Sony Buys Alamo Drafthouse Theater Chain
The chain known for food and drink service in their theaters has a new owner.
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The chain known for food and drink service in their theaters has a new owner.
(Reuters) - Sony Pictures Entertainment (SPE) has acquired U.S. cinema chain Alamo Drafthouse Cinema, the companies said on Wednesday, a move that will give the studio control over movie distribution. The movie theater chain will be managed under S...
Alamo filed for bankruptcy three years ago and was sold to investors following pandemic-induced financial struggles.
Sony Pictures Entertainment has bought dine-in movie theater chain Alamo Drafthouse, the companies announced Wednesday.
Alamo Drafthouse was founded in 1997 as a single-screen, family-owned repertory theater in Austin, Texas, and has grown to 35 locations in North America.