Sony Pictures Entertainment buys cinema chain Alamo Drafthouse Cinema

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Alamo Drafthouse Cinema News

Sony Pictures Entertainment,SPE,Cinema Chain

The movie theater chain will be managed under SPE's newly established division Sony Pictures Experiences, which will be headed by Alamo Drafthouse's Michael ...

- Sony Pictures Entertainment has acquired U.S. cinema chain Alamo Drafthouse Cinema, the companies said on Wednesday, a move that will give the studio control over movie distribution.

"They have a deep respect and understanding of cinema's ability to both drive growth and create lasting cultural impact which aligns perfectly with everything Alamo Drafthouse stands for," Tim League said. Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'

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