Sony Pictures makes history and buys dine-in theater chain Alamo Drafthouse Cinema

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Sony Pictures Entertainment is acquiring Alamo Drafthouse Cinema, marking the first time a major film studio has purchased a theater chain in over 75 years.

called Sony Pictures Experiences. Going forward, he will answer to Ravi Ahuja, the president and chief operations officer of Sony Pictures Entertainment.

“We are excited to make history with Sony Pictures Entertainment and have found the right home and partner for Alamo Drafthouse Cinema,” Kustermann said. “We were created by film lovers for film lovers. We know how important this is to Sony, and it serves as further evidence of their commitment to the theatrical experience. Together we will continue to innovate and bring exciting new opportunities for our teammates and moviegoers alike.

Alamo Drafthouse Cinema is pictured on Wednesday, Oct. 11, 2023, in New York. that customers can order from waiters who will attend to viewers. The chain also plays old advertisements that tie into the film being played ahead of the showing.Like many theater chains, Alamo Drafthouse Cinema struggled during the COVID-19 pandemic and even filed for Chapter 11 bankruptcy in 2021.

Source: Entertainment Trends (entertainmenttrends.net)

 

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