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Sony buys Alamo Drafthouse Cinema

Sony Pictures Entertainment has acquired the popular movie theater chain Alamo Drafthouse Cinema, the two companies announced on Wednesday.

Sony, which will oversee the theaters under a new Sony Pictures Experiences division, says it “will preserve Alamo Drafthouse’s distinctive movie-dining experience,”

Sony is acquiring Alamo Drafthouse from Altamont Capital Partners, Fortress Investment Group, and Alamo founder Tim League — a group that took ownership of Alamo after it filed for Chapter 11 bankruptcy in 2021.

Legonatic ,

Considering the chain has been owned for a few years by private equity, I don’t know if it could have been any worse than that.

bradorsomething ,

Goodbye Alamo Draft House, you will be missed after your slow decay and death.

ImADifferentBird ,
@ImADifferentBird@lemmy.blahaj.zone avatar

On the plus side, maybe this means they will expand the chain. There’s a closed theater/bar/grill in downtown Wichita that would be absolutely perfect for them.

Chozo ,

Buying a ticket for the next Marvel movie will now require a PSN account.

partial_accumen ,

Correction: They’ll take your money and let you buy the ticket, but when you try to enter the theater, then they’ll require a PSN account.

WaistGunnerPug ,

He’s out of line but he’s right.

EleventhHour ,
@EleventhHour@lemmy.world avatar

Sony, which will oversee the theaters under a new Sony Pictures Experiences division, says it “will preserve Alamo Drafthouse’s distinctive movie-dining experience,”

bullshit. this was the only theater chain i could go to anymore because they’re the only ones that kick anyone out who uses a smartphone or makes any noise during the film. serving food and booze was just a bonus.

i just have zero interest in paying all that money to see a film in a theater just to have it ruined by a bunch of assholes who can’t out their phone away and stfu

THB ,

Remaining hopeful, but the headline made me throw up in my mouth a little. Let’s see how it goes. ☹️

dditty ,

Sony Pictures Entertainment…says it “will preserve Alamo Drafthouse’s distinctive movie-dining experience"

Their no talking policy is the most distinct part of their theater experience when compared to traditional theaters, so I am cautiously optimistic to read this

THB ,

I imagine not much will change at first, but I’m dreading the potential enshittification that could creep in, even if it’s months or years down the line.

Unfortunately it seems the Alamo experience was not making enough money, so corporate will have to find some way to turn profits, and I doubt those plans will all be in line with the Alamo vibe. See HBO/Max/Discovery.

tyler ,

The same dude that was CEO of Alamo is now new head of the division that Sony is creating for this so we can only be hopeful…

EleventhHour ,
@EleventhHour@lemmy.world avatar

That’s kinda comforting

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