DOCSLIB.ORG

Village Roadshow Limited

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Village Roadshow Limited Village Roadshow Limited 2019 Annual Report Village Roadshow was THEME PARKS CINEMA EXHIBITION Village Roadshow has been involved in Cinema Exhibition is where Village founded by Roc Kirby in theme parks since 1989, is Australia’s Roadshow started, with its first drive-in leading theme park developer and owner, cinema opening in 1954. Today Village Melbourne, Australia in and is one of the pre-eminent theme park Roadshow jointly owns and operates a 1954 and has been listed operators in the world. In Australia, this combined 577 screens at 57 sites across includes Warner Bros. Movie World, Sea Australia. VRL continues to drive and on the Australian Securities World, Wet’n’Wild Gold Coast, Paradise embrace innovation, with premium Country, Australian Outback Spectacular, cinema concepts including Gold Class, Exchange since 1988 (ASX: Topgolf Gold Coast and Sea World max, premium and Junior. VRL is Resort, all on Queensland’s Gold Coast. continuing to invest in the expansion of VRL). Since these humble Village Roadshow Theme Parks (“VRTP”) premium cinema concepts and new beginnings, VRL has also operates and has majority ownership entertainment and social offerings and in Wet’n’Wild Las Vegas. VRTP also has a developments in new population become a leading program of development for theme park growth areas. management opportunities in Asia entertainment company including operating China’s first FILM DISTRIBUTION International water park with Wet’n’Wild with well recognised Started by Village Roadshow in the late Haikou and Asia’s first movie themed 1960’s, VRL’s Film Distribution division brands. Village Roadshow indoor interactive experience, Lionsgate (“Roadshow”) is Australasia’s largest Entertainment World, in Novotown, independent distributor of theatrical holds a diversified portfolio Hengquin, China. films to cinemas. The business also distributes movies and television series of assets including Theme MARKETING SOLUTIONS to broadcasters and home Parks, Cinema Exhibition, VRL’s Marketing Solutions division delivers entertainment platforms in Australia and consumer incentive programs for many of New Zealand. An active supporter of Film Distribution and the world’s leading brands. With head Australian film and television, offices in Australia and the UK, the division Roadshow’s strategy includes investing Marketing Solutions, delivers customer acquisition and in original content creation through retention programs across Australasia, Roadshow Rough Diamond, BlinkTV, and entertaining millions of Europe and North America. The business a 31% interest in FilmNation. people annually. brings a sophisticated suite of digital platforms and rewards to market, to create compelling customer experiences. ANNUAL REPORT 2019 VILLAGE ROADSHOW LIMITED ABN 43 010 672 054 Contents 2 Directors’ Report 63 17 Interest Bearing Loans and Borrowings 12 Reconciliation of Results 63 18 Provisions 14 Auditor’s Independence Declaration 64 19 Unearned Revenue and Other Liabilities 15 Remuneration Report 64 20 Contributed Equity 28 Consolidated Statement of Comprehensive Income 66 21 Reserves and Retained Earnings 29 Consolidated Statement of Financial Position 67 22 Non-Controlling Interest 30 Consolidated Statement of Cash Flows 67 23 Contingencies 31 Consolidated Statement of Changes in Equity 68 24 Commitments 32 Notes to the Consolidated Financial Statements 68 25 Key Management Personnel Disclosures 32 1 Corporate Information and Summary of 69 26 Share-Based Payment Plans Significant Accounting Policies 73 27 Remuneration of Auditors 49 2 Revenue and Other Income 74 28 Events Subsequent to Reporting Date 51 3 Expenses from Continuing Operations 74 29 Parent Entity Disclosures 51 4 (Loss) Earnings Per Share 75 30 Segment Reporting 52 5 Income Tax 76 31 