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Home > Company Index > Media > Movie Theaters > Reading Entertainment, Inc.

Reading Entertainment, Inc.
Nasdaq: RDGE
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 NEWS FROM THE WIRES
Citadel to consolidate with Craig and Reading
Jul 19 2001 08:06 AM PDT

More WIRE STORIES about this company

 PROFILE
Take a ride on the Reading Railroad these days and you'll probably end up at a movie house Down Under. Reading Entertainment, the direct descendant of the company made famous by the Monopoly game (but which dumped its railroad holdings in the 1970s), now develops and operates movie theaters in Australia, New Zealand, and Puerto Rico. In order to focus on its Australian and New Zealand operations, the company has sold its US holdings and is disposing of its theaters in Puerto Rico. The company now operates 165 screens in 23 cinema multiplexes. Entities controlled by chairman James Cotter and VC Craig Tompkins own about 78% of the firm. Cotter is combining his three interconnected firms; Reading, Citadel Holding, and Craig Corp.; into one company using the Citadel Holding name.

 COMPETITION
GC Companies, Inc. (GCX)
Hoyts Cinemas Limited (dossier)
National Amusements Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 42.20
1-Yr. Sales Growth: 11.6%
Employees: 553
Revenue per employee: $76,311.03

 KEY PEOPLE
• James J. Cotter
    CEO
• Andrzej Matyczynski
    CFO

 CONTACT INFO
550 South Hope St.
Los Angeles, CA 90071
US
Phone: 213-235-2226
Fax: -

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