6 ms·

There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creat

by mikece 5y ago

There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creation of content as well as distribution via digital and cinema consumption. This move would certainly add to the vertical integration theme and make them a heavier hitter in Hollywood.

spbaar 5y ago
Aren't movies and movie theaters one of the only industries where that type of vertical integration is explicitly illegal?
- deleted 5y ago
  [deleted]
- lotsofpulp