George Livery has been tapped for the new role of commercial director of Hoyts Cinemas Australia, responsible for marketing, retail sales, merchandising and customer strategies.
ll feeling between U.S.-owned exhib Reading and Hoyts Cinemas has escalated after Reading sued Hoyts in the Federal Court of Australia.
Kerry Packer gained effective control of Hoyts Cinemas on Tuesday after increasing his offer by 5¢ to $1.31 a share.
Kerry Packer almost certainly will have to dig deeper into his corporate coffers if he wants to control Hoyts Cinemas after an independent report commissioned by Hoyts branded the takeover offer as…
From left field, Kerry Packer's Consolidated Press Holdings launched a takeover bid Wednesday for Hoyts Cinemas, valued at $A609 million ($384 million), after securing options for a 17% stake in the…