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Business
Alamo Drafthouse Cinema on South Lamar in Austin [Photo: Heather Kennedy]
The Last Word: Alamo Drafthouse Cinema Co‑Founder on Chain’s Acquisition by Sony Pictures Entertainment
by David Seeley | Jun 13, 2024
Moviegoers in Dallas-Fort Worth have had their cinema-loving dreams dashed—and raised again—in the space of a week. First came word that Angelika Film Center & Cafe Plano was closing, followed by news that the franchise group running five Dallas-Fort Worth Alamo Drafthouse Cinemas had closed them down and filed for Chapter 7 bankruptcy.
The raised hopes? That came Wednesday, when Sony Pictures Entertainment rocked Hollywood by announcing it had acquired Alamo Drafthouse Cinema and its 35 locations in 25 metro areas, as well as its much-loved Fantastic Fest film festival.
![Barbara Bush, co-founder and board chair of the nonprofit Global Health Corps, right, in conversation with Shena Ashley, vice president of Capital One community impact and investment and president at the Capital One Insight Center. [Photo: Capital One Reimagine Communities Summit 2024]](https://s24806.pcdn.co/wp-content/uploads/2024/06/CO.BarbaraBushPhoto3RCS.2024-crop-360x203.jpg)
by Capital One |
Jun 13, 2024
Innovators and experts share how nonprofits and corporations can work together to spur socioeconomic mobility at Capital One’s eighth annual summit.
sponsored by Capital One
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by Lance Murray |
Jun 12, 2024
"Together, we can enhance the region's defenses against a spectrum of threats, ensuring that North Texas has the tools and knowledge to remain a leader in innovation," said FBI Dallas Special Agent in Charge Chad Yarbrough.
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by Quincy Preston |
Jun 12, 2024
With a track record of success on both sides of the pitch, Healy is set to shake up the reality competition show and offer invaluable insights to aspiring entrepreneurs. He'll appear on the show alongside Netflix co-founder Marc Randolph and investor/entrepreneur Kim Perell.
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Klyde Warren Park [Photo: Dallas Arts District]
The Last Word: Food Truck Operator on the Planned $155M Expansion of Dallas’ Klyde Warren Park
by David Seeley | Jun 11, 2024
Downtown Dallas' Klyde Warren Park is slated to get a $155 million expansion, with 1.7 new acres extending the deck park over Woodall Rodgers Freeway via a new build-out between St. Paul and Akard. According to the Dallas Morning News, the park's leaders aim to re-bid the project—which was delayed by the pandemic—in 2025 and open the new addition by end of 2028.
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by David Seeley |
Jun 11, 2024
If you're a Pudge Rodriguez fan, you'll be able to rent a floor plan called The Pudge, named after one of the greatest catchers in Major League history. It's just one of 300 "world-class" luxury apartments in the heart of the Arlington Entertainment District, developed by the Texas Rangers and The Cordish Companies.
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by Lance Murray |
Jun 11, 2024
AVI Systems provides audiovisual and meeting room solutions for the modern workplace—and has also worked on large-scale projects including Texas Live! in Arlington. Its new Flower Mound logistics center offers "a factory-like approach to assembly, testing, logistics planning, and installation."
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by Lance Murray |
Jun 10, 2024
Darling—a global leader in turning food waste into sustainable products and a producer of renewable energy—is partnering with GreenGasUSA in the conversion plan.
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[Image: Oleksandr Shchus/istockphoto]
Plano-Based Zips Car Wash Soaks Up $70M Investment From New York PE Firm
by Lance Murray | Jun 10, 2024
Plano-based Zips Car Wash has secured a $70 million investment from Atlantic Street Capital, a private equity firm known for its hands-on approach with lower middle-market companies. The capital infusion aims to support Zips’ operating strategy, enhance member experience, and improve wash quality, according to Atlantic Street Capital (ASC).
Zips describes itself as the “largest privately held car wash operator in the U.S.”...
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by Jewels Clark |
Jun 10, 2024
At the Founders' Breakfast Masterclass in Dallas, Psyche Terry, Miss USA and CEO of Urban Hydration, announced her brand's inclusion in the Amazon Black Business Accelerator. Boss Women Media's CEO, Marty McDonald, launched the expansion of her infant/toddler clothing line, Elle Olivia, on Amazon. Plus, Sarah Jakes Roberts, Lady Jade, and other influential voices offered valuable insights to empower Black women entrepreneurs.
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by David Seeley |
Jun 10, 2024
Late last month, Sweden-based Ericsson hosted an event at its USA 5G Smart Factory in the Dallas-Fort Worth suburb of Lewisville. The expanded 300,000-square-foot "highly automated" manufacturing plant employees more than 500 people is "at the forefront of building the next generation of 5G infrastructure in the United States," the company says. To support its mission, Ericsson announced an additional investment of $50 million in the plant on top of an initial $100 million announced in 2020.
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by Lance Murray |
Jun 7, 2024
As head of HilltopSecurities Bank Solutions, Mat Parker oversees the firm-wide solutions for community and regional banks and reports to HilltopSecurities President and CEO Brad Winges.
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Tarrant County Commissioners Court appointed Dr. Brian Byrd as the new Tarrant County Public Health Director. [Photo: Tarrant County Commissioners Court]
Tarrant County Commissioners Appoint New Public Health Director
by Lance Murray | Jun 7, 2024
Dr. Brian Byrd is a Tarrant County native, a former Fort Worth City Council member, and a practicing physician who founded and served as CEO of Texas Family Medicine, a primary care physician group, for nearly a quarter of a century.
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by Lance Murray |
Jun 7, 2024
With over 25 years of financial leadership experience, Kice is set to guide RumbleOn in its ambitious journey to becoming the nation’s largest powersports retailer.
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by Lance Murray |
Jun 7, 2024
Vasu Raja has served as American’s chief commercial officer since April 2022.
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by Lance Murray |
Jun 7, 2024
Brian Peller will oversee Crestline Summit's middle and back-office operations, legal and compliance, accounting, and technology functions for the division of Crestline Investors Inc.
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