On Wednesday afternoon is was announced Sony Pictures had acquired Alamo Drafthouse Cinema in a deal that could shake up the industry.

Sony Pictures Entertainment has acquired the distinctive theater chain Alamo Drafthouse Cinema, the companies said Wednesday. Included in the deal is the genre film festival Fantastic Fest.

For more than seven decades, studios weren't allowed under certain conditions to own an exhibition company under the Paramount Consent Decrees, which were rescinded in 2020.

Arts & Entertainment Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain All five Alamo Drafthouse theaters in North Texas recently closed.

In a groundbreaking moment, Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema in a deal that puts a major Hollywood studio back in the business of owning a movie theater for the ...

Sony Pictures Entertainment, the Hollywood studio behind recent hits like "Bad Boys: Ride or Die" and "Anyone but You," has acquired the Alamo Drafthouse Cinema dine-in movie theater chain, the ...

Sony Pictures Entertainment is getting into the exhibition business. The studio behind recent films like ''Bad Boys: Ride or Die'' and ''The Garfield Movie'' has acquired the distinctive theater ...

Alamo Drafthouse was founded in 1997 as a single screen, family-owned repertory theater in Austin, Texas and has grown to 35 locations in North America.

Business Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain FILE – Alamo Drafthouse Cinema is pictured on Wednesday, Oct. 11, 2023, in New York.