The firm also owned the Charles Cinema in
Boston, which opened in April 1967 and closed in December 1976. Major engagements included
Easy Rider (1969) and
Star Wars (1977). The space was later operated by other exhibitors, but finally closed in 1994. In 1969, the company's flagship
Ziegfeld Theatre in New York City opened. At its peak in the mid- to late-1960s, the Walter Reade Organization also operated two flagship foreign film movie theaters in
Beverly Hills, California. The Beverly Hills Music Hall on Wilshire Boulevard was the exclusive exhibitor in the region of the 1969 Russian production of
War and Peace. The six-hour epic, directed by Sergei Bondarchuk, was treated as a prestige product, shown in two parts on two separate days, requiring "hard ticket"
roadshow treatment and separate management handling the advance reservations. All the motion picture industry elites turned out for the several months of that engagement, including
Katharine Hepburn,
Warren Beatty and
Julie Christie,
Mike Nichols,
Joanne Woodward, and scores of others. Theater staffers were required to wear Russian tunics for this engagement, and the doormen wore full-length Cossack coats, fur hats and accessories. The second Walter Reade cinema in Beverly Hills was the Beverly Canon, which also exhibited the company's licensed foreign films and was the site of world premiere screenings that included
Peter Bogdanovich's
Targets. Sheldon Gunsberg later took over the company from Reade when he was killed in a skiing accident in Switzerland (
St. Moritz). The company filed for bankruptcy in 1977, emerging four years later.
Columbia Pictures purchased 81% of the organization in 1981, buying the company completely in 1985, but later sold it to the
Cineplex Odeon Corporation on June 26, 1987. ==Notes and references==