Core Insights - Reading Cinemas at Valley Plaza Mall is undergoing a multi-million-dollar renovation aimed at enhancing the guest experience, expected to be completed by January 2026 [1] - The cinema is introducing recliner seating in its IMAX and TITAN LUXE auditoriums, providing a more comfortable viewing experience [2][3] - A new loyalty program will launch in December, offering rewards and discounts to members [6][7] Renovation and Upgrades - The renovation includes the addition of recliner seats in the IMAX auditorium, which is the only one with such seating within 100 miles of Bakersfield [3] - The TITAN LUXE auditorium features a 57-foot wide and 32-foot tall screen with 4K DLP projection and DOLBY ATMOS sound system, enhancing the cinematic experience [3] - Premium recliner seating is being introduced in multiple auditoriums, with the first three available now and five more expected in January 2026 [4] Ticketing and Pricing - Movie ticket prices for traditional auditoriums will drop to $8 all day for all ages, alongside a Half-Price Tuesday program offering 50% off all tickets [8] - Tickets are currently on sale for various films, including "Wicked: For Good" and "Avatar: Fire & Ash" [4][5] Food and Beverage Enhancements - A new food and beverage menu has been introduced, featuring items like Elote and various adult beverages, designed for enjoyment in the new recliner seating [9][11][15] - The revamped menu includes a variety of snacks and meals that can be ordered in advance through the Reading Cinemas app [11] Loyalty Program - The new loyalty program will feature both free and premium membership options, rewarding guests with points for every dollar spent on tickets and food [6][7] - Members will receive special perks, including discounts on food and drinks, and exclusive offers throughout the year [6][7]

IMAX now offers heated recliner seats, new premium TITAN LUXE has arrived and comfortable recliners added to multiple auditoriumsBAKERSFIELD, Calif., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Reading Cinemas at the Valley Plaza Mall in Bakersfield, California, an affiliate of Reading International, Inc. (NASDAQ: RDI), today revealed a major cinema makeover and guest experience improvements. A multi-million-dollar renovation is underway and expected to be finally completed in January 2026. IMAX now features Recliner ...

Core Points - Reading International, Inc. will hold its 2025 Annual Meeting of Stockholders virtually on December 4, 2025, at 2:00 p.m. Eastern Time [1] - Registered stockholders as of October 14, 2025, are entitled to attend and vote at the virtual meeting [2] - The company plans to commence electronic mailing of the notice and definitive Proxy Statement on or about October 24, 2025 [3] Company Overview - Reading International, Inc. is a diversified cinema and real estate company operating in the United States, Australia, and New Zealand [4] - The company operates multiple cinema brands, including Reading Cinemas, Consolidated Theatres, and the Angelika brand, along with live theatres under the Liberty Theaters subsidiary [5] - Signature property developments include Newmarket Village in Brisbane, Australia, and 44 Union Square in New York City [5]

Core Insights - Kinepolis experienced a strong second quarter in 2025, driven by a robust lineup of international blockbusters and an effective premiumisation strategy [1][5] Group 1: Financial Performance - Visitor numbers increased by 17.3% in the second quarter compared to the same period last year, leading to a 2.2% increase in visitors and a 6.2% increase in revenue for the first half of the year [2] - Revenue per visitor rose due to higher demand for premium experiences, with adjusted EBITDAL increasing by 22.6% to €46.4 million, resulting in a net profit of €7.0 million [3] - The company secured a new €160.0 million expandable revolving credit facility in June, enhancing its financial solidity and supporting future growth [3][5] Group 2: Strategic Developments - The company is expanding its premium offerings, including the rollout of 9 new IMAX screens, with 2 already opened, and further expansion of ScreenX and Laser ULTRA in Belgium, the US, and Canada [8] - Self-service ordering kiosks for drinks and snacks are being introduced in Canadian cinemas, and an RP1 Entertainment & Gaming Lounge has opened in MJR Southgate, US [8] - The appointment of Hans Van Acker as Chief Strategic Businesses & Development indicates a focus on strategic growth and innovation [8]

Core Points - Reading International, Inc. is scheduled to participate in Sidoti's Virtual Micro-Cap Investor Conference on May 21-22, 2025 [1] - The company's Executive Vice President – Global Operations, Andrzej Matyczynski, will present virtually on May 22, 2025, at 10:45 A.M. Eastern time, discussing financial results, business outlook, and capital allocation strategy [2] - The investor presentation will be available on the company's corporate website after the conference [3] Company Overview - Reading International, Inc. is an internationally diversified cinema and real estate company with operations in the United States, Australia, and New Zealand [4] - The company operates various cinema brands, including Reading Cinemas, Consolidated Theatres, and Angelika, and owns live theatres under the Liberty Theaters subsidiary [5] - Signature property developments include Newmarket Village in Brisbane, Australia, and 44 Union Square in New York City [5]

Core Insights - Reading International, Inc. reported a total revenue of $40.2 million for Q1 2025, a decrease of 11% from $45.1 million in Q1 2024, primarily due to lower cinema attendance and unfavorable foreign exchange rates [9][27] - The company experienced an operating loss of $6.9 million, which improved by 8.5% compared to the operating loss of $7.5 million in Q1 2024, marking the best first quarter operating result since 2019 [9][28] - The real estate division saw a significant increase in operating income, up 79% to $1.6 million compared to $890,000 in Q1 2024, driven by the sale of property assets [7][28] Financial Performance - Global cinema revenue decreased by 12% to $36.4 million, with an operating loss of $4.5 million, compared to a loss of $4.2 million in Q1 2024 [8][9] - The company recorded a positive EBITDA of $2.9 million, an improvement of 173% from an EBITDA loss of $4.0 million in Q1 2024 [9][29] - Basic loss per share improved by 64% to $0.21 from $0.59 in Q1 2024, with a net loss attributable to Reading of $4.8 million, down from $13.2 million in the same period last year [9][24] Operational Highlights - The cinema business faced challenges due to a weaker film slate and the lingering impacts of the 2023 Hollywood strikes, leading to lower attendance across all markets [5][6] - The company closed two underperforming cinemas, one in the U.S. and one in New Zealand, as part of its strategy to enhance operational efficiency [5][6] - The real estate division achieved its highest operating income since Q2 2018, with a notable sale of real property assets in Wellington, New Zealand for NZ$38.0 million, resulting in a gain of NZ$11.6 million [7][9] Balance Sheet and Liquidity - As of March 31, 2025, the company reported cash and cash equivalents of $5.9 million and total gross debt of $186.6 million, a decrease of 7.9% from the previous quarter [12][25] - The total assets decreased to $441.0 million from $471.0 million as of December 31, 2024, reflecting the impact of asset sales and operational adjustments [25][26] - The company is contracted to sell additional real estate assets in Australia for AU$32 million, with plans to use the proceeds to pay down debt [12]