Sony Pictures is buying Alamo Drafthouse ...Middle East

By Ramishah Maruf, CNN New York (CNN) — Sony Pictures Entertainment has bought dine-in movie theater chain Alamo Drafthouse, the companies announced Wednesday. Alamo Drafthouse, headquartered in Austin, Texas, has 35 theaters in 25 metro areas. It rose to popularity and has a passionate fanbase due to its dine-in and cocktail menus and its reputation as an oasis for film buffs with its strict no-talking rules. But despite being a fan favorite, it was hit hard by the Covid-19 pandemic. It filed for bankruptcy in March 2021 and began closing locations. Business began rebounding and last year it saw a 30% jump in box office revenue from the year before. Sony said in a press release tha

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