Sony Pictures Acquires Alamo Drafthouse Cinema in Landmark Deal That Puts Studios Back in Theater Game
THR, Esq. 2024-06-12
Summary:
In a groundbreaking moment, Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema in a deal that puts a major Hollywood studio back in the business of owning a movie theater for the first time in more than 75 years. From 1948 until 2020, the U.S. Department of Justice prohibited film distributors from owning an exhibition […]