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Description
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, Hoyts owned 46 multiplexes which house 412 screens, making it Australia's second largest movie exhibitor after EVT Limited.
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