Sony Acquires Alamo Drafthouse Theater Chain in Experiences Push

Sony Pictures Entertainment has acquired the Alamo Drafthouse Cinema theater chain that pioneered the in-movie dining experience.

Terms of the deal weren’t announced in a statement from the companies on Wednesday. Alamo Drafthouse will be managed within Culver City, California-based Sony Pictures in a new division focused on experiences. Michael Kustermann will remain chief executive officer of Alamo Drafthouse, which will continue to operate all of its locations in 25 metro areas.

Founded in 1997 in Austin, Alamo Drafthouse upped the popcorn and soda experience by adding table service and an extensive food and drink menu at its theaters. The ...