Ugh.... I hope #Sony doesn't destroy #AlamoDrafthouse .... It's the only theater I'll even go to.

The only good news is this paragraph but, as is typical in corporate America, you have to wonder how long it will last:

"Wednesday’s announcement stressed that Alamo Drafthouse — an independent chain with 35 locations that has been at the forefront of in-theater dining and other consumer-friendly initiatives — will continue to be run by Alamo CEO Michael Kustermann, under a new division that he’ll also be in charge of, Sony Pictures Experiences."

https://www.hollywoodreporter.com/movies/movie-news/sony-pictures-acquires-alamo-drafthouse-cinemas-1235920928/

#Alamo #Drafthouse #SonyPicturesExperiences

Sony Pictures Acquires Alamo Drafthouse Cinema in Landmark Deal That Puts Studios Back in Theater Game

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seven decades, studios weren't allowed to own an exhibition company under the Paramount Consent Decrees, which were rescinded in 2020.

The Hollywood Reporter