All Alamo Drafthouse locations in the Dallas-Fort Worth area abruptly closed and sought bankruptcy protections. Alamo Drafthouse confirmed to KUT that no closures are currently planned for Austin's locations.
Alamo Drafthouse Cinema is pictured on Wednesday, Oct. 11, 2023, in New York. Five Alamo locations in North Texas abruptly announced closure June 6, 2024.The closures impacted locations in Richardson, Las Colinas, Lake Highlands, Dallas and Denton. A sixth location in Minnesota was also closed.Franchisee Two is One, One is None, LLC said in a release the closures impact more than 600 employees.
Two is One, One is None and its affiliates said they filed for bankruptcy due to industry-wide declining guest counts, franchise fees and contractual obligations that required unprofitable locations to stay open. "We are deeply saddened to find it necessary to take this step," the company said in the release."We are grateful to all our employees who put in the work, day in and day out to produce a special movie-going experience and to our many loyal customers for whom it was a pleasure to provide such a special experience."
An Alamo Drafthouse spokesperson said in a statement that the closure of these locations may not be the end of Alamo Drafthouse in North Texas. “We are heartbroken for the franchisee’s teammates and the local film communities, however, we are working as quickly as possible to get Alamo Drafthouse Cinema back up and running in these cities," the spokesperson said."All other Alamo Drafthouse locations are operating as normal, with continued expansion plans across the country.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alamo Drafthouse Cinema brings back ‘Alamo Kids Camp’ with affordable movie showings for familiesKid-friendly programming is available to families from June through August.
Read more »
Five Alamo Drafthouse locations close in North Texas, Chapter 7 bankruptcy filed'Eruption' is now available to buy online and in stores.
Read more »
Five Alamo Drafthouse locations close in North Texas, Chapter 7 bankruptcy filed'Eruption' is now available to buy online and in stores.
Read more »
Alamo Drafthouse theaters in North Texas closed'The first quarter of 2024 has been the worst performing quarter in movie-going history,' said the company that franchised the theaters in a press release.
Read more »
All 5 Alamo Drafthouse theaters in D-FW area have closedAll five of the Alamo Drafthouse theaters in the Dallas-Fort Worth area closed on Thursday after the Austin-based movie chain’s franchise owner, Two Is One,...
Read more »
Alamo Drafthouse screening 1989's Road House for 'Queer Film Theory 101'“I used to fuck guys like you in prison!” spits the villain before the climactic fight in Road House, one of the many ludicrous and memorable lines peppered throughout this perfect 1989 film.
Read more »