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Wanda Acquires Hoyts

A Closer Look At Wanda’s Acquisition of Hoyts

Wanda Cinema Line had already planted its flag in the United States by acquiring the country’s second largest exhibition chain, AMC Entertainment, and now the Chinese company is entering the Australian market with an identical business move, snapping up Hoyts. Like AMC, Hoyts is the number two…

Hoyts Expands With Acquisition Of AMC

Last week Hoyts Cinemas announced that it had reached an agreement for an undisclosed sum to purchase privately owned Australian Multiplex Cinemas (AMC). Based in Sydney, Hoyts presently operates 50 cinemas with 406 screens throughout Australia and New Zealand. After taking over the five multiplexes…

Aussies Want UK Cinema Advertiser

UK/Irish cinema screen advertiser Carlton Screen Advertising (CSA) is officially in the chopping block with the most likely buyer being Pacific Equity Partners, which bought the exhibitor Australian cinema chain Hoyts last year. Having once been the biggest and most profitable screen advertiser in t…