Financial Risk Management Objectives and 53 6 Dividends Declared Policies 54 7 Cash and Cash Equivalents / Financing Facilities 82 32 Non-Key Management Personnel Related Party 55 8 Trade and Other Receivables Transactions 56 9 Inventories 83 33 Finance Lease Resulting from Sale and 56 10 Goodwill and Other Intangible Assets Long-Term Leaseback 57 11 Other Assets and Film Distribution Royalties 83 34 Business Combination 58 12 Investments – Equity-Accounted 84 35 Deed of Cross Guarantee 60 13 Interests in Joint Operations 86 Directors’ Declaration 60 14 Subsidiaries 87 Independent Auditor’s Report 62 15 Property, Plant & Equipment 92 Additional Information 63 16 Trade and Other Payables 1 VILLAGE ROADSHOW LIMITED – 2019 ANNUAL REPORT DIRECTORS’ REPORT Your Directors submit their report for the year ended 30 June 2019. CORPORATE INFORMATION Village Roadshow Limited (“the Company” or “VRL”) is a company limited by shares that is incorporated and domiciled in Australia. The registered office and principal administrative office of the Company is located at Level 1, 500 Chapel Street, South Yarra, Victoria 3141. DIRECTORS AND SECRETARIES The names of the Directors and Secretaries of the Company in office during the financial year and until the date of this report are: Directors Robert G. Kirby Timothy M. Antonie Graham W. Burke Jennifer Fox Gambrell John R. Kirby Peter C. Tonagh (Appointed 18 July 2019) David J. Evans (Retired 22 November 2018) Julie E. Raffe (alternate for Messrs. R.G. Kirby and G.W. Burke) Robert Le Tet Company Secretaries Shaun L. Driscoll (Retired 22 February 2019) Simon T. Phillipson (Appointed 22 February 2019) Julie E. Raffe The qualifications and experience of the Directors and Secretaries and the special responsibilities of the Directors are set out below. Directors Robert G. Kirby AO Executive Chairman, Executive Director First joined the Board on 12 August 1988, reappointed 5 July 2001. Holds a Bachelor of Commerce with over 40 years experience in the entertainment and media industry. Chairman of Village Roadshow Limited 1994 to 1998, 2002 to 2006 and from June 2010 to November 2013. Co-Executive Chairman and Co-Chief Executive Officer November 2013 to August 2018 when he became Executive Chairman. Deputy Chairman Village Roadshow Limited 1990 to 1994, 1998 to 1999, 2001 to 2002, and 2006 to June 2010. Through the launch of Roadshow Home Video, Mr. Kirby was the driving force behind the Australian video revolution of the 1980’s and 1990’s. He is a pioneer of new cinema concepts in both Australia and internationally and has been at the forefront of Village Roadshow’s successful diversification into theme parks, radio and international film production. Director of Village Roadshow Corporation Pty. Ltd., Former Board member and Deputy Chair of Peter MacCallum Cancer Foundation for 15 years, Member of Patrons Council of Epilepsy Foundation and Patron of Arts Centre Melbourne. Member Executive Committee Other Listed Public Company Directorships in previous 3 years: Nil Graham W. Burke AO Chief Executive Officer, Executive Director Member of the Board since 9 September 1988. Chief Executive Officer of Village Roadshow Limited from 1988 to 29 November 2013 and Co-Executive Chairman and Co-Chief Executive Officer from November 2013 to August 2018 when he became Chief Executive Officer. With unrivalled experience in the entertainment and film industries, Mr. Burke has been one of the strategic and creative forces behind Village Roadshow’s development and founded Roadshow Distributors with the late Mr. Roc Kirby. Mr. Burke has been integral to strategically developing Warner Bros. Movie World and Village Roadshow’s involvement with Sea World as well as ongoing Australian and international film production. Chairman of Creative Content Australia (formerly IP Australia Foundation) from March 2016. Director Village Roadshow Corporation