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Sony Pictures Acquires U.S. Movie Theater Chain

Sony Pictures Acquires U.S. Movie Theater Chain

   Silicon Valley, June 12 (Jiji Press)--U.S. film studio Sony Pictures Entertainment Inc. said Wednesday that it has acquired Alamo Drafthouse Cinema, the seventh-largest theater chain in North America.
   Alamo Drafthouse enjoys a huge fan base for its theaters' dine-in services. Through the acquisition, Sony Pictures, a unit of Japanese electronics and entertainment giant Sony Group Corp., aims to reinforce its experiential entertainment business.

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AFP-JIJI PRESS NEWS JOURNAL


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