executive chairman of Crown Resorts. , Packer's net worth was assessed as 5.72 billion by the ''Financial Review Rich List'', ranking him as the fifteenth-wealthiest Australian; he was the richest person in Australia in 2006 and 2007. ''Forbes Asia'' magazine assessed Packer's net worth at 3.6 billion in January 2019, the ninth-richest Australian. In June 2022, the Federal Court approved Blackstone's takeover of Crown Ca ...
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Kerry Packer
Kerry Francis Bullmore Packer (17 December 1937 – 26 December 2005) was an Australian media tycoon, and was considered one of Australia's most powerful media proprietors of the twentieth century. The Packer family company owned a controlling interest in both the Nine Network and the publishing company Australian Consolidated Press, which were later merged to form Publishing and Broadcasting Limited (PBL). Outside Australia, Packer was best known for founding World Series Cricket. At the time of his death, he was the richest and one of the most influential men in Australia. In 2004, ''Business Review Weekly'' magazine estimated Packer's net worth at . Early life Kerry Packer was born on 17 December 1937 in Sydney, Australia. His father was Sir Frank Packer, an Australian media proprietor who controlled Australian Consolidated Press and the Nine Network. His mother, Gretel Bullmore, was the daughter of Herbert Bullmore, the Scottish rugby union player. He had an older brother, ...
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