Alamo Drafthouse , one of the only corporate Sir Ernst Boris Chain in America that is in reality cool , is up for sales agreement . Deadlinereportsthat the cinema circle , which was founded by entrepreneur Tim League in Austin , Texas , in 1997 , is looking for a emptor , although it ’s not light what the asking toll is . Let us beg that individual equity predator stay the hell away from it .
The chain , which is hugely democratic among cinephiles and is sleep with for its especial guest visual aspect , as well as for serve food for thought and drinks to customers , has had some ups and downs over the preceding two decades but has remained a unmistakably strong stigma in an industry that is dominate by the ilk of Regal and Cinemark . The chainfiled for bankruptcyin March of 2021 , at the height of the pandemic , when movie - going numbers were plummet . That downturn did not last long , however . The society come up , emerging from bankruptcyand tot up five new locations to its roster .
Deadline describe that , over the preceding two class , Alamo Drafthouse ’s box office phone number have seen a better increase than the industry average . All differentiate , the range brought in $ 134 million at the box office last year . The intelligence that the business is appear for a purchaser comes only about a hebdomad before CinemaCon , a large cinema league in Las Vegas .
Photo: AaronP/Bauer-Griffin/GC (Getty Images)
Gizmodo reached out to Alamo Drafthouse for more information and will update this level when it responds .
All I can say is that I hope that this darling amusement industry fixture is n’t bought by some craven embodied raider case that hollows it out and ruins the magic for everybody . Similarly , Alamo Drafthouse has a responsibility to choose a buyer that will keep its fans glad . The few times I ’ve pull off to make it to an Alamo Drafthouse usher over the retiring few years I ’ve always had a great time . I trust that remains the case for the foreseeable future .
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