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Antitrust Rules Against Studios Owning Movie Theaters Struck Down (Will That Save The Theaters?)

MEDIA Posted: August 13, 2020 6:31 am

Known as the Paramount Consent Degrees, the regulations followed from a 1948 U.S. Supreme Court ruling ordering Hollywood studios to sell off their national cinema chains; a US District Court judge has ruled that the current distribution landscape, including streaming, means those rules are no longer necessary. With chains reeling from the coronavirus lockdown (and AMC in particular facing bankruptcy), maybe Amazon and Netflix should just buy themselves chains? (Disney, no doubt, will.) – Wired

MEDIA Published: 08.11.20

Read the story in Wired Published: 08.11.20

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