Associated tags: RDI, Cannon Park, Consolidated Theatres, State Cinema, Family, Belmont, Victoria, International, Film industry, Reading Cinemas, Sale, Food, Angelika Film Center, Angelika
Locations: NORTH AMERICA, READING, NYC, CULVER CITY, CA, US, UNION SQUARE, PENNSYLVANIA, CALIFORNIA, WESTERN AUSTRALIA, HOLLYWOOD, UNITED STATES, AUSTRALIA, NEW YORK CITY, NEW ZEALAND, PETCO
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Film industry NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2023.
Key Points:
- NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2023.
- Our 2023 results included $19.4 million of interest and $18.4 million of depreciation and amortization.
- Excluding the impact of real estate monetizations, this Basic Loss per Share was the best fourth quarter result since the pandemic.
- The unprecedented 2023 Hollywood Strikes impacted our Q4 2023 results and created real challenges for early 2024.
Retrieved on:
Tuesday, November 14, 2023
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Treasurer NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the third quarter ended September 30, 2023.
Key Points:
- Best Third Quarter Total Revenue, Operating Income & Adjusted EBITDA Since Q4 2019
Scheduled to Post to Corporate Website on Thursday, November 16, 2023
NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the third quarter ended September 30, 2023.
- These third quarter results for global total revenue, operating income, and adjusted EBITDA each represent the highest for any third quarter since the end of 2019.
- The changes between the third quarter of 2023 and the third quarter of 2022 were primarily attributable to the rent recognized in Q3 2023 from Petco at 44 Union Square that did not occur in the same period of the prior year.
- Questions and topics for consideration should be submitted to [email protected] by 5:00 p.m. Eastern Time on November 15, 2023.
Retrieved on:
Friday, September 29, 2023
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Music CULVER CITY, Calif., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Reading Cinemas (Australia), an affiliate of Reading International, Inc. (NASDAQ: RDI), today announced the opening of its latest cinema complex in Busselton, Western Australia.
Key Points:
- CULVER CITY, Calif., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Reading Cinemas (Australia), an affiliate of Reading International, Inc. (NASDAQ: RDI), today announced the opening of its latest cinema complex in Busselton, Western Australia.
- This marks Reading’s fourth location in Western Australia, joining complexes in Belmont, Mandurah, and the recently re-branded Reading Cinemas in Armadale.
- A brand-new Premium offering with enhanced food and beverage will showcase Reading Cinemas Busselton as the Gold standard in Australian cinema.
- “We couldn’t be more excited to join the Busselton community, in conjunction with our friends at Australian Unity,” said Mark Douglas, Managing Director of Reading Cinemas Australia.
Retrieved on:
Tuesday, September 26, 2023
NEW YORK, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) announced today that Reading will hold its 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”) virtually through a web-based platform, commencing at 2:00 p.m. Eastern Time, on December 7, 2023.
Key Points:
- NEW YORK, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) announced today that Reading will hold its 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”) virtually through a web-based platform, commencing at 2:00 p.m. Eastern Time, on December 7, 2023.
- Registered stockholders and duly appointed proxyholders, as of the close of business on October 18, 2023 (the record date for the 2023 Annual Meeting), are entitled to attend the virtual 2023 Annual Meeting.
- Details of how to register for and access the virtual 2023 Annual Meeting will be provided in the Company’s 2023 Definitive Proxy Statement.
- Whether or not Class B stockholders plan to participate in the virtual-only 2023 Annual Meeting, we urge you to vote and submit your proxy in advance of the meeting by one of the methods that will be described in the proxy materials for the 2023 Annual Meeting.
Retrieved on:
Monday, September 25, 2023
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Songbird Reading Cinemas , an affiliate of Reading International, Inc. (NASDAQ: RDI), is ushering fans into a VIP concert movie experience with Taylor Swift: The Eras Tour, opening on Friday, Oct. 13.
Key Points:
- Reading Cinemas , an affiliate of Reading International, Inc. (NASDAQ: RDI), is ushering fans into a VIP concert movie experience with Taylor Swift: The Eras Tour, opening on Friday, Oct. 13.
- Following pop icon Taylor Swift as she performs her biggest hits in the record-breaking concert, the film is setting records of its own with advance ticket sales making beautiful box office music for Reading Cinemas.
- “The response to the movie weeks from opening is a testament to Taylor Swift’s fanbase enthusiasm,” said Jennifer Deering, division manager for Reading Cinemas.
- Get the all-access scoop on tickets, showtimes, and more via the Reading Cinemas US App and website at www.ReadingCinemasUS.com.
Retrieved on:
Monday, September 25, 2023
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Winx Club: The Secret of the Lost Kingdom Angelika Film Centers , affiliates of Reading International, Inc. (NASDAQ: RDI), are ushering fans into a VIP concert movie experience with Taylor Swift: The Eras Tour, opening on Friday, Oct. 13.
