This might explain why Sony acquired Alamo Drafthouse
June 21, 2024 – Media MentionFast Company
Entertainment Partner Sky Moore is quoted in Fast Company discussing the implications of Sony’s acquisition of Alamo Drafthouse Cinema and the future of moviegoing.
Excerpts:
“It’s a streaming world now, and obviously this theater’s in trouble, and that’s part of what led to Sony’s acquisition of the Alamo chain,” says entertainment lawyer Sky Moore. “They don’t have a streaming platform and that’s why it totally makes sense for them to expand into theaters.”