Exhibition now operates like every other industry under the law, including rules governing anti-trust, monopolistic, and unfair business practice behavior. The ruling by U.S. District Judge Analisa Torres means the elevated rules governing studios no longer apply.
Here’s what this means:
It eases the barrier to studios operating theaters
The 1949 decree made it illegal for a theater owner to produce and distribute movies. For about two decades, five studios — MGM, Rko, Paramount, 20th Century Fox, and Warner Bros. — were considered