Opinion: Alamo Drafthouse is reportedly up for sale.
Alamo Drafthouse up for sale
The popular cinema chain Alamo Drafthouse, known for its special guest appearances and food and drink service, is currently seeking a buyer. Founded by Tim League in Austin, Texas in 1997, the chain has remained a strong brand in the industry despite facing challenges.
Financial success and uncertain future
Alamo Drafthouse has seen an increase in box office numbers in recent years, surpassing the industry average with $134 million in revenue last year. However, the selling price and potential changes under new ownership remain unclear, leaving fans wondering about the future of their beloved cinema chain.
