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State Cinema in North Hobart in Tasmania, Australia was acquired by Reading Cinemas in November 2019. [2]In the late 1980s, through his holding company the Craig Corporation, Los Angeles–based lawyer James Cotter acquired the Reading Company, a former American railroad company that held a portfolio of real estate properties after it sold its railroad assets and rolling stock in 1976.
Sometimes tickets are cheaper on Monday, or on Sunday morning. Almost all movie theaters employ economic price discrimination: tickets for youth, students, and seniors are typically cheaper. Large theater chains, such as AMC Theatres, also own smaller theaters that show "second runs" of popular films, at reduced ticket prices.
The average ticket price (ATP) is the average cost to purchase a film ticket at the box office in any given year. According to the UNESCO Institute for Statistics, the ATP is "calculated as the total revenues generated from tickets sales divided by the number of feature film tickets sold during the year of reference." [42]
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Pacific Theatres was owned by The Decurion Corporation which also owned and operated ArcLight Cinemas. In 2008, it sold its store locations in San Diego to Reading Cinemas. In April 2021, Pacific Theatres announced they would not be reopening any of their theater locations after being closed since March 2020 due to the COVID-19 pandemic.
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