RDI Profile
Reading International, Inc., along with its subsidiaries, is engaged in the ownership, development, and operation of entertainment and real estate assets across the United States, Australia, and New Zealand. The company operates through two primary segments: Cinema Exhibition and Real Estate. Under the Cinema Exhibition segment, it manages multiplex cinemas under several well-known brands including Reading Cinemas, Angelika Film Center, Consolidated Theatres, State Cinema, Event Cinemas, and Rialto Cinemas.
The Real Estate segment of Reading International focuses on the development, rental, and licensing of retail, commercial, and live theater assets. As of December 31, 2020, the company boasts interests in 63 cinemas with approximately 515 screens, fee interests in two live theaters, and various significant properties including 44 Union Square and a cinema in Manhattan. Additionally, it holds fee interests in two cinemas in Australia and three in New Zealand, entertainment-themed centers, two office buildings, and owns around 8.9 million square feet of both developed and undeveloped real estate assets.
Incorporated in 1999 and headquartered in New York, New York, Reading International leverages its extensive portfolio to provide diverse entertainment experiences and real estate solutions. The company's strategic operations in cinema exhibition are complemented by its robust reall estate ventures, creating a balanced and resilient business model that capitalizes on both sectors.
Reading International continues to expand its footprint and enhance its asset base, aiming to deliver long-term value to its stakeholders. Through its commitment to quality and innovation in both entertainment and real estate, the company positions itself as a leader in its industry, catering to a wide range of audiences and clients across its operational regions.
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