Alamo Drafthouse Cinema - Company Sold

Company Sold

In July 2004, Tim and Karrie League sold the brand, including the brand name, intellectual property and rights to all future Alamo Drafthouse expansion to the Alamo Drafthouse Cinemas CEO Terrell Braly, John Martin and David Kennedy, but retained an irrevocable license for the Austin locations (Village, Lamar, Downtown), which includes their Rolling Roadshow. In May 2003, Travis Doss opened the first Alamo franchise location (West Oaks Mall) in Houston, Texas with six screens. In August 2004, the largest Alamo (Westlakes) opened in San Antonio, Texas with nine screens. Since February 2005, the new company has purchased the original franchise unit from Doss, opened a theater in the Katy Area and in Harris County, Texas and has built a new-build multi-screen theater in the Rio Grande Valley; though it was announced in 2006 and scheduled to open in 2008, the building has remained unfinished since the original owner was foreclosed upon in November 2008. A second San Antonio theater opened in 2009 (Park North), with six screens. A third San Antonio location (Stone Oak) opened November 5, 2010, with six screens. In 2009, the first outside of Texas was opened in Winchester, Virginia.

In June 2010, founder Tim League was brought back in as CEO of the franchise operations.

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