Reading International, Inc. (NASDAQ:RDI) announced today that it has
reached an agreement with Charter Hall regarding its continued lease of
the Cinema located at Riverdale shopping centre in Dubbo, Australia.
Reading has operated the cinema complex since June 1999 and the Company
looks forward to maintaining its strong relationship with the Dubbo
community.
Reading Entertainment’s Managing Director, Wayne Smith, said: “It’s a
great outcome for all concerned, although more so for our loyal
customers who have supported the cinema for many years. We are very
excited about the cinema’s future, staying in Dubbo and providing the
best entertainment we can. Late last year the cinema was fitted out with
world class digital projection systems that have greatly improved the
film presentation therefore it’s a natural progression for the complex
to undergo a face lift and refurbishment which is planned for September
this year. We look forward to showcasing our new offer and kicking off a
brand new era of movie going in Dubbo.”
Reading will host a ‘red carpet’ film premiere night upon completion of
the refurbishment and locals will have an opportunity to win tickets to
the event.
About Reading International, Inc.
Reading International (http://www.readingrdi.com)
is in the business of owning and operating cinemas and developing,
owning and operating real estate assets. Our business consists primarily
of:
the development, ownership and operation of multiplex cinemas in the
United States, Australia and New Zealand; and
the development, ownership, and operation of retail and commercial
real estate in Australia, New Zealand, and the United States,
including entertainment-themed retail centers (“ETRC”) in Australia
and New Zealand and live theater assets in Manhattan and Chicago in
the United States.
Reading manages its worldwide business under various different brands:
in the United States, under the
Reading brand (http://www.readingcinemasus.com);
Angelika Film Center brand (http://www.angelikafilmcenter.com);
Reading International, Inc. is an entertainment and real estate company. The Company is engaged in the development, ownership, and operation of cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. The Companyâs segments are Theatrical Motion Picture Exhibition (Cinema Exhibition), and Real Estate. The Cinema Exhibition segment is engaged in cinema experiences for its guests through hospitality-styled comfort and service, state-of-the-art cinematic presentation, designed venues, curated film, and event programming, and crafted food and beverage options. The Companyâs Real Estate segment is engaged in the real estate business through the development and its ownership and rental or licensing to third parties of retail, commercial, and live theatre assets. Its commercial brands include Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema, Angelika Anywhere, 44 Union Square, Newmarket Village, and Cannon Park.
READING INTERNATIONAL, INC. 