Key Points:
- Angelika Film Centers , affiliates of Reading International, Inc. (NASDAQ: RDI), are ushering fans into a VIP concert movie experience with Taylor Swift: The Eras Tour, opening on Friday, Oct. 13.
- “We are delighted to be premiering the Taylor Swift: The Eras Tour concert movie at select Angelika locations,” said Scott Rosemann, division manager for Angelika Film Centers.
- The Angelika Film Centers are offering film and concert lovers an exclusive viewing experience via private watch parties, providing Swifties the chance to sing and dance alongside friends and family while viewing the film in their own VIP auditorium.
- The Angelika Film Centers are also announcing an upcoming 72-hour E-Gift Card flash sale.
Retrieved on:
Friday, September 8, 2023
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Tourism CULVER CITY, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI), a leading entertainment and real estate company, today announced it has been named a finalist in the 2023 Shopping Centre Council of Australia (“SCCA”) Marketing Awards in the category of Compelling Experiences: Small (75 stores or less) for its The New’BARK’et Markets 2022 campaign at the Newmarket Village Shopping Centre, located in the heart of North Brisbane.
Key Points:
- CULVER CITY, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI), a leading entertainment and real estate company, today announced it has been named a finalist in the 2023 Shopping Centre Council of Australia (“SCCA”) Marketing Awards in the category of Compelling Experiences: Small (75 stores or less) for its The New’BARK’et Markets 2022 campaign at the Newmarket Village Shopping Centre, located in the heart of North Brisbane.
- The SCCA awards honor all aspects of content marketing from strategy to distribution, and from editorial to visual storytelling.
- The SCCA awards gala is being held in October 2023 and will see the crowning of the ‘best of the best’ shopping centre marketing campaigns across six categories: (i) Compelling Experiences, (ii) Retailer Marketing, (iii) Brand & Partnerships, (iv) Innovation, (v) Community and (vi) Multi Centre.
- “We were thrilled to find out that our New’BARK’et Markets campaign has secured a spot as a finalist in a category that promotes compelling experiences.
Retrieved on:
Wednesday, August 23, 2023
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Woolloongabba CULVER CITY, Calif., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (“Reading”), today announced that it will open its first-ever Angelika Film Centre at South/City/SQ in Woolloongabba, Australia on Thursday August 24th.
Key Points:
- CULVER CITY, Calif., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (“Reading”), today announced that it will open its first-ever Angelika Film Centre at South/City/SQ in Woolloongabba, Australia on Thursday August 24th.
- Reading’s newest cinema venture will be the company’s first Angelika Film Centre outside of the U.S.
- “The addition of Angelika Film Centre to the South/City/SQ precinct adds another drawcard for existing residents, as well as for domestic and international tourists.
- Reading is also excited to announce their special opening week value pricing for Angelika Film Centre, with $10 tickets across all sessions, including SoHo Lounge.
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Treasurer NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the second quarter ended June 30, 2023.
Key Points:
- Scheduled to Post to Corporate Website on Wednesday, August 16, 2023
NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the second quarter ended June 30, 2023.
- President and Chief Executive Officer, Ellen Cotter said, “Our second quarter operating results were strong, with $65 million in global total revenue and $1.8 million of global operating income, delivering the best performance since the fourth quarter of 2019.
- Additionally, we are monitoring the WGA and SAG-AFTRA strikes and potential impacts to the 2023 and 2024 movie release schedules.
- The changes between the second quarter of 2023 and the second quarter of 2022 were primarily attributable to the rent recognized in Q2 2023 from our Petco tenancy at our 44 Union Square property that did not occur in the same period of the prior year.
Teenage Mutant Ninja Turtles,
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Toy Ellen Cotter, President, and Chief Executive Officer stated, “Driven by the stellar record setting opening of Barbie and Oppenheimer, our global Box Office Revenues for the weekend of July 21, 2023 delivered the best global weekend Box Office Revenues since the opening of Avengers: Endgame in April 2019.
Key Points:
- Ellen Cotter, President, and Chief Executive Officer stated, “Driven by the stellar record setting opening of Barbie and Oppenheimer, our global Box Office Revenues for the weekend of July 21, 2023 delivered the best global weekend Box Office Revenues since the opening of Avengers: Endgame in April 2019.
- The powerful marketing efforts of Warner Bros and Universal Studios, which resulted in the Barbenheimer double feature cultural phenomenon, drove the weekend Box Office Revenues for the July 21st weekend, to exceed the corresponding weekend in July 2019, on a same store basis, by almost 60%.
- Each of our cinema divisions generated impressive percentage increases over the same weekend in 2019 – the United States 76%, Australia 50% and New Zealand 46%.
- We were thrilled that Saturday, July 22, and Sunday, July 23, represented the two highest Box Office Revenue trading days in our Australian circuit’s history.
