Judge Approves Termination Of Paramount Consent Decrees
to terminate the 71-year-old consent decrees that have restricted major studio control over the exhibition process.
“Because changes in antitrust law and administration have diminished the importance of the Decrees’ restrictions, while still providing protections that will keep the probability of future violations low, the Court finds that termination of the Decrees is in the public interest,” wrote U.S. District Judge Analisa Torres in a ruling issued on Friday.
Under the plan to terminate the decrees, restrictions on block booking and circuit dealing will remain in place over a two-year sunset period.
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