Studio conglomerate buys Austin-based Alamo Drafthouse movie theater chain
(Newser) -
Sony Pictures Entertainment just got a little bigger. CNBC reports that the studio conglomerate has scooped up Alamo Drafthouse, the seventh-largest movie theater chain in North America, from owners Altamont Capital Partners, Fortress Investment Group, and co-founder Tim League. Variety notes that "it marks a rare time in recent...