In wake of coronavirus, Alamo Drafthouse has put together a $2 million emergency relief fund for staff members who were furloughed, Variety has learned exclusively.
The reserve extends to those who work in company headquarters and corporate-owned venues. Alamo Drafthouse closed 40 locations earlier this week, over half of which are corporate-owned.
The remaining multiplexes are franchised and will rely on independent resources to handle the closures. Major theater chains across the country had to shutter locations for an indefinite period of time to lower risk of exposure to coronavirus.
Approximately 80% of Alamo’s corporate staff, along with almost all theater employees, was furloughed, with only a few core employees remaining.
Read more on variety.com
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