Pty. Ltd. Chairman Executive Committee Other Listed Public Company Directorships in previous 3 years: Nil 2 VILLAGE ROADSHOW LIMITED – 2019 ANNUAL REPORT DIRECTORS’ REPORT (continued) DIRECTORS AND SECRETARIES (continued) Directors (continued) John R. Kirby AM, D Univ Non-Executive Director Bachelor of Economics, University of Tasmania. Honorary Doctor, Griffith University. Member of the Australian Society of Accountants. Chairman of Village Roadshow Corporation Pty. Ltd. Mr. Kirby has held a wide number of executive positions in cinema exhibition, film distribution, radio, theme parks, construction and strategy over his 45 years within Village Roadshow, and has been at the forefront of many of the Group’s successful growth outcomes today. Currently Chairman of the Sony Foundation Australia, and Victoria University Confucius Institute, Director Asia Pacific Screen Academy and Queensland College of Arts. Previously Chairman, Village Roadshow Limited and Austereo Limited. He was Chairman of The Salvation Army Advisory Board and Red Shield Appeal, Deputy Chairman of The Conversation Media Group, former Director of IMNIS and former Director of Jigsaw Foundation at the Royal Children’s Hospital, Surf Life Saving Australia Foundation, Griffith University Advisory for CILECT Congress. Former Chairman of Sponsors Appeal Committee of the Victorian College of the Arts, and former Deputy Chairman of the Interim Council of the National Film and Sound Archive. Former member of the Victorian Premier’s Multi Media Task Force, Victorian Advisory Council of the Australian Opera, and Progressive Business Victoria and former advisor, Commando Welfare Trust. Other Listed Public Company Directorships in previous 3 years: Nil Robert Le Tet Independent Non-Executive Director Member of the Board since 2 April 2007. Holds a Bachelor of Economics Degree from Monash University and
Load more

Recommended publications
  • Entertainment
    ENTERTAINMENT ANNUAL REPORT 2011 PROFILE Village Roadshow was founded by Roc Kirby and first commenced business in 1954 in Melbourne, Australia and has been listed on the Australian Securities Exchange since 1988. Still based in Melbourne, Village Roadshow Limited (‘VRL’) is a leading international entertainment company with core businesses in Theme Parks, Cinema Exhibition, Film Distribution and Film Production and Music. All of these businesses are well recognised retail brands and strong cash flow generators - together they create a diversified portfolio of entertainment assets. Theme Parks Village Roadshow has been involved in theme and Sea World Helicopters; parks since 1989 and is Australia’s largest • Australian Outback Spectacular; and theme park owner and operator. • Paradise Country and Village Roadshow On Queensland’s Gold Coast VRL has: Studios. • Warner Bros. Movie World, the popular VRL is moving forward with plans to build movie themed park; Australia’s newest water theme park, • Sea World, Australia’s premier marine Wet‘n’Wild Sydney, with site development theme park; to begin in the 2012 calendar year. • Wet‘n’Wild Water World, one of the world’s VRL’s overseas theme parks are: largest and most successful water parks; • Wet’n’Wild Hawaii, USA; and • Sea World Resort and Water Park, • Wet’n’Wild Phoenix, Arizona USA. Cinema Exhibition Showing movies has a long tradition with at 8 sites in the United States and 12 screens Village Roadshow, having started in 1954 in the UK. VRL continues to lead the world with the first of its drive–in cinemas. Today with industry trends including stadium Village Cinemas jointly owns and operates seating, digital projection, 3D blockbuster 506 screens across 50 sites in Australia, 73 movies and the growth category of premium screens at 9 sites in Singapore, 59 screens cinemas including Gold Class.
    [Show full text]
  • What Killed Australian Cinema & Why Is the Bloody Corpse Still Moving?
