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seven decades, studios weren't allowed to own an exhibition company under the Paramount Consent Decrees, which were rescinded in 2020.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

Sony Pictures Acquires Alamo Drafthouse
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Alamo Drafthouse Cinema Chain Sold to Sony Pictures Entertainment

Hollywood studio pledges to keep the Drafthouse model going

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