Alamo Drafthouse Is Reportedly Up For Sale [Video]

Alamo Drafthouse, one of the only corporate chains in America that is actually cool, is up for sale. Deadline reports that the cinema circuit, which was founded by entrepreneur Tim League in Austin, Texas, in 1997, is looking for a buyer, although it’s not clear what the asking price is. Let us pray that private equity vultures stay the hell away from it.

The chain, which is hugely popular among cinephiles and is known for its special guest appearances, as well as for serving food and drinks to customers, has had some ups and downs over the past two decades but has remained a remarkably strong brand in an industry that is dominated by the likes of Regal and Cinemark. The chain filed for bankruptcyin March of 2021, at the height of the pandemic, when movie-going numbers were plummeting. That downturn did not last …