    What Killed Australian Cinema & Why is the Bloody Corpse Still Moving? A Thesis Submitted By Jacob Zvi for the Degree of Doctor of Philosophy at the Faculty of Health, Arts & Design, Swinburne University of Technology, Melbourne © Jacob Zvi 2019 Swinburne University of Technology All rights reserved. This thesis may not be reproduced in whole or in part, by photocopy or other means, without the permission of the author. II Abstract In 2004, annual Australian viewership of Australian cinema, regularly averaging below 5%, reached an all-time low of 1.3%. Considering Australia ranks among the top nations in both screens and cinema attendance per capita, and that Australians’ biggest cultural consumption is screen products and multi-media equipment, suggests that Australians love cinema, but refrain from watching their own. Why? During its golden period, 1970-1988, Australian cinema was operating under combined private and government investment, and responsible for critical and commercial successes. However, over the past thirty years, 1988-2018, due to the detrimental role of government film agencies played in binding Australian cinema to government funding, Australian films are perceived as under-developed, low budget, and depressing. Out of hundreds of films produced, and investment of billions of dollars, only a dozen managed to recoup their budget. The thesis demonstrates how ‘Australian national cinema’ discourse helped funding bodies consolidate their power. Australian filmmaking is defined by three ongoing and unresolved frictions: one external and two internal. Friction I debates Australian cinema vs. Australian audience, rejecting Australian cinema’s output, resulting in Frictions II and III, which respectively debate two industry questions: what content is produced? arthouse vs.
    [Show full text]
  • SQ Annual Review 2017-18
    17 > Celeste ANNUAL REVIEW 18 CONTACT Head Office Address: Gold Coast Office Address: Suite 1/30 Florence Street c/o Village Roadshow Studios Newstead Qld 4006 Building 9A, Entertainment Road Australia Oxenford QLD 4210 T. +61 7 3248 0500 Australia E. [email protected] Postal Address: PO Box 15094 City East Brisbane Qld 4002 Australia Screen Queensland's purpose is to grow the screen industry to be a significant contributor to the economic and cultural wellbeing of Queensland. > Harrow Screen Queensland ACN 056 169 316 ABN 20 056 169 316 Published by Screen Queensland 2018 Also published on screenqld.com.au -------------------------------------------------------------------------------------------------------------------------------------------------------- All figures noted in this Annual Report, including Queensland Production Expenditure (QPE) and jobs, are for the productions given funding in the 2017-18 Financial Year which may or may not have gone into principal photography. > Cover image - Tidelands In the 2017–18 Financial Year, Screen Queensland funded 28 film and television screen productions and games, which generated an estimated $168 million in direct Queensland Production Expenditure (QPE) and more than 1,960 employment opportunities for Queenslanders. > CONTENTS Message from The Premier of Queensland 5 Screen Queensland Chair 7 Look What We Achieved Together 8 2017-18 Highlights 10 Production in Queensland 14 New Initiatives in Screen 18 Screen Support Programs 26 Production Attraction Funding Program 30 Dora the
    [Show full text]
  • Financial Year 2019 Results for Personal Use Only Use Personal For
    VILLAGE ROADSHOW LIMITED Financial year 2019 results For personal use only VRL FY19 results 29 August 2019 VRL FY19 briefing details 29 AUGUST 2019 2:00 PM AEST Access a webcast of the briefing by following this link: https://services.choruscall.com.au/webcast/vrl-190829.html Alternatively, to pre-register for the teleconference and avoid a queue when calling, please follow the link below. You will be given a unique pin number to enter when you call which will bypass the operator and give you immediate access to the event. http://villageroadshow.com.au/investors/corporate-diary/teleconferences#/ If unable to register, call 1800 455 963 (Australia Toll Free) at the time of the conference and advise that you wish to join the Village Roadshow FY19 Results Teleconference. For personal use only VRL FY19 results 2 “VRL is well positioned in the ‘experience economy’, where people are buying ‘experiences’ rather than ‘things’.” “We are very pleased with the improved operating performance delivered so far, our stronger balance sheet, and the return to paying dividends. VRL is well placed for For personal use only sustainable growth in earnings and cash flow.” VRL recovery continues, driven by the delivery of outstanding customer experiences • VRL group EBITDA1 $124.9m, up 37% on prior year (FY18: $90.9m) • Substantial improvement in operating cash flow up from $21.4m in FY18 to $82.4m in FY19 • Theme Parks’ FY19 EBITDA ($76.5m), up 100% on FY18 ($38.3m) following continued success of ticketing strategy, coupled with good weather • Cost reduction program implemented in FY19, will deliver annualised savings in excess of $10 million across the VRL group • Strong balance sheet with leverage2 reduced to 1.76x (FY18 3.73x) • Sale of Edge to Blackhawk Network (Australia) agreed • Commitment to enhancing shareholder returns - fully-franked final FY19 dividend of 5 cents per share declared For personal use only Notes: 1EBITDA is Earnings Before Interest, Tax, Depreciation and Amortisation, excluding Material Items and Discontinued Operations.
