ID Leisure Ventures has been confirmed as the buyer of Hoyts. The company is a close associate of Wanda group, owner of AMC and the biggest theater chain in China.
Local conglomerate to break exhibition sector monopoly
Lippo-backed multiplex chain will also be distributor.
The Hopewell Group has this week opened The Metroplex, a multiplex which aims to reinvigorate Hong Kong's embattled movie-going scene.
Albert Yeung, head of Hong Kong's Emperor Motion Pictures, has bought a 6% stake in Chinese cinema circuit owned by SMI Corporation
HONG KONG – Indonesia's number two movie theater chain Blitz Megaplex says that it intends to launch an initial public offering of its shares on the Jakarta Stock Exchange. At a press conference…
CJ-CGV, the South Korean cinema group, has become the world's number five multiplex chain, as measured by admissions. The company expects to sell over 100 million tickets this year.