Alamo Drafthouse has added five new auditoriums to its Downtown Brooklyn cinema in a major upgrade of the chain’s first NYC location and highest grossing theater since opening in 2016. The eat-in, art house, first run and repertory chain, acquired by Sony in June, has also just purchased six theaters in Dallas-Forth Worth and Woodbury,
Sony Pictures Entertainment
Widespread optimism months ago that domestic box office might readily return to pre-Covid levels has given way to a new sense of pragmatism about the movie business. This year’s tally will far surpass last year’s $4.5 billion haul, but it will certainly fall billions short of 2019’s $11.4 billion in receipts, and all bets are
Refresh for latest…: Sony Corp is reporting its full year 2019 earnings from Tokyo this morning with a 28.4% dollar increase in profits at Sony Pictures Entertainment. The division recorded $628M in operating income, up from $489M the previous year. The significant hike, which is through March 31, 2020 just after the coronavirus pandemic had