    [Show full text]
  • *Paper Voucher, Free Cancellation* 3 Day Pass to Gold Coast 3 Theme Parks - Unlimited Entry to Movie World, Sea World and Wet'n'wild
    *Paper Voucher, Free Cancellation* 3 Day Pass to Gold Coast 3 Theme Parks - Unlimited entry to Movie World, Sea World and Wet'n'Wild • Valid for 3 days • Instant Confirm 1. Unlimited entry to Movie World 1. Transport from/to hotels 2. Unlimited entry to Sea World 2. Food & beverages not listed as Inclusions 3. Unlimited entry to Wet'n'Wild 3. Souvenirs 4. Valid any 3 days during 5 consecutive days since the 4. Travel Insurance activation at the first entered theme park (Holders still enjoys 3 5. Any optional extra items (including but not limited to rides / days of unlimited entries to Movie World, Sea World and shows / encounters / experiences / photo packages) that are WetnWild World. The extended 5 day period will give more not included in the standard admission. All optional extra items flexibility for travellers to tailor to their travel needs.) are at own expense. 5. Rates valid for travel until 29/11/2021 (Paper voucher, free cancellation until 24 hours prior to the booked travel date) Depature point 【Wet'n'Wild Covid Operating Hours】 3rd July - 18th July 2021: ● Monday - Sunday – 10:00 - 16:00 19th July - 12th September 2021: ● Monday, Tuesday and Wednesday – Closed ● Thursday, Friday, Saturday and Sunday – 10:00 - 16:00 ANZAC Day - Sunday 25th April 2021 - CLOSED How to get there ● By Car - Movie World Pacific Motorway, Oxenford, Gold Coast, QLD 4210 - Sea World Seaworld Drive, Main Beach, Gold Coast, QLD 4217 - Wet'n'Wild Pacific Motorway, Gold Coast QLD 4210 - Free Onsite parking available outside the theme parks ● By Public Transport Unfortunately there is no direct public transport available.
    [Show full text]
  • Unifying Global Preproduction, Production and Postproduction •
    Unifying Global Preproduction, Production and Postproduction • MAY 2011 Universal Virtual Stage 1 (USV1) Photo credit: Gory Krueger n1893,Thomas Edison built the first movie movements in from interior to exterior or exte- Olympic tourist travels that will be in London," studio in the United States when he con- rior to interior," explains Dave Beanes, Universal says Perry Husman, VP of studio operations at Istructed Black Maria, a tar-paper-covered Studios' SVP of production services. "The key Warner Bros. studio facilities. structure near his laboratories in West Orange, was to give the production, directors and the G-Star Studios is based at G-Star School of N.J. He then distributed the images he shot on cinematographers a lot more options on how the Arts for Motion Pictures and Broadcasting in film at vaudeville theaters, penny arcades, wax they could use camera placement to enhance Palm Springs, Fla., and it has recently announced museums and various fairgrounds. By the mid- the shot that they needed." the completion of its new soundstage. G-Star's 1920s, a few American production companies The company also converted one of its stages motion-picture production complex has over developed into wealthy film-industry conglom- into a full green-screen stage. "Universal Virtual 100,000 square feet, and the entire movie studio erates that owned their own studios, distribution Stage 1 (UVS1) opened at Universal Studios last and new soundstage are offered to filmmakers divisions and theaters, along with contracts for December," says Aaron Rogers NBC Universal at no charge. It was constructed and engineered performers and other filmmaking personnel.
