News of the day...
News of the day...
Out of context: Reply #4040
- Started
- Last post
- 4,829 Responses
- R_Kercz1
Ars Technica: "Why movie theaters are in trouble after DOJ nixes 70-year-old case"
https://arstechnica.com/tech-pol…
On Friday, a federal judge agreed to the Department of Justice's petition to vacate the Paramount Consent Decrees, a landmark 1948 ruling that forbade vertical integration in the film sector and ended the Hollywood studio system. In isolation, the decision could raise some concerns. In a world where theaters are decimated thanks to a pandemic and consolidation among media firms is already rampant, the future for independent theaters looks grim.