I think this may help local theater owners. The biggest threat to local
theater owners is private equity gobbling up real  estate. They’ve ruined
housing so theater real estate is next.

I think Sony is seeing the trend that megaplexes are not the draw they used
to be and more curated/intimate experiences are. Tarantino’s theaters are
doing well here as is Vidiots, etc.

I think Sony is jumping on that. Not sure how it will pan out with
anti-trust laws but our business is in such sad shape now they may be able
to move without any scrutiny.

On Thu, Jun 13, 2024 at 4:46 PM Richard Halegua MPB.auction
<[email protected]> wrote:

> really, I'm not entirely certain what Sony's endgame is here, considering
> that theatre seats aren't selling as well as they were pre-pandemic and the
> subscription model is kicking ass
>
> are they going to use it as a test market for more expensive seating & a
> different theatre experience as Spielberg, Lucas, Scorcese & Coppola have
> described?
>
> Use it as a film premiere venue & experience?
>
> Is it a harbinger of theatre chains being taken over by the film
> producers, to cut down competition & drive local theatre owners out of
> business?
>
>
> On 6/13/2024 3:20 PM, Phillip Ayling wrote:
>
>
> https://variety.com/2024/film/news/sony-pictures-buys-alamo-drafthouse-cinemas-1236035292/
>
>
>
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