Global reading company Reading International, Inc. (NASDAQ:RDIB, NASDAQ:RDI) was founded in 1937 and is headquartered in Culver City, California, USA, with 2,988 full-time employees. It is a commercial and residential property ownership management company in the United States, Australia, and New Zealand. Operate compound theaters in other places.
Reading International, Inc. (RDIB):
Reading International is engaged in the ownership, development and operation of entertainment and real estate assets in the United States, Australia and New Zealand. The company operates in two parts: Theatrical Motion Picture Exhibition (Cinema Exhibition) and Real Estate.
1. Cinema Exhibition -operating a multi-hall cinema. The division operates the cinema business under the brands Reading Cinemas, Angelika Film Centers, Consolidated Theatres, City Cinemas and Rialto.
2. Real Estate -owns, develops, leases or licenses retail, commercial and live theater assets.
As of December 31, 2017, Reading International owns 58 cinemas with a total of approximately 473 theaters; 3 on-site theaters; New York City 1 cinema; Australia 2 cinemas and New Zealand 4 Interests in movie theaters; property rights in Union Square; entertainment theme center; 70.4 acres of land; 202 acres of vacant land; interests in 2 office buildings; and approximately 20.7 million square feet of developed and undeveloped real estate assets.
As of December 31, 2019, Reading International owns 60 cinemas with a total of 498 screening halls; 3 live theaters; 1 cinema in Manhattan, New York City; 2 cinemas in Australia and 4 in New Zealand Interests in cinemas; interests in Union Square properties; interests in entertainment theme centers; interests in 70.4 acres of developable land; 50% interests in 202 acres of vacant land; interests in 2 office buildings; ownership of approximately 20.8 million square feet of development and Undeveloped real estate assets.