Hoyts, TEG CEOs Damian Keogh and Geoff Jones eye recovery for movies, music, events
Mi3 Audio Edition · Mi3 & iHeart Podcasts Australia
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Show Notes
The Australian Box Office was off 67% last year; live events and concerts smashed revenues for Ticketek parent TEG by 97% early in Covid. But now both company bosses are pinning their hopes on some huge content initiatives in the second half - consumer desire to get out is the least of their worries, they say. Hoyts is even looking to diversify beyond movies as film studios flirt with shortening or pulling exclusive theatre distribution windows.
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