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A Sneak Peek Inside The New Alamo Drafthouse In Far East El Paso KLAQ got to go inside the brand new, state-of-the-art Alamo Drafthouse movie theater located in far east El Paso, including the new IMAX theater inside. The movie business is ramping back up, offering new releases and getting Americans back into theaters. While the amount of new movie releases have been low, there have been plenty of classics and fan-favorites movie lovers can enjoy. El Pasoans have been excited to get back into theaters, and what better way to enjoy a film than in the brand new Alamo Drafthouse in East El Paso. The news broke this week that Alamo Drafthouse company had filed for bankruptcy, which worried some about what that would mean for the far east movie that hasn t even opened yet. Thankfully, Alamo reassured fans that they wouldn t be closing the El Paso location and they were still full speed ahead for the east side location. ....
Alamo Drafthouse files for bankruptcy, closes theaters in downtown Austin and New Braunfels Community Impact Newspaper Alamo Drafthouse Cinema filed for Chapter 11 bankruptcy March 3 and announced the closure of two Texas theaters: Alamo Drafthouse Marketplace in New Braunfels and The Ritz in downtown Austin. Through the filing, the company will sell its assets to a group of investors, including Altamont Capital Partners, Fortress Investment Group and Tim League, Alamo Drafthouse founder and executive chairman, among others. A statement by the company attributed the filing to financial challenges related to the coronavirus pandemic and its outsized impact on the movie theater industry. ....