Chief operating officer Matthew Liebmann is departing the Hoyts Group on Friday amid a head office restructure.
“If as an industry we think we can rest on our laurels and young people will continue to go to the cinema without offering them a great experience we are sadly mistaken.”
Hoyts Group CEO Damian Keogh is confident the business will rebound strongly once there is a steady flow of new releases.
Major and independent exhibitors talk to IF about the year so far at the box office and prospects for 2024, the impact of the US strikes and the landscape for Australian features.
It can be argued that now more than ever, when customers opt to watch a film out of home, they’re wanting more than a movie, but an ‘experience’. In response, the country's major exhibitors are looking to bump up premium offerings. IF takes a look.
Crispin Tristram, chief marketing and digital officer of Hoyts, will leave the company following the decision to shelve the Video-on-Demand service which he had been developing for more than two years.
Now under new owners, Hoyts Corp. plans to expand its circuit of premium screens and to introduce a new brand which will be pitched between a standard and top-of-the-range cinema.
The closure of Australian cinemas and entertainment venues as well as licensed clubs, hotels and pubs, casinos and nightclubs is a body blow to Village Roadshow Ltd (VRL) and the exhibition and distribution sector.