CINEMAS – AUSTRALIA

Profit down but Village Roadshow targets a strong year for cinema

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Original article by Max Mason
The Australian Financial Review – Page: 29 : 26-Aug-16

Australian-listed Village Roadshow has posted a 2015-16 net profit of $A16.6m, which is 58.7 per cent lower than previously, while revenue rose by 6.7 per cent to $A1.1bn. The company’s cinemas division recorded EBITDA of $A73.6 million, an increase of 27.2 per cent, and its theme parks division’s EBITA rose from $A87.5m to $A88m. Shares in Village Roadshow closed 9.3 per cent lower at $A4.77 on 25 August.

CORPORATES
VILLAGE ROADSHOW LIMITED – ASX VRL, WARNER BROS MOVIE WORLD ENTERPRISES, WET `N’ WILD WATER PARK, CITIGROUP PTY LTD

Arthouse buffs see more films overall, including almost as many mainstream movies as other cinema-goers

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 24-May-16

A Roy Morgan Single Source survey has found that of the one million Australians aged 14+ who see arthouse or foreign-language movies at the cinema, 58 per cent saw just one such film in an average three months during the year to December 2015. Meanwhile, 30 per cent saw two or three such films, and the remaining 12 per cent saw four or more. Overall, at an average of two such films each per quarter, it adds up to a total of eight arthouse/foreign films over the year. The survey also shows that arthouse movie audiences also saw an average of 14 films at cinemas in 2015 (3.5 per quarter on average) – which therefore includes six mainstream movies. The 8.4 million cinema-goers who do not see any arthouse or foreign-language movies in a three-month period only averaged nine movies each over the course of the year.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Avatar’s 3D pricing denies the Force a box-office record

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Original article by Michael Bodey
The Australian – Page: 17 : 5-Jan-16

The Australian box office takings of "Star Wars: The Force Awakens have topped $A69m, eclipsing "Titanic" as the second-highest grossing film on record. However, "Avatar" is likely to remain the highest-grossing film in Australia, as it benefited from the higher cost of tickets for 3D cinemas when it was released in 2009. Globally, the new Star Wars film is currently the six-highest grossing film of all time, with box office takings of $US1.51bn.

CORPORATES
PIXAR

Star Wars box office sales in hyperdrive, headed for $100m

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Original article by Primrose Riordan
The Australian Financial Review – Page: 3 : 21-Dec-15

Village Roadshow CEO Kirk Edwards says "Star Wars: The Force Awakens" could overtake "Avatar" as the highest-grossing film on record in Australia. The new Star Wars film’s local box-office takings exceeded $A25m on the weekend of 19-20 December 2015, and Edwards expects it to gross at least $A100m overall. It is estimated that the film’s global ticket sales have exceeded $US250m ($A348m) to date.

CORPORATES
VILLAGE ROADSHOW LIMITED – ASX VRL, RENTRAK CORPORATION, WALT DISNEY COMPANY

Latest Star Wars movie to break Australia’s box office records

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Original article by Dominic White, Max Mason
The Australian Financial Review – Page: 3 : 17-Dec-15

Hoyts Cinemas CEO Damian Keogh says the new "Star Wars" film could potentially be the highest-grossing film in Australia of all time. More than $A15m worth of tickets for "Star Wars: The Force Awakens" were sold prior to its cinema debut, and Keogh says the film’s total box office takings could exceed $A100m. "Avatar" holds the Australian box office record, with its takings exceeding $A115m.

CORPORATES
HOYTS CINEMAS LIMITED, VILLAGE ROADSHOW LIMITED – ASX VRL, WALT DISNEY COMPANY, LUCASFILM

The Water Diviner tops homegrown 2014 movie list

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Original article by Karl Quinn
The Age – Page: 11 : 6-Jan-15

Just four Australian films made more than $A1 million at the domestic box office in 2014. Data from Rentrak suggests that locally-made films made just over $A28.5 million during the year. Entertainment One reports that director Russell Crowe’s debut feature, "The Water Diviner", reaped $A5.65 million between its Boxing Day release and the end of 2014. This places the film ahead of Greg McLean’s "Wolf Creek 2" as the biggest-earning local film of the year

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, RENTRAK CORPORATION, SCREEN AUSTRALIA

‘And…. cut!’ The TV viewers left in the dark now that Margaret and David won’t be At The Movies

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 4-Dec-14

A Roy Morgan Single Source survey has found that in the year to September 2014, 5.9 per cent of Australians aged 14+ gave "At The Movies" four and a half stars, citing it as a TV program that they "especially choose to watch". Some 2.2 per cent named it as a show that they "really love to watch". The survey also found that around 75 per cent of who really love "At The Movies" went to the cinema in an average three-month period in the year to September 2014, compared with just 46% of the general population

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS)

Village eyes Asia growth, sees tougher 2014 at box office

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Original article by Madeleine Heffernan
The Australian Financial Review – Page: 21 : 22-Aug-14

Village Roadshow has posted a 2013-14 net profit of $A45.8m, which is 10 per cent lower than previously. The group’s income from continuing operations rose by three per cent to $A965.8m. EBITDA for Village’s cinemas business was $A62.6m, while the theme park division’s EBITDA was $A105.6m. CEO Graham Burke is upbeat about the outlook for both divisions in 2014-15, although he expects lower cinema earnings in Australia

CORPORATES
VILLAGE ROADSHOW LIMITED – ASX VRL, WET `N’ WILD WATER PARK, BAILLIEU HOLST LIMITED, ORD MINNETT GROUP LIMITED, HOYTS CINEMAS LIMITED

Hoyts Group plans roadshow to market $900m float

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Original article by Sarah Thompson, Jake Mitchell, Anthony Macdonald
The Australian Financial Review – Page: 36 : 18-Aug-14

Pacific Equity Partners will undertake an overseas roadshow to promote the proposed sharemarket float of Hoyts Group. The private equity firm paid $A440m for the cinema group in late 2007, and the IPO is expected to be worth between $A800m and $A900m. Hoyts operates 44 cinema complexes, while it also owns a DVD distribution business and the Val Morgan cinema advertising business

CORPORATES
HOYTS CINEMAS LIMITED, PACIFIC EQUITY PARTNERS PTY LTD, VAL MORGAN AND COMPANY (AUSTRALIA) PTY LTD, UBS HOLDINGS PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, CITIGROUP PTY LTD, CINIPLEX, VILLAGE ROADSHOW LIMITED – ASX VRL, AMALGAMATED HOLDINGS LIMITED – ASX AHD, DALIAN WANDA GROUP COMPANY LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FOXTEL MANAGEMENT PTY LTD