Sony Has Acquired Alamo Drafthouse Cinema IGN

Image for article Sony Has Acquired Alamo Drafthouse Cinema  IGN
News Source : IGN

News Summary

  • Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema for an undisclosed amount
  • Alamo joins the company under the newly-created Sony Pictures Experiences division
  • Sony's purchase comes on the heels of a 2020 court ruling that repealed the Paramount Consent Decrees, allowing movie studios to own movie theater chains for the first time since 1948
Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema for an undisclosed amount, with Alamo joining the company under the newlycreated Sony Pictures Experiences division.As a part of th [+1816 chars]

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