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Published 1 month ago

Sony Pictures buys Alamo Drafthouse dine-in movie theater chain

  • Sony Pictures Entertainment has acquired Alamo Drafthouse, a dine-in movie theater chain, marking a historic event in Hollywood's history.
  • The movie theater chain will operate under a new division, Sony Pictures Experiences, with Alamo Drafthouse CEO Michael Kustermann reporting to Ravi Ahuja, President and COO of SPE.
  • Sony purchased Alamo Drafthouse from Altamont Capital Partners, Fortress Investment Group, and founder Tim League.
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