Alamo Drafthouse Cinema files for Chapter 11 bankruptcy

Texas-based theater chain, Alamo Drafthouse, has filed for Chapter 11 bankruptcy. The filing comes along with an asset purchase agreement with Altamont Capital Partners, a previous investor in the company. A new backer, Fortress Investment Group, and its affiliates are...

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Texas movie theaters allowed to open this Friday after COVID-19 closures

Following in the footsteps of Georgia, Texas is allowing their movie theaters to reopen this Friday. Texas Governor Greg Abbott made the announcement yesterday which also included reopen approval for restaurants, museums, and retail stores. Governor Abbott is aware that many companies will...
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