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COVID pushes Alamo Drafthouse Cinemas into bankruptcy

COVID pushes Alamo Drafthouse Cinemas into bankruptcy
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Alamo Drafthouse Cinemas Holdings filed for bankruptcy protection Wednesday in Delaware. It has three theaters in San Antonio, including in the Park North Shopping Center at 618 NW Loop 410.File photo
Alamo Drafthouse Cinemas, the theater chain launched nearly 25 years ago in Austin, sought bankruptcy protection Wednesday after it was unable to overcome challenges brought on by the pandemic.
As part of its Chapter 11 reorganization filing, Alamo Drafthouse is proposing to sell its assets under the supervision of the U.S. Bankruptcy Court in Delaware.
Alamo Drafthouse said in a statement it expects no disruption in operations, save for three theaters it’s pemanently closing. Those include its New Braunfels theater, which has been closed since the beginning of the pandemic, and the Alamo Drafthouse Ritz in Austin. ....

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Alamo Drafthouse theater chain files for Chapter 11 bankruptcy amid pandemic woes

Alamo Drafthouse theater chain files for Chapter 11 bankruptcy amid pandemic woes
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Dine-in cinema chain Alamo Drafthouse files for bankruptcy

Most locations will continue to operate as usual, but three theaters are closing for good, the company says. ....

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