    [Show full text]
  • Thorragnarok59d97e5bd2b22.Pdf
    ©2017 Marvel. All Rights Reserved. CAST Thor . .CHRIS HEMSWORTH Loki . TOM HIDDLESTON Hela . CATE BLANCHETT Heimdall . .IDRIS ELBA Grandmaster . JEFF GOLDBLUM MARVEL STUDIOS Valkyrie . TESSA THOMPSON presents Skurge . .KARL URBAN Bruce Banner/Hulk . MARK RUFFALO Odin . .ANTHONY HOPKINS Doctor Strange . BENEDICT CUMBERBATCH Korg . TAIKA WAITITI Topaz . RACHEL HOUSE Surtur . CLANCY BROWN Hogun . TADANOBU ASANO Volstagg . RAY STEVENSON Fandral . ZACHARY LEVI Asgardian Date #1 . GEORGIA BLIZZARD Asgardian Date #2 . AMALI GOLDEN Actor Sif . CHARLOTTE NICDAO Odin’s Assistant . ASHLEY RICARDO College Girl #1 . .SHALOM BRUNE-FRANKLIN Directed by . TAIKA WAITITI College Girl #2 . TAYLOR HEMSWORTH Written by . ERIC PEARSON Lead Scrapper . COHEN HOLLOWAY and CRAIG KYLE Golden Lady #1 . ALIA SEROR O’NEIL & CHRISTOPHER L. YOST Golden Lady #2 . .SOPHIA LARYEA Produced by . KEVIN FEIGE, p.g.a. Cousin Carlo . STEVEN OLIVER Executive Producer . LOUIS D’ESPOSITO Beerbot 5000 . HAMISH PARKINSON Executive Producer . VICTORIA ALONSO Warden . JASPER BAGG Executive Producer . BRAD WINDERBAUM Asgardian Daughter . SKY CASTANHO Executive Producers . THOMAS M. HAMMEL Asgardian Mother . SHARI SEBBENS STAN LEE Asgardian Uncle . RICHARD GREEN Co-Producer . DAVID J. GRANT Asgardian Son . SOL CASTANHO Director of Photography . .JAVIER AGUIRRESAROBE, ASC Valkyrie Sister #1 . JET TRANTER Production Designers . .DAN HENNAH Valkyrie Sister #2 . SAMANTHA HOPPER RA VINCENT Asgardian Woman . .ELOISE WINESTOCK Edited by . .JOEL NEGRON, ACE Asgardian Man . ROB MAYES ZENE BAKER, ACE Costume Designer . MAYES C. RUBEO Second Unit Director & Stunt Coordinator . BEN COOKE Visual Eff ects Supervisor . JAKE MORRISON Stunt Coordinator . .KYLE GARDINER Music by . MARK MOTHERSBAUGH Fight Coordinator . JON VALERA Music Supervisor . DAVE JORDAN Head Stunt Rigger . ANDY OWEN Casting by . SARAH HALLEY FINN, CSA Stunt Department Manager .
