A timeline to demise.

Many councilors overlooked that WCC owns The Embassy theater, effectively shooting itself in the foot

Many Councilors overlooked the impact on Suburban cinemas, The Roxy and Empire in Island bay. Then Wellington NZ, led by John Allen puts in a super positive cynical post promoting The Roxy a week later. Do they think the community is dumb.

Councilors obviously overlooked poor results of the last few years. Nearly 1 billion. TAKINA is losing $. How much it is loosing is currently being hidden, but WL is onto it.

Barbara McKerrow and WCC execs, took advice from one Real Estate agency that does not have a valuation arm, rather than a spread of agencies. A Real Estate agency with a valuation arm would show that rental rates per square meter in Courtenay Place are approx 30% less than what they were 10 years ago, while outgoings- WCC Commercial Rates and insurance costs are approx 100% more than what they were 10 years ago. Reading was a rotten deal from the start and it appears McKerrow threw Whanau under the bus. Whanua MUST not renew McKerrow’s 500k contract.

Councilors overlooked the facts that large TV screens and sounds systems are much cheaper than 10 years ago

WCC councilors overlooked the fact that streaming options such as Netflix, Neon, Apple TV are far move viewed than 10 years ago

WCC overlooked the fact that more retail supply has been added in other locations with abundant car parks, such as Petone.

WCC overlooked the fact that car parking costs in the CBD has increased

WCC added car parking costs to after hours and weekends when they were previously free WCC has not done anything major to make Wellington streets safer

WCC has overlooked the fact that it is environmentally friendly to shop local- Again ignoring suburban cinemas.

WCC has now crushed parking and retail in the city, WCC has lost nearly half million dollars in car parking revenue, and now wants to recoup that in places like Johnsonville