{"id":60754,"date":"2020-08-10T16:00:00","date_gmt":"2020-08-10T16:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2702053"},"modified":"2020-08-10T16:00:00","modified_gmt":"2020-08-10T16:00:00","slug":"a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/08\/10\/a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment\/","title":{"rendered":"A Landmark Hollywood Law Has Been Revoked\u2014Will Disney, Amazon, and Netflix Seize the Moment?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4218-logo.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<div class=\"lede-background\">\n<header class=\"content-header content-header--align-center content-header--position-above article__content-header content-header__caption-style--default content-header--publish-date-bottom\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;ContentHeader&quot;}\" data-include-experiments=\"true\">\n<div class=\"content-header__container content-header__container-theme-standard\">\n<div class=\"lead-asset lead-asset--landscape content-header__lead-asset\">\n<figure class=\"lead-asset__content\" style=\"text-align: center\">\n<div class=\"lead-asset__content__media lead-asset__content__photo\" style=\"text-align: center\"><span class=\"responsive-asset lead-asset__media\"><img loading=\"lazy\" decoding=\"async\" class=\"responsive-image__image\" src=\"https:\/\/media.vanityfair.com\/photos\/5f2dab34ea4a2b0e8b86446c\/master\/w_2560%2Cc_limit\/shutterstock_editorial_9454009b.jpg\" alt=\"Image may contain Light Flare Building Metropolis Urban Town City Office Building Downtown Banister and Handrail\" width=\"649\" height=\"384\" \/><\/span><\/div><figcaption class=\"caption lead-asset__caption\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-include-experiments=\"true\"><span class=\"caption__credit\">BY LARRY W SMITH\/EPA-EFE\/SHUTTERSTOCK<\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<aside class=\"persistent-aside persistent-aside--align-left\">\n<div class=\"sticky-box article__social-share sticky-box--hide\">\n<div class=\"sticky-box__primary\">\n<div class=\"social-icons social-icons--has-background social-icons--share social-icons--bg\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;SocialIcons&quot;}\" data-include-experiments=\"true\">\n<div class=\"alert bookmark-icon-alert alert-position-right alert--hidden\" role=\"tooltip\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;m&quot;}\" data-include-experiments=\"true\">\n<div class=\"alert-arrow\" role=\"presentation\" aria-hidden=\"true\">&nbsp;<\/div>\n<div class=\"alert-message\">\n<div>On Friday a Federal Judge in Manhattan&nbsp;<a class=\"external-link\" href=\"https:\/\/www.nytimes.com\/reuters\/2020\/08\/07\/arts\/07reuters-usa-film-antitrust.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.nytimes.com\/reuters\/2020\/08\/07\/arts\/07reuters-usa-film-antitrust.html&quot;}\">reversed a decision<\/a>&nbsp;held since 1948 concerning the exhibition of motion pictures. The &ldquo;Paramount Decrees&rdquo; stemmed from a Supreme Court ruling that disallowed movie studios from owning their own theaters. It also ended (or at least curtailed) the practice of &ldquo;block booking,&rdquo; in which a studio could force titles of less interest onto theaters if they also wanted something that was a more surefire hit.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/header>\n<\/div>\n<div class=\"content-background\" data-attribute-verso-pattern=\"article-body\">\n<div class=\"\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;ChunkedArticleContent&quot;}\" data-include-experiments=\"true\">\n<div class=\"article__chunks\">\n<div class=\"grid grid-margins grid-items-2 grid-layout--adrail narrow wide-adrail\">\n<div class=\"grid--item body body__container article__body grid-layout__content\">\n<p>Paramount was the primary defendant alongside MGM, Warner Bros., 20th Century Fox, RKO, comprising the &ldquo;Big Five&rdquo; of the era, with Columbia Pictures, Universal Pictures, and United Artists, known as the &ldquo;Little Three.&rdquo; The decrees are&nbsp;<a class=\"external-link\" href=\"https:\/\/www.history.com\/this-day-in-history\/u-s-supreme-court-decides-paramount-antitrust-case\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-event-click=\"{&quot;element&quot;:&quot;ExternalLink&quot;,&quot;outgoingURL&quot;:&quot;https:\/\/www.history.com\/this-day-in-history\/u-s-supreme-court-decides-paramount-antitrust-case&quot;}\">often cited<\/a>&nbsp;as a significant turning point for the end of the classic studio system, allowing independent producers to compete for audience share and direct access to actors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.vanityfair.com\/hollywood\/2020\/08\/a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment\" target=\"_blank\">https:\/\/www.vanityfair.com\/hollywood\/2020\/08\/a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment<\/a><br \/><b>Contact Information:<\/b><br \/>JORDAN HOFFMAN<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>JORDAN HOFFMAN<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/06\/4218-logo.png\" alt=\"\">BY LARRY W SMITH\/EPA-EFE\/SHUTTERSTOCK &nbsp; On Friday a Federal Judge in Manhattan&nbsp;reversed a decision&nbsp;held since 1948 concerning the exhibition of motion pictures. The &ldquo;Paramount Decrees&rdquo; stemmed from a Supreme Court ruling that disallowed movie studios from owning their own theaters. It also ended (or at least curtailed) the practice of &ldquo;block booking,&rdquo; in which a &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/08\/10\/a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment\/\">Continue reading <span>A Landmark Hollywood Law Has Been Revoked&mdash;Will Disney, Amazon, and Netflix Seize the Moment?<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/08\/10\/a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":129,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-60754","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Landmark Hollywood Law Has Been Revoked\u2014Will Disney, Amazon, and Netflix Seize the Moment? - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/08\/10\/a-landmark-hollywood-law-has-been-revoked-will-disney-amazon-and-netflix-seize-the-moment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Landmark Hollywood Law Has Been Revoked\u2014Will Disney, Amazon, and Netflix Seize the Moment? - Business\" \/>\n<meta property=\"og:description\" content=\"BY LARRY W SMITH\/EPA-EFE\/SHUTTERSTOCK &nbsp; On Friday a Federal Judge in Manhattan&nbsp;reversed a decision&nbsp;held since 1948 concerning the exhibition of motion pictures. 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