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Sony Pictures is making a significant move into the movie theater business with the acquisition of Alamo Drafthouse Cinema. The studio announced on Wednesday that it has purchased the Texas-based theater chain, which is known for its unique model of serving food and drinks during screenings and its strict no-talking, no-texting policy.
Alamo Drafthouse, which operates over 30 locations across the United States, has built a loyal following with its distinctive approach to moviegoing. However, the chain faced financial difficulties and filed for bankruptcy three years ago. . .
