Alamo Drafthouse co-founder auctioning off rare movie poster collection to pay employees

Bids will start at $1

Courtesy: Alamo Drafthouse Cinema
Courtesy: Alamo Drafthouse Cinema

AUSTIN, Texas – One of the co-founders of Alamo Drafthouse is auctioning off nearly 2,000 “rare and highly sought-after hand-silkscreened, limited edition prints,” according to the movie theater chain.

Items from the auction, which kicks off at 5 p.m. on Nov. 29, are coming directly from Alamo Drafthouse co-founder and executive chairman Tim League’s collection.

Founded in Austin in 1997, the cinemas have been facing financial hardship as a direct result of the coronavirus pandemic.

“We are legally unable to open many of our venues, and where we can open, our capacity is significantly reduced, the product - the supply of blockbuster films - has evaporated, and our debt from accrued rent during closure continues to mount,” League said.

One hundred percent of the proceeds from the auction will be used to pay Alamo Drafthouse staff and the debt that has accrued from the cinema closures.

The auction, which will close on Dec. 13, will also include “the largest and most comprehensive auction of Mondo prints ever,” according to Alamo Drafthouse.

All items in the auction are certified to be originals and are considered to be in mint or near-mint condition. Bidders must have a free account at eMovieposter.com to bid.


About the Author:

Mary Claire Patton has been a journalist with KSAT 12 since 2015. She has reported on several high-profile stories during her career at KSAT and specializes in trending news and things to do around Texas and San Antonio.