Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
#26
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
I'm trying to think positively as now two of my favorite theaters had to close in downtown KC. Eventually a theater chain will come in to replace the now vacant Mainstreet building and the other local chain said they hope their second theater can comeback when there are better days ahead.
#27
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
More worried about the future of Mondo than the theaters. Greedy I guess, since I can get posters & albums, but haven't visited one of their theaters (yet).
#28
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
On Facebook they said they hope the Tapcade might be able to come back if they fully recover from Covid.
#30
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
#31
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
I'm putting this news here for the few KC people here. B&B Theaters might be a potential tenant for the Mainstreet Theater. This story seems like a rumor at the moment but it does say the Cordish Company who runs the Power and Light District is looking for a theater tennant to fill the now vacant building. I'd have no problem with B&B taking over but I wish they could have retro movies shown at the theater as well.
https://www.flatlandkc.org/news-issu...ouse-downtown/
https://www.flatlandkc.org/news-issu...ouse-downtown/
#32
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Thread Starter
Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
I'm putting this news here for the few KC people here. B&B Theaters might be a potential tenant for the Mainstreet Theater. This story seems like a rumor at the moment but it does say the Cordish Company who runs the Power and Light District is looking for a theater tennant to fill the now vacant building. I'd have no problem with B&B taking over but I wish they could have retro movies shown at the theater as well.
https://www.flatlandkc.org/news-issu...ouse-downtown/
https://www.flatlandkc.org/news-issu...ouse-downtown/
#33
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
#34
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
Originally Posted by Deadline
Alamo Drafthouse Completes Sale: Out Of Bankruptcy And Opening Five New Theaters As Box Office Revives
In addition, the The Lower Manhattan, Staten Island (w/ Flying Guillotine bar), D.C., Crystal City, and St. Louis locations are back on track to open.
#35
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
Opening five new theaters? It still pisses me off they left town.
#36
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
I imagine that stings a bit.
The location near me has been doing decently, it seems. And they've stopped doing buffer seating.
They're still planning another location on the other side of Houston, too.
The location near me has been doing decently, it seems. And they've stopped doing buffer seating.
They're still planning another location on the other side of Houston, too.
#37
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
I'm guessing the KC location would still do better than a location in St. Louis.
#38
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
We lost 2 here in town including their so-called flagship, but there's still 4 left. Still not hitting them anytime soon.
#39
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
^ South Lamar (one of the older ones with arguably worse seating/rows) seems to be staying open, and will host Fantastic Fest this year. I'm tempted to go, but damn, why is Austin so expensive? Pshaw!
#40
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
They renovated it a while back. Definitely no seating/row issues now. Everything seems so damn expensive now.
#41
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
A few weeks ago I went to see Wrath of Man at an Alamo Drafthouse (in Woodbridge, VA). It was the very first time I've ever been to the chain and I was *greatly* impressed. I dare say it was the best theater I've ever been to, considering their no-talking/phone policies, cleanliness, seating, food, and overall vibe. It was worth paying the premium. I really wish we'd get one here in Richmond.
My girlfriend lives an hour north from me and the Alamo is about 40 minutes further up the road from her. I imagine I'll be opting to make the trek to see movies there many more times in the future.
My girlfriend lives an hour north from me and the Alamo is about 40 minutes further up the road from her. I imagine I'll be opting to make the trek to see movies there many more times in the future.
#42
Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
On another note, I went to the Drafthouse website and they promote it with a photo of a large crowd enjoying a film, and everyone has a big tray filled with film food in front of them and big metal bowls of popcorn. Is this what it's actually like? What if you're not eating?
#43
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Re: Alamo Drafthouse Files for Chapter 11, Announces Sale to Altamont Capital, Fortress Investment
I'm well aware of the crime problems in St. Louis. Yes that photo is what the Drafthouse is like. You can place a food order from your seat and a waiter brings it to you.