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Hoyts cinema sale in question with new ultimate owner

Hoyts parent company China's Dailan Wanda Group has been bought by a fellow Chinese conglomerate, throwing the sale of the ANZ cinema business into doubt.

Hoyts will probably still be sold, with a new ultimate owner.

Dita De Boni Thu, 08 Feb 2024

The sale of Hoyts Cinemas, which owns 11 cinemas in New Zealand, 47 in Australia, and the Val Morgan advertising business, has been disrupted by corporate manoeuvrings in China.

Hoyts' parent company is Dailan Wanda Group, which not only owns the Australasian film play among many other interests but

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Dita De Boni Thu, 08 Feb 2024
Contact the Writer: dita@nbr.co.nz
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Hoyts cinema sale in question with new ultimate owner
General Business,
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