Sony buys Alamo Drafthouse Cinema
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Sony Pictures Entertainment has acquired the popular movie theater chain Alamo Drafthouse Cinema, the two companies announced on Wednesday.
Sony, which will oversee the theaters under a new Sony Pictures Experiences division, says it “will preserve Alamo Drafthouse’s distinctive movie-dining experience,”
Sony is acquiring Alamo Drafthouse from Altamont Capital Partners, Fortress Investment Group, and Alamo founder Tim League — a group that took ownership of Alamo after it filed for Chapter 11 bankruptcy in 2021.
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