Why Eliminating the Paramount Antitrust Decrees Won’t Shake Up the Movie Business

  • 📰 Variety
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The Paramount Decrees have been the rules of the road for Hollywood since the golden age of movies, but the Justice Department’s decision to do away with directives that were hammered out dec…

Decrees have been the rules of the road for Hollywood since the golden age of movies, but the Justice Department’s decision to do away with directives that were hammered out decades before the rise of cable or streaming has barely registered within the entertainment industry.

For one thing, the rules failed to include one key player, the Walt Disney Company, which was not part of the restrictions because they were not a target of the original lawsuit that brought these regulations into effect. Moreover, the entertainment landscape has changed so dramatically since the consent decrees were enacted that the companies being governed by the restrictions have changed almost beyond recognition.

“No studio wants to own a theater right now,” said Eric Handler, an analyst with MKM Partners. “They’re all focused on launching their SVOD and direct-to-consumer services.” Insiders say that the move came as part of a larger deregulatory push by the Trump administration and was not initiated at the urging of movie studios or theater owners, though both were consulted. In the exhibition community, theater owners were clear that they wanted the ban on block booking to stay in place.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 108. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Exhibitor Stocks Gain On News Of 1948 Paramount Decree Being LiftedThe Department of Justice decision to roll back decades-old regulations governing studios and movie theaters pushed beleaguered exhibition stocks higher Tuesday as investors saw the upside of the m…
출처: DEADLINE - 🏆 109. / 63 더 많은 것을 읽으십시오 »

Exhibitor Stocks Gain On News Of 1948 Paramount Decree Being LiftedThe Department of Justice decision to roll back decades-old regulations governing studios and movie theaters pushed beleaguered exhibition stocks higher Tuesday as investors saw the upside of the m…
출처: DEADLINE - 🏆 109. / 63 더 많은 것을 읽으십시오 »

Justice Department to throw out decades-old film business regulations. What effect will it have?The so-called Paramount decrees have governed film distribution and exhibition for decades. The Justice Department views them as out of date.
출처: latimes - 🏆 11. / 82 더 많은 것을 읽으십시오 »