Media Mayhem: Damian Keogh – ‘Government in Australia is not making business easier’
In this week’s Media Mayhem column, we chat to the CEO of HOYTS, Damian Keogh.
How is the operating environment impacting your team, clients and partners?
I think everyone recognises that times are challenging. Reporting season backed that up. While we are at nearly full employment the impact of inflation is eroding margins so most businesses such as ours and people we deal with are in strong cost control mode.
From a HOYTS Group perspective, we are in the discretional household entertainment budget sector with our cinemas and the media advertising space with Val Morgan. With HOYTS, we have seen continuous market share growth over a sustained period and for Val Morgan, we have double digit growth in 2024 in a subdued market. So, we are getting a lot of things right.
What changes are you seeing in consumer behaviour and preferences?
