Sony Pictures is buying Alamo Drafthouse theater chain
Publishing timestamp: 2024-06-12 23:13:23
Summary
Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America. The company's 35 cinemas will continue to be operated by Alamo Drafthouse, and its headquarters will remain in Austin, Texas. This acquisition marks the first time a studio has purchased a theater chain since the Department of Justice's antitrust division terminated a decree in 2020.
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Keywords: sony group corp, business, life, business news, movies, breaking news: business, entertainment,
Source: https://www.cnbc.com/2024/06/12/sony-pictures-buys-alamo-drafthouse.html