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Top related persons:
Michael Kustermann - 2 Ravi Ahuja - 2 Tim League - 2 Walter Reade - 1 Alamo Drafthouse - 1 Ahuja - 1 Tom Rothman - 1 “ - 1
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Austin , Texas North America Columbia New York's Paris Texas New York Chicago
Top related orgs:
Sony Pictures - 2 Alamo - 2 Sony - 2 Altamont Capital Partners - 2 Fortress Investment Group - 2 Sony Pictures Entertainment - 2 Department - 1 Paramount - 1

Search resuls for: "Ravi Ahuja"


3 mentions found


☆ Sony Pictures is buying Alamo Drafthouse theater chain
  + stars: | 2024-06-12 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +2 min
Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday. Alamo Drafthouse CEO Michael Kustermann will remain at the helm of the dine-in movie theater chain and will report to Ravi Ahuja, president and CEO of the newly formed Sony Pictures Experiences division. The company's 35 cinemas will continue to be operated by Alamo Drafthouse and its headquarters will remain in Austin, Texas. The acquisition comes after Alamo Drafthouse filed for Chapter 11 bankruptcy protection in 2021 due to Covid-19 pandemic disruptions. "We are excited to make history with Sony Pictures Entertainment and have found the right home and partner for Alamo Drafthouse Cinema," said Kustermann.
Persons: Walter Reade, Michael Kustermann, Ravi Ahuja, Alamo Drafthouse, Ahuja, Tim League Organizations: Sony Pictures, Alamo, Department, Paramount, Warner Bros, Century Fox, MGM, Universal, United Artists, Columbia Pictures, Sony, Walter Reade Organization, Lowes, Disney, El Capitan Theatre, Netflix, Egyptian, New York's, Altamont Capital Partners, Fortress Investment Group, Sony Pictures Entertainment Locations: North America, Columbia, New York's Paris, Austin , Texas, Texas
☆ Sony Pictures is buying Alamo Drafthouse
  + stars: | 2024-06-12 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +1 min
New York CNN —Sony Pictures Entertainment has bought dine-in movie theater chain Alamo Drafthouse, the companies announced Wednesday. Sony said in a press release that the movie theater chain will be managed under a new division, Sony Pictures Experiences. While other Hollywood studios have jumped into streaming, Sony Pictures CEO and chairman Tom Rothman has expressed his commitment to movie theaters, according to various trade publications including The Hollywood Reporter. Sony Pictures touted its other spaces in the press release, such as Wonderverse, an immersive entertainment space, in Chicago and a Wheel of Fortune LIVE! Sony acquired Alamo from owners Altamont Capital Partners, Fortress Investment Group and founder Tim League.
Persons: Michael Kustermann, Ravi Ahuja, Tom Rothman, “, Tim League Organizations: New, New York CNN, Sony Pictures Entertainment, Alamo, Business, Sony, Sony Pictures, SPE, Hollywood, Hollywood Reporter, Altamont Capital Partners, Fortress Investment Group, Fest Locations: New York, Austin , Texas, Chicago
☆ Adani’s battle with Hindenburg leaves investors sizing up exposure to the global banking sector
  + stars: | 2023-01-31 | by ( Seema Mody | ) www.cnbc.com   time to read: +4 min
Indeed, Indian banks make up 0.6% of the group's sector loans, according to JPMorgan. This may seem low but the total exposure to the Adani Group is still around $9 billion, wrote Saurabh Kumar, an analyst at JPMorgan. Gautam Adani, chairman of Adani Group. Jefferies analyst Prakhar Sharma writes that, for now, the risk to Indian banks is low, saying, "we don't see material risk to the Indian banking sector." Of the seven companies operated by the Adani Group: Adani Green Energy, Adani Power and Adani Ports are sitting on the most net debt, according to analysts.
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