Industry background: Theme parks have had a tough time since the tragedy that killed four people at Dreamworld, owned by Village Roadshow's rival Ardent Leisure, in 2016. Attendances have fallen dramatically between the 2016 and 2019 financial years.
Meanwhile, cinemas, which are heavily reliant on the upcoming movie slate, have been disappointed by Australian box office takings recently, apart from Marvel hit Avengers: Endgame.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
