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#1241 | |
Blu-ray Champion
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Last edited by The Debts; 09-20-2021 at 09:38 PM. |
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#1242 | |
Power Member
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That being said, my comment does dovetail yours as an opposing viewpoint. Besides which...and I haven't read the article, so maybe they touch on it...since Apple has a "studio" arm are they even legally permitted to operate a theater chain? I know it's been several decades...closer to 10 than 5, but the studios at one point owned their own theater chains and it was generally considered a bad thing. So much so that the government broke them up and made laws (which I'm fairly certain are still in place) against it. |
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Thanks given by: | The Debts (09-20-2021) |
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#1244 | |
Blu-ray Baron
Jan 2019
Albuquerque, NM
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https://www.applecinemas.com/ |
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#1246 | |
Blu-ray Samurai
Aug 2021
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Which makes sense, because otherwise the legal question would have to be asked about how a studio owning a theater is any different from a studio owning a streaming service. I am surprised that Netflix did not successfully argue this in courts when the studios told 'em to suck an egg, cuz we're making our own streaming services to cut you out. |
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Thanks given by: | JediJones77 (09-21-2021) |
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#1247 | |
Power Member
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https://www.justice.gov/opa/pr/feder...%20businesses. Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, August 7, 2020 Federal Court Terminates Paramount Consent Decrees A federal court in the Southern District of New York today terminated the Paramount Consent Decrees, which for over seventy years have regulated how certain movie studios distribute films to movie theatres. The review and termination of these Decrees were part of the Department of Justice’s review of legacy antitrust judgments that dated back to the 1890’s and has resulted in the termination of nearly 800 perpetual decrees. “We appreciate the Court’s thoughtful opinion and ruling today granting our motion to terminate these outdated Paramount Decrees,” said Makan Delrahim, Assistant Attorney General for the Justice Department’s Antitrust Division. “As the Court points out, Gone with the Wind, The Wizard of Oz, and It’s a Wonderful Life were the blockbusters when these Decrees were litigated; the movie industry and how Americans enjoy their movies have changed leaps and bounds in these intervening years. Without these restraints on the market, American ingenuity is again free to experiment with different business models that can benefit consumers.” In summary, the Court concluded that the government had offered a persuasive explanation for why termination of the Paramount Decrees serves the public interest in free and unfettered competition. The conspiracy and practices that existed decades ago no longer exist. New technology has created many different movie platforms that did not exist when the Decrees were entered into, including cable and broadcast television, DVDs, and streaming and download services. The litigation underlying the Decrees dates back to 1938. After several years of litigation, including a Supreme Court’s decision in United States v. Paramount, 334 U.S. 131 (1948), the Antitrust Division and the defendants entered into a series of consent decrees, collectively called the Paramount Decrees. These Decrees required the movie studios to separate their distribution operations from their exhibition businesses. They also banned various motion picture distribution practices, including block booking (bundling multiple films into one theatre license), circuit dealing (entering into one license that covered all theatres in a theatre circuit), resale price maintenance (setting minimum prices on movie tickets), and granting overbroad clearances (exclusive film licenses for specific geographic areas). The Court terminated the Decrees, effective immediately, but allowed for a two-year sunset period on the Decrees’ provisions banning block booking and circuit dealing to. This sunset provision was at the request of the Antitrust Division to allow the theatre and motion picture industry to have an orderly transition to the new licensing changes. |
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#1248 |
Blu-ray Baron
Jan 2019
Albuquerque, NM
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The Walt Disney Company was never part of the Paramount Consent Decrees. They could have purchased movie theaters anytime they wanted. Other than The El Capatain, they haven't. That has to give you some insight as to their desire to own movie theaters.
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#1249 |
Blu-ray Grand Duke
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Sony’s movie boss says he expects more games company buyouts
PICTURES CEO BELIEVES MOVIES CONSOLIDATION HAS PEAKED AND GAMES WILL BE THE “NEW GROWTH AREA” https://www.videogameschronicle.com/...mpany-buyouts/ |
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#1254 |
Blu-ray Grand Duke
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#1255 |
Blu-ray Grand Duke
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IATSE to Hold Strike Authorization Vote
►Stalled contract talks. Hollywood union IATSE is set to hold a historic strike authorization vote after the latest contract talks between the organization and producers faltered. Union president Matthew D. Loeb and 13 West Coast Local leaders sent a message to tens of thousands of entertainment workers on Monday saying that they will "proceed with a nationwide strike authorization vote to demonstrate our commitment to achieving the change that is long overdue in this industry." https://www.hollywoodreporter.com/bu...4c9ce9541f3e30 |
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#1256 |
Banned
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It really sucks for Venom that it only gets premium screens for one week, due to Sony's stupid late-stage date shifting and backpedaling. After Shang-Chi is about to enter its 4th week with premium screens, unless they really give them to Evan Hansen this week. I really can't see Hansen getting the 4DX theaters though.
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#1257 |
Blu-ray Grand Duke
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“Change That Is Long Overdue”: Why IATSE May Call for a Strike
Workers in the 150,000-member Hollywood crafts union are frustrated with low pay and marathon workdays that are no longer viewed as a "badge of honor," while asking for stricter penalties for missed meal breaks and greater compensation for streaming projects. https://www.hollywoodreporter.com/bu...4c9ce9541f3e30 |
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#1258 | |
Blu-ray Baron
Jan 2019
Albuquerque, NM
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Barco Celebrates 100,000 Digital Cinema Projectors Production Milestone
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#1259 |
Blu-ray Grand Duke
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Eddie Murphy Signs Three-Picture, First Look Deal With Amazon
The streamer worked with Murphy on his 'Coming to America' sequel. https://www.hollywoodreporter.com/mo...4c9ce9541f3e30 |
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#1260 |
Blu-ray Baron
Jan 2019
Albuquerque, NM
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![]() ![]() Historic former theater being converted into all-ages music club adds new restaurant https://www.msn.com/en-us/money/real...cid=spartandhp |
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