Business
Reading International Announces State-of-the-Art Cinema for Millers Junction, Melbourne, Australia
Expected to open mid-2020 CULVER CITY, Calif.--(BUSINESS WIRE)-- Reading International, Inc. (NASDAQ: RDI) (“Reading”) today announced that it will open a
About this update from Reading International Inc
[{"type":"text","content":"\nExpected to open mid-2020\n\n CULVER CITY, Calif.--(BUSINESS WIRE)--\nReading International, Inc. (NASDAQ: RDI) (“Reading”) today announced that it will open a state-of-the-art cinema as part of the Millers Junction retail development in Melbourne, Australia in mid-2020.\n\n\nReading Cinemas Millers Junction will showcase the highest quality in Australian cinema as Western Melbourne’s first premium TITAN LUXE auditorium with convenient reserved seating, the newest Dolby Atmos immersive sound and enhanced food and beverage offerings. The new cinema will also feature reclining seats in all auditoriums to ensure maximum comfort for guests.\n\n\nThe new six-screen Reading Cinemas will be positioned within the well-established retail precinct, on Millers Road, Altona North. “We are excited to partner with Charter Hall to bring such an advanced cinema to the inner western region of Melbourne,” said Mark Douglas, Reading Cinemas Australia’s Managing Director. “Altona North is a thriving area and we look forward to providing a theatrical experience for our new guests that is of a world class standard.”\n\n\nWorks are nearing completion on the $70 million Millers Junction redevelopment which commenced late in 2018 and will open its first stage later this year. This follows the successful completion of Stage 1 of Millers Junction Business which opened in late 2018, and Stage 2 which will complete in early in 2020.\n\n\nCharter Hall’s Head of Diversified Development, Ben Dodwell, said “The deal with Reading Cinemas will see us welcoming this global brand to our mix at Millers Junction. Reading Cinemas have been a market leader in leisure and entertainment innovation; especially making the cinema experience accessible in Australia. Reading Cinemas, together with other local institutions such as the Jolly Miller Cafe, will complement the Millers Junction offer and pitch to local people who will soon be entertained and have a better range of shops and businesses in their local community.”\n\n\nAbout Reading International, Inc.\n\n\nReading International, Inc. (NASDAQ: RDI) is a leading entertainment and real estate company, engaging in the development, ownership and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand.\n\n\nThe family of Reading brands includes cinema brands R...