3 ms·
It comes down to power. Studios don't own theatres because they aren't powerful enough to lobby for that, but if were more profitable for studios and theatres t
by JMTQp8lwXL 6y ago
It comes down to power. Studios don't own theatres because they aren't powerful enough to lobby for that, but if were more profitable for studios and theatres to be vertically integrated (spoiler alert: it would), then you'd bet it'd happen. Maybe Disney will take the lead on that one.
Look, I don't like it either, but common people have statistically insignificant impact on whether or not legislation is passed.
https://www.youtube.com/watch?v=5tu32CCA_Ig&t=60 https://www.youtube.com/watch?v=5tu32CCA_Ig&t=60
- toast0 6y agoStudios don't own theatres because they lost an anti-trust case last century (United States v Paramount Pictures) and have been prohibited from owning theaters since, although the DOJ moved to end that last year, and it's now in a two year sunset period. Well, maybe, only the studios listed in the original consent decree were strictly prohibited, but nobody else did it, because they would risk being added, and lose their investment in theaters.
- chrismcb 6y agoHuh? Studios are probably the most powerful lobbyist on the planet, otherwise mickey mouse would be out of copyright. And we shoukdnt have the dmca fiasco.