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What will be the first major change in Alamo Drafthouse's offerings post-Sony acquisition?
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Sony Pictures Entertainment•Alamo Drafthouse Cinema•Hollywood•Alamo Drafthouse•Austin•Texas•Los Angeles•Sony•Fantastic Fest
Resolution / Starting Odds
Expanded food menu • 33%
New loyalty program • 33%
Special movie events • 34%
Official announcements from Sony Pictures or Alamo Drafthouse
Story
Sony Pictures Acquires Alamo Drafthouse Cinema in Landmark Deal After 75 Years
Jun 12, 2024, 06:04 PM
Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema, a popular dine-in movie theater chain known for its creative cocktails, extensive food menu, and strict 'no talking, no texting' policies. The acquisition marks a significant move as it puts a major Hollywood studio back in the business of owning a movie theater for the first time in over 75 years. Alamo Drafthouse, based in Austin, Texas, has 35 locations across 25 cities, including a location in downtown Los Angeles. Sony has promised to preserve Alamo Drafthouse's distinctive movie-dining experience. The deal also includes Fantastic Fest.
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Similar markets
No significant changes • 33%
Relaxed policies • 33%
Stricter policies • 34%
Fantastic Fest • 33%
SXSW • 33%
New Festival • 34%
Austin, TX • 25%
New York, NY • 25%
San Francisco, CA • 25%
Chicago, IL • 25%
Focus on streaming • 25%
Expand theatrical releases • 25%
Sell major assets • 25%
Merge with another company • 25%
Accepts Sony and Apollo's offer • 25%
Accepts another offer • 25%
Merges with another entity • 25%
Remains independent • 25%