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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
Read previewThis weekend my family went to the movies, twice. This past holiday weekend was the worst Memorial Day showing Hollywood has seen in decades, with ticket sales down a staggering 40% from last year. One thing Hollywood is very good at is generating explanations for a flop — or in this case, multiple flops. (I paid $44.76 for the two Furiousa tickets I bought over the weekend at my local Alamo Drafthouse. I don't think movies or movie theaters are going away.
Persons: , Max, Matthew Ball, Barbie, Oppenheimer, Tom Rothman Organizations: Service, Garfield, Hollywood, Business, Sony
PARIS, Nov 15 (Reuters) - The cast of Ridley Scott's biopic "Napoleon" flocked to Paris for the film's global premiere on Tuesday night, taking to the red carpet just days after strikes ended in Hollywood. Joaquin Phoenix plays the role of Napoleon, a historical figure both revered and criticised in France, who is portrayed in the film as a ruthless military tactician with a softer, vulnerable side, uncovered by his wife the empress Josephine de Beauharnais, played by Vanessa Kirby. "I feel very fortunate the strike ended in time," Rothman told Reuters. Kirby said she learned about the challenge of being "the feminine in that extremely masculine world," and appreciated Beauharnais for "remaining dignified," even through her public divorce. Reporting by Noemie Olive and Michaela Cabrera; writing by Mimosa Spencer; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: Ridley Scott's, Napoleon, Joaquin Phoenix, Josephine de Beauharnais, Vanessa Kirby, Tom Rothman, Rothman, Kirby, Josephine, Jodie Comer, Beauharnais, Scott, Dariusz Wolski, Tahar Rahim, Paul Barras, Noemie Olive, Michaela Cabrera, Mimosa Spencer, Sharon Singleton Organizations: Sony, SAG, Reuters, Thomson Locations: Paris, Hollywood, France, Austerlitz, Moscow, Waterloo
Tom Holland is Spider-Man in the Sony-Marvel film "Spider-Man: No Way Home." LAS VEGAS — CinemaCon kicked off Monday with a major announcement from Sony Pictures — its upcoming "Kraven the Hunter" would mark the first R-rated Marvel film produced by the studio. "F--- yes, it's rated R," said Kraven himself Aaron Taylor-Johnson in a pretaped teaser for the film before Sony showed the first trailer for the profane and bloody action flick. Sony showed 14 minutes of the film — due out June 2 — to CinemaCon audiences, who laughed and cheered for the uniquely animated feature. Sony also showcased a clip from Jennifer Lawrence's upcoming R-rated drama "No Hard Feelings" to raucous applause.
It was a long-term deal so I don't think we have to confront that yet, but it's gone terrifically for us, actually. If you don't want to compete, don't come in. Can you talk about the synergy with the Whitney Houston movie — she was a Sony Music artist — or "Gran Turismo," a Playstation game? Do you wish HBO Max's "The Last of Us," which is also based on a Sony Playstation game, had been a movie? A lot of big movies come out of it.
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