Have an Account? E-Mail Address Passcode
| Register Now
Alamo Drafthouse Cinemas Files for Bankruptcy

Posted on Wednesday, March 3, 2021 4:26 PM


Remove ads with our VIP Service

Share This Page

Related Movies/Theaters
Reader Comments
Reader Voice
No comments found. Be the First!
Add Your Comments
Related News Articles

Alamo Drafthouse Cinema logo

Alamo Drafthouse Cinemas filed for bankruptcy today and will enter a restructuring agreement, as a result of the financial impact of the coronavirus pandemic that closed every location in March 2020. Some have reopened, but many have not.

According to an article from the Associated Press, the company plans to sell most of its assets to an investment group under Chapter 11 bankruptcy. This will allow the company to continue operating.

According to a statement in the AP article:

The transaction will provide the company with much-needed incremental financing to stabilize the business during the pandemic, which has had an unprecedented and outsized impact upon the movie theater and dining industries. More importantly, it will position Alamo Drafthouse to return to growth and continue executing on its long-term strategic vision.

What About Gift Cards?

This means that if you have any gift cards to use, now would be the time to use them. There's no guarantee that they will be honored in the future, and many sale agreements do not include the debt of unused gift cards.

Three Locations Closed

Coinciding with this news are the closures of three locations:

The remaining locations are listed below for the record.

Related News Articles

 

Alamo Drafthouse Cinema Locations

Arizona

California

Colorado

Minnesota

Missouri

North Carolina

Nebraska

New York

Texas

Virginia



Remove ads with our VIP Service

Share This Page

Related Movies/Theaters
Reader Comments
Reader Voice
No comments found. Be the First!
Add Your Comments
Related News Articles

Add Your Comments

Reader VoiceReader Comments

No comments found. Be the first and let us know what you think!

Add Your Comments

Please login
Commenting on Journal Articles is available only to our readers who have customized this site, which makes it easier for you to complete the form and for us to contact you with any questions or concerns about your comments.

Please login or register a new account before continuing.


Already Registered?

Log in to retrieve your saved settings.

E-Mail Address:
BigScreen Passcode:

Forget Your Passcode?

Send My Passcode To Me

Not Registered? Create a New Account!

E-Mail Address
In case we need to contact you. A valid E-Mail address is required, profiles with invalid addresses will be removed.
Please Confirm Your E-Mail Address
ZIP Code
This helps us display theaters that are near you.

Our registered members enjoy more features, including:

Basic accounts are free -- sign up today!

Concerned About Privacy?

So are we! We won't sell, trade, or share your personal information with anyone unless required by law. For more information, please read our Privacy Policy.



Home - About Us - Ad Info - Feedback
News Headlines - Theaters - Movies - Reader Reviews - Movie Links
Your Account - VIP Service

The BigScreen Cinema Guide is a service of SVJ Designs LLC. All graphics, layout, and structure of this service (unless otherwise specified) are Copyright © 1995-2021, SVJ Designs. The BigScreen Cinema Guide is a trademark of SVJ Designs. All rights reserved.

'ACADEMY AWARDS®' and 'OSCAR®' are the registered trademarks and service marks of the Academy of Motion Picture Arts and Sciences.
Find Us on Facebook