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.

  • ImADifferentBird@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    0
    ·
    5 months ago

    On the plus side, maybe this means they will expand the chain. There’s a closed theater/bar/grill in downtown Wichita that would be absolutely perfect for them.