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Sony acquires Alamo Drafthouse but the return of DFW locations, including Denton, is still unclear

Sony Pictures Entertainment has acquired Austin-based movie chain Alamo Drafthouse Cinema, according to a news release Wednesday.

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Sony Pictures Ensures Survival Of Alamo Drafthouse In Texas

Sony Pictures buys Alamo Drafthouse and will be keeping the headquarters in Austin, Texas.

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Sony Pictures acquires Alamo Drafthouse Cinema

The news comes shortly after all five Alamo Drafthouse Cinema locations in North Texas closed as their local franchise partner filed for Chapter 7 bankruptcy.

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Sony Pictures Acquires Alamo Drafthouse Cinemas in Landmark Deal

For more than seven decades, studios weren't allowed to own an exhibition company under the Paramount Consent Decrees, which were rescinded in 2020.

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Sony Pictures Entertainment Acquires Alamo Drafthouse Cinema

The company will be managed within SPE under a newly established division, Sony Pictures Experiences.

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