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Keyword: movietheatres

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  • Federal Court Terminates Paramount Consent Decrees

    08/08/2020 5:09:58 PM PDT · by ransomnote · 10 replies
    justice.gov ^ | August 7, 2020 | Department of Justice
    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   “We appreciate the Court’s thoughtful opinion and ruling today granting our motion to terminate these outdated Paramount Decrees,” said Makan Delrahim, Assistant Attorney General for the Justice Department’s Antitrust Division.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...