Alamo Drafthouse

Alamo Drafthouse Cinema files for chapter 11

Alamo Drafthouse Cinema, the Texas-based theater chain that has become a favorite with cinephiles for its dine-in service and fan-forward approach to exhibition, has filed for Chapter 11. The bankruptcy filing comes as part of an asset purchase agreement with Altamont Capital Partners, a previous investor in the company, as well as affiliates of Fortress Investment Group, a new backer. The company says that operations will continue as normal and the Chapter 11 process and sale will give it the capital it needs to continue operating as it emerges from…

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Trafalgar Square, London. Photo by Marco Chilese on Unsplash

Survey: Brits won’t rush back, but will return to cinemas if reassured

Only one in five British people say they are willing to go to movie theaters when they first reopen in July, according to new research. However, three out of four say they would want to go back to cinemas eventually, but only after social distancing and rigorous cleaning is apparent. U.K. cinema owners are pinning their hopes on blockbusters like Christopher Nolan’s “Tenet” and Niki Caro’s “Mulan” to kick-start business, with one exhibitor referring to Nolan as “the savior of cinema,” during a webinar on Wednesday about the practicalities of…

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Vue Cinema Leicester Square, by Oxyman for Wikimedia Commons

“We will survive”: Vue International boss eyes mid-July to reopen cinemas

The road to recovery for much of Europe’s exhibition sector may still be an ambiguous prospect, but Vue International, one of the continent’s largest cinema chains, hopes to jumpstart business by mid-July. The exhibitor, which operates close to 2,000 screens across 10 countries including the U.K., Italy, Germany, Denmark and Taiwan, has shuttered all 228 sites except for its sole, 20-screen Taiwanese cinema, but CEO Tim Richards is bullish that restrictions will be relaxed and “people will be more comfortable going out again” by summer. “We know there’s going to…

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