Antitrust rules barring studios from owning movie theaters were swept aside Friday after a federal judge approved an effort by the Justice Department to do away with theThese laws have been in effect since the golden age of movies. They were intended to break up the stranglehold that major studios such as Warner Bros., 20th Century Fox, and Paramount once maintained on the business by preventing them from owning both the means of production and distribution.
On Friday, U.S. District Judge Analisa Torres found “…that termination of the Decrees is in the public interest.”
Savemovietheaters. My best friends & I don't live very close to each other. The theaters have always been more convenient places for us to meet. We really miss going to them.
'Doing away with those regulations will allow studios to force theater owners to show films limited commercial prospects if they want access to their more popular franchises.' Is this the end of Fathom Events!? Unfortunately, it comes to an end for smaller theaters...
That’s my AMC movie theater in nyc! 😭
Small theatres strike-out. ...eventually lift restrictions against “block booking” and “circuit dealing” after two years. Doing away with those regs will allow studios to force theater owners to show films w/ltd commercial prospects if they want access 2 their popular franchises
Judge might have approved ending Paramount Antitrust Consent Decree but it's unlikely studios will rush out and buy movie theaters
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