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Alamo Drafthouse Is “Not Going To Be A Massive Business, But It’s Going To Grow,” Sony Pictures Entertainment CEO Tony Vinciquerra Says
Sony Pictures Entertainment CEO Tony Vinciquerra says Alamo Drafthouse, which it acquired last June, is small but has a tight bond with its customers.
In some of his first pubic comments since the acquisition of Alamo Drafthouse, Sony Pictures Entertainment CEO Tony Vinciquerra said the theater chain may be small, but its customer loyalty is mighty. “In our business of producing TV and film, we don’t have direct contact with our customers,” the CEO added, making Alamo’s strong grip on its patrons especially valuable. Speaking of the chain’s sites, the exec noted that most are outside of New York, Los Angeles, Chicago and San Francisco, which together have historically accounted for about 25% of total box office.
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