03 Aug Justice Department to review decades-old rules for movie studios [LA Times]
By Ryan Faughnder
August 2, 2018 | In a surprise move that could have major implications for Hollywood, the U.S. Department of Justice is scrutinizing antitrust rules that for decades have governed the way movie studios do business with theaters. The Justice Department on Thursday said it has opened a review of the so-called Paramount consent decrees, which have regulated the ways studios distribute films to theaters for the last 70 years.
The decrees, a series of settlements entered between 1948 and 1952, fundamentally altered the way the movie industry worked by forcing studios to end their ownership of theater chains, thereby breaking up Hollywood’s monopoly on production, distribution and exhibition.
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