Acquisition Alert: Sony Pictures Buys Alamo Drafthouse Cinema in Historic Deal
Austin, Texas – Sony Pictures Entertainment has made a significant move in the entertainment industry by acquiring Alamo Drafthouse Cinema, a renowned theater chain known for its unique offerings and strict theater etiquette policies. This acquisition marks the beginning of a new era for both companies as Alamo Drafthouse joins Sony Pictures under the newly-created Sony Pictures Experiences division. Under the terms of the deal, Alamo Drafthouse CEO Michael Kustermann will continue in his role, …