Alamo Drafthouse Cinema, with 41 locations across 13 US states, explores a sale after filing for Chapter 11 bankruptcy in 2021.

Alamo Drafthouse Cinema, known for its large seating and expansive menu, is exploring a sale, according to Deadline. Founded by Austin film producer Tim League, the chain has 41 locations across 13 US states and filed for Chapter 11 bankruptcy protection in 2021. The company is reaching out to Hollywood studios to gauge their interest in buying the business.

March 29, 2024
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