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Reading International switches tracks from its railroad past
Reading International switches tracks from its railroad past

The Reading Railroad company that most people know from the Monopoly board game is still going strong, but it's not laying down tracks any more. What is now Reading International Inc. has turned into a Los Angeles firm that runs cinema complexes and live theater venues in the U.S. and abroad, managing to fill seats during very challenging times for the cinema industry. James J. Cotter Sr. gained control of the Reading name in the early 1980s through his holding company, Craig Corp. In 2001, a merger of Craig, the Reading Co. and the Citadel Holding Corp. created Reading International. Besides operating cinemas, Reading is involved in real estate development and the rental of...

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