    [Show full text]
  • Marvel Studios Presenta Un Film Di Taika Waititi Chris Hemsworth Tom
    Marvel Studios Presenta un film di Taika Waititi Chris Hemsworth Tom Hiddlest on Cate Blanchett Idris Elba Jeff Goldblum Tessa Thompson Karl Urban Mark Ruffalo Anthony Hopkins Regia di Taika Waititi Sceneggiatura di Eric Pearson, Craig Kyle & Christopher Yost Prodotto da Kevin Feige Produttori esecutivi Louis D’Esposito, Victoria Alonso, Brad Winderbaum, Thomas M. Hammel e Stan Lee Scenografie di Dan Hennah e Ra Vincent Direttore della fotografia Javier Aguirresarobe, A.S.C. Montaggio di Joel Negron Costumi di Mayes C. Rubeo Supervisore degli effetti visivi Jake Morrison Musiche di Mark Mothersbaugh Social Network https://fb.com/ThorIlFilm https://twitter.com/MarvelNewsIT https://instagram.com/DisneyFilmItalia Hashtag #ThorRagnarok Data d’uscita: 25 ottobre 2017 Distribuzione: The Walt Disney Company Italia Durata: 130 minuti Materiali Stampa: www.image.net ! !1 Marvel Studios presenta Thor: Ragnarok, la nuova esaltante avventura del Dio del Tuono nell’Universo Cinematografico Marvel, ricca di azione, umorismo, dramma e spettacolo. Nel film, Thor è imprigionato dall’altra parte dell’universo senza il suo potente martello e deve lottare contro il tempo per tornare ad Asgard e fermare il Ragnarok — la distruzione del suo mondo e la fine della civiltà asgardiana— per mano di una nuova e onnipotente minaccia, la spietata Hela. Ma prima dovrà sopravvivere a un letale scontro fra gladiatori che lo metterà contro il suo vecchio alleato e compagno nel team degli Avengers: l’Incredibile Hulk! Chris Hemsworth (Rush, Heart of the Sea – Le Origini
    [Show full text]
  • The Storytellers Guide to the Gold Coast
    ISSUE 1 | 1 STORYTELLING IN THIS ISSUE MADE EASY For some of us, we could get a little misty eyed when talking about our beach side patch. For others, it’s difficult to even know where to 06 08 begin. This guide is designed to help ABOUT THE REGION NEIGHBOURHOODS all storytellers find their unique angle All the basics, including Our four regions each on the Gold Coast. Before we begin, a quick history and facts. with a flavour of its own. there are a few things you should know... Epic places for you to uncover. Supporting content on this topic is ready for download 10 16 using the link provided. SURF TASTE The iconic salty Cafes and night bites, We’ve teed up some local goodness that fuels us. street-eats, breweries. storytellers keen to chat with you. Bring your story to life with licence-free photography ready for download using the link provided. 24 30 ESCAPE PLAY We’ve got moving footage that Feel your shoulders sink Theme parks, shopping you can use to enhance your away in the hinterland. and coastal luxe. own storytelling. Check out the website provided for further information. 40 46 CULTURE WHAT’S ON Uncover a place carving Open your hearts with it’s own cultural wave. events that move you. ISSUE 1 | 3 LOOKING FOR MORE CONTENT? CONTENT ON DEMAND FOLLOW Go straight to the source with access to some Join the millions of others worldwide getting of the best content from those in the know. daily inspiration (with a healthy side of holiday Register online for around-the-clock access envy) served straight to their device.
    [Show full text]
  • View Annual Report
    CONTENTS 01 | CORPORATE REVIEW 09 | FINANCIAL REPORT 75 | ADDITIONAL INFORMATION Village Roadshow was founded by Roc Kirby in Melbourne, Australia in 1954 and has been listed on the Australian Securities Exchange since 1988 (ASX: VRL). Since these humble beginnings, VRL has become a leading entertainment company with strong cashflow generating businesses and well recognised retail brands. Village Roadshow holds a diversified portfolio of assets including Theme Parks, Cinema Exhibition, Film Distribution, Marketing Solutions and Film Production, entertaining millions of people annually. THEME PARKS Village Roadshow has been involved in theme parks since 1989, is Australia’s leading theme park developer and owner, and is one of the pre-eminent theme park operators in the world. In Australia, this includes Warner Bros. Movie World, Sea World, Wet’n’Wild Gold Coast, Paradise Country, Australian Outback Spectacular and Sea World Resort on Queensland’s Gold Coast, and Wet’n’Wild Sydney. Village Roadshow Theme Parks (“VRTP”) also operates and has majority ownership in Wet’n’Wild Las Vegas. VRTP has a program of development including Topgolf in Australia and theme park opportunities in Asia. CINEMA EXHIBITION Cinema Exhibition is where Village Roadshow started, with its first drive-in cinema opening in 1954. Today Village Roadshow jointly owns and operates a combined 784 screens at 83 sites operating predominantly in Australia. VRL continues to drive and embrace innovation, with 3D blockbuster movies and premium cinema concepts including Gold Class, max, premium and Junior. VRL is continuing to invest in the expansion of premium cinema concepts and new entertainment offerings and developments, including in new population areas.
    [Show full text]
  • Village Roadshow Limited
    village roaDshow limiteD Village Roadshow first commenced business in 1954 in Melbourne, Australia and profile has been listed on the Australian Securities Exchange since 1988. Still based in Melbourne, Village Roadshow Limited (‘VRL’) is a leading international entertainment and media company with core businesses in Theme Parks and Attractions, Film Production and Music, Cinema Exhibition, Film Distribution and Radio. All of these businesses are well recognised retail brands and strong cash flow generators - together they create a diversified portfolio of entertainment and media assets. Village Roadshow has been • Australian Outback VRL has plans to build Australia’s theme involved in theme parks since Spectacular; and newest water theme park, Wet ‘n’ parks AND 1989 and is Australia’s largest • Paradise Country and Village Wild Sydney, expected to open in theme park owner and operator. Roadshow Studios. the summer of 2013/14. ATTRACTIONS On Queensland’s Gold Coast VRL In Sydney VRL’s attractions VRL’s overseas theme parks and has: include: attractions include: • Warner Bros. Movie World, the • the iconic Sydney Aquarium; • Kelly Tarlton’s Antarctic popular movie themed park; • Sydney Wildlife World; Encounter and Underwater World in Auckland, New • Sea World, Australia’s premier • Sydney Tower, Sky Walk and Oz Zealand; marine theme park; Trek; • Wet ’n’ Wild Hawaii, USA; and • Wet ‘n’ Wild Water World, one of • Shark Dive Extreme at Manly the world’s largest and most Oceanworld; and • Wet ’n’ Wild Phoenix, Arizona successful water parks; USA. • the tourist fauna park Hamilton • Sea World Resort and Water Island Wildlife Park in Park; Queensland. Village Roadshow has been having won 8 Academy Awards the Ocean’s trilogy, Charlie and film involved in the movie business and 3 Golden Globe Awards for the Chocolate Factory, Happy production since the 1960’s.
    [Show full text]
  • Transforming the Tourist City Into a Knowledge and Healthy City: Reinventing Australia's Gold Coast
    © Institute of Knowledge Asset Management - ISBN 978-88-96687-08-6 Proceedings of IFKAD-KCWS 2012, Matera (IT) 13-15 June 2012 www.knowledgeasset.org/IFKAD Transforming the Tourist City into a Knowledge and Healthy City: Reinventing Australia’s Gold Coast Daniel O’Hare* Institute of Sustainable Development and Architecture Bond University Gold Coast, Queensland 4229 Australia Bhishna Bajracharya Institute of Sustainable Development and Architecture Bond University Isara Khanjanasthiti Institute of Sustainable Development and Architecture Bond University * Corresponding author Structured Abstract Purpose – With rapid growth of Australia’s Gold Coast into a tourist consumption city (Mullins 2008) of half a million people, Gold Coast City Council (GCCC) seeks to diversify the city’s economy, lifestyle and culture. This paper investigates this transformation by reviewing policies, projects and programs arising from GCCC visions of a healthy city benefiting from knowledge based urban development (KBUD) (Yigitcanlar et al., 2008). Secondly, the paper aims to identify opportunities and challenges in developing the emerging cosmopolitan city as a knowledge and healthy city. The paper focuses not only on larger knowledge and health nodes along major highways but also investigates the potential for developing a network of smaller nodes with active transport, thus providing a more holistic and integrated perspective for long term sustainability of the city and region. Design/methodology/approach – The research is based on documentary research of secondary materials such as government policy documents and plans relating to economic development, major infrastructure projects, urban design and community planning. The documentary research is supplemented by spatial analysis including field visits to the major and minor knowledge/health nodes in their urban/suburban contexts.
    [Show full text]