Cinema Advertising, eventually taking their stake to 100% in 2005. In December that year, Publishing & Broadcasting Limited and West Australian Newspapers purchased the company from Consolidated Press. In 2007, Hoyts was sold to Sydney-based private equity firm Pacific Equity Partners. The sale valued the company at A$440 million. 2010s: In 2010, Hoyts acquired Australian Multiplex Cinemas in Queensland and the Berkeley Cinema Group in New Zealand. Hoyts Stream, a video streaming service, was set to launch during 2013, but after being delayed, it was cancelled in 2014. Damian Keogh was appointed chief executive officer, and Hoyts was bought by Chinese billionaire Sun Xishuang through his investment company ID Leisure Ventures. In 2015, Wanda Cinema Line, a subsidiary of Dalian Wanda Group, purchased Hoyts from ID Leisure Ventures. In 2018, Hoyts Kiosk DVD vending machines were rebranded as Video Ezy after the group sold its subsidiary. 2020s: In December 2022, Hoyts acquired three cinemas in WA from Grand Cinemas after the company went into administration. Cinemas Features available at many Hoyts Cinemas include reclining chairs, large high-resolution screens under the Xtremescreen brand, and dine-in menus under the Hoyts Lux'' brand. Seats that move and vibrate in synchronisation with on-screen action have been introduced at some cinemas using D-Box technology. Hoyts Cinema Technology Group (CTG) was established in 2008 and helps other exhibitors such as Palace Cinemas install and operate digital cinema. Hoyts CTG also supports one-off screenings such as festivals or corporate events. Val Morgan Val Morgan was created by Valentine (Val) Morgan and specialises in advertising on cinema screens. Val Morgan's sister company, Val Morgan Outdoor (VMO), operates advertising screens in shopping centres, gyms, service stations and office towers, as well as outdoor digital billboards. In 2019, a joint venture was formed to advertise on cinema screens in Saudi Arabia, as part of the group's expansion across the Middle East. Hoyts Distribution Hoyts Distribution was the film distribution arm of the group which existed in its own right from 1978 to the early 1990s; it possessed the distribution rights to Cannon Films, Carolco and Nelson Entertainment films in Australia and New Zealand. It was later merged with the distribution operations of Columbia TriStar Film Distributors and 20th Century Fox, forming Hoyts-Fox-Columbia TriStar Films (later Fox-Columbia TriStar Films after Hoyts dropped out of the venture). In 2002, the company was revived, distributing primarily films produced by Nine Films and Television