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Announced

Completed

Sony Pictures Entertainment completed the acquisition of Alamo Drafthouse Cinema from Altamont Capital Partners, Fortress Investment Group and Tim League.

Synopsis

Sony Pictures Entertainment, a multinational mass media and entertainment studio conglomerate, completed the acquisition of Alamo Drafthouse Cinema, an American dine-in cinema chain, from Altamont Capital Partners, a private equity firm, Fortress Investment Group, an investment management firm, and Tim League, a founder of Alamo Drafthouse Cinema. Financial terms were not disclosed. “We are excited to make history with Sony Pictures Entertainment and have found the right home and partner for Alamo Drafthouse Cinema. We were created by film lovers for film lovers. We know how important this is to Sony, and it serves as further evidence of their commitment to the theatrical experience. Together we will continue to innovate and bring exciting new opportunities for our teammates and moviegoers alike,” Michael Kustermann, Alamo Drafthouse Cinema CEO.

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