INSIDER
Alamo Drafthouse co-founder to hold movie poster auction āto stay afloat and surviveā
Read full article: Alamo Drafthouse co-founder to hold movie poster auction āto stay afloat and surviveāAUSTIN ā One of the co-founders of the Alamo Drafthouse is holding a movie poster auction to help raise money during the COVID-19 pandemic and pay staff members and the cinemaās debt. Tim League, the cinemaās co-founder and executive chairman, decided to host the first-ever auction from his personal collection of nearly 2,000 Mondo limited edition prints, including posters no longer available. The company said 100% of the poster sale proceeds would go towards paying staff, paying debt and expenses accrued during the COVID-19 closures. āWe are therefore looking for unique ways to stay afloat and survive until normalcy returns. Related: Rudolph, Santa figures soar to sale of $368,000 at auction