Sony Pictures Entertainment acquires Alamo Drafthouse Cinema for movie distribution control.

Sony Pictures Entertainment (SPE) acquires US cinema chain Alamo Drafthouse Cinema, allowing SPE to control movie distribution. Under SPE's newly established division, Sony Pictures Experiences, Alamo Drafthouse's CEO Michael Kustermann will manage the theatre chain. Alamo Drafthouse, founded in 1997, operates 35 cinemas across 25 US metro areas and brings in over 10 million guests annually.

June 12, 2024
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