Federal Judge Gives Greenlight To Termination Of Paramount Consent Decrees

A federal judge has given the green light to Justice Department to terminate the 71-year-old consent decrees that have restricted major studio control over the exhibition process.


https://deadline.com/2020/08/paramount-consent-decrees-justice-department-2-1203007221/ 

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https://en.wikipedia.org/wiki/United_States_v._Paramount_Pictures,_Inc.

United States v. Paramount Pictures, Inc., 334 U.S. 131 (1948) (also known as the Hollywood Antitrust Case of 1948, the Paramount Case, the Paramount Decision or the Paramount Decree),^[1] was a landmark United States Supreme Court antitrust case that decided the fate of film studios owning their own theatres and holding exclusivity rights on which theatres would show their movies. It would also change the way Hollywood movies were produced, distributed, and exhibited. The Supreme Court affirmed (a District Court's ruling) in this case that the existing distribution scheme was in violation of the United States antitrust law, which prohibit certain exclusive dealing arrangements.^[2]

The case is important both in U.S. antitrust law and film history. In the former, it remains a landmark decision in vertical integration cases; in the latter, it is responsible for putting an end to the old Hollywood studio system.