Alamo Drafthouse Shuts Down Multiple Theaters in Texas and Minnesota

1 min read
Source: IndieWire
Alamo Drafthouse Shuts Down Multiple Theaters in Texas and Minnesota
Photo: IndieWire
TL;DR Summary

Five Alamo Drafthouse Cinemas in Dallas-Fort Worth and one in Minnesota are closing immediately as their franchisee, Two is One, One is None LLC, files for Chapter 7 bankruptcy. The closures affect over 600 employees and reduce Alamo's total locations from 43 to 37. The franchisee cited financial struggles, including franchise fees and unprofitable locations, as reasons for the closures. Alamo Drafthouse corporate is working to reopen in these cities and continues its expansion plans.

Share this article

Reading Insights

Total Reads

0

Unique Readers

3

Time Saved

3 min

vs 4 min read

Condensed

88%

63275 words

Want the full story? Read the original article

Read on IndieWire