Reading Cinemas in Australia and New Zealand to Convert to Christie Solaria Digital Cinema Projectors
July 24 2013 - 9:00AM
Business Wire
Reading International, Inc. (NASDAQ: RDI) co-announced today
with Christie®, a global leader in digital cinema projection, that
a long-term VPF deployment agreement had been signed with the
Australian and New Zealand subsidiaries of Reading, providing for
the digital conversion of all of Reading Cinemas screens in those
two countries.
“It’s tremendously important that we embrace DLP Cinema®
technology and this requires that we invest in our cinemas to
constantly improve the moviegoer’s experience,” said Wayne Smith,
Managing Director, Australia and New Zealand. “Following detailed
negotiations, I’m pleased to be working alongside Christie, a
leader in the cinema industry since 1929. Christie is the perfect
provider of digital cinema technology to partner with, to keep
Reading ahead in a rapidly-changing cinema landscape.”
The Reading subsidiaries own and operate cinemas throughout
Australia and New Zealand, including the Company’s Pacific Rim
flagship venue: the Courtenay Central Entertainment and Retail
Centre in Wellington, New Zealand. In addition to owning and
operating cinemas in Australia and New Zealand, Reading is also
engaged in real estate development in North America, New Zealand
and Australia and operates “Off-Broadway” live theaters in New York
and Chicago.
Christie will supply a variety of its Christie Solaria® Series®
2K and 4K digital cinema projectors to Reading, as well as its
current ‘big screen’ premium solution, the Christie® Duo
dual-projector integration kit.
“Christie has deployed more than 38,000 digital cinema
projectors, earning the appreciation and respect of exhibitors and
moviegoers worldwide,” said Lin Yu, vice president, Christie Asia
Pacific. “Our company is honored to be selected by Reading to keep
them on the leading edge of cinema technology, including 3D, 4K and
high frame rate (HFR) options in the years to come.”
Added Michael Bosworth, general manager for Christie Digital
Systems Australia, “We stand ready to support Reading as they
complete their transition to digital cinema; a conversion which
will surely contribute to their overall cinema attendees’
satisfaction while supporting the company’s goal of adding to their
stockholders’ value.”
About Reading International, Inc.
Reading International (http://www.readingrdi.com) is in the
business of owning and operating cinemas and developing, owning and
operating real estate assets. Our business consists primarily
of:
- the development, ownership and
operation of multiplex cinemas in the United States, Australia and
New Zealand; and
- the development, ownership, and
operation of retail and commercial real estate in Australia, New
Zealand, and the United States, including entertainment-themed
retail centers (“ETRC”) in Australia and New Zealand and live
theater assets in Manhattan and Chicago in the United States.
Reading manages its worldwide cinema business under various
different brands:
- in the United States, under the
- Reading brand
(http://www.readingcinemasus.com),
- Angelika Film Center brand
(http://www.angelikafilmcenter.com),
- Consolidated Theatres brand
(http://www.consolidatedtheatres.com),
- City Cinemas brand
(http://www.citycinemas.com),
- Beekman Theatre brand
(http://www.beekmantheatre.com),
- The Paris Theatre brand
(http://www.theparistheatre.com), and
- Liberty Theatres brand
(http://libertytheatresusa.com/);
- in Australia, under the Reading brand
(http://www.readingcinemas.com.au); and
- in New Zealand, under the
- Reading
(http://www.readingcinemas.co.nz) and
- Rialto (http://www.rialto.co.nz)
brands.
About Christie®
Christie Digital Systems USA, Inc. is a global visual
technologies company and is a wholly-owned subsidiary of Ushio,
Inc., Japan, (JP:6925). Consistently setting the standards by being
the first to market some of the world’s most advanced projectors
and complete system displays, Christie is recognized as one of the
most innovative visual technology companies in the world. From
retail displays to Hollywood, mission critical command centers to
classrooms and training simulators, Christie display solutions and
projectors capture the attention of audiences around the world with
dynamic and stunning images. Visit www.christiedigital.com.
“Christie” is a trademark of Christie Digital Systems USA, Inc.,
registered in the United States of America and certain other
countries.Christie Solaria® Series® is a registered trademark of
Christie Digital Systems USA, Inc.DLP® is a registered trademark of
Texas Instruments.DLP Cinema® is a registered trademark of Texas
Instruments.
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