The Alamo Drafthouse has filed for Chapter 11 Bankruptcy! It seems Covid-19 has hit Texas's favorite theater chain particularly hard as the Alamo Drafthouse Cinema has had to restructure its business with the help of Altamont Capital Partners and Fortress Investment Group. The Alamo Draft House has had to close underperforming locations in Austin and other cities to stay afloat, but the Alamo Drafthouse is worth it! What does the future hold for this awesome cinema chain? We discuss it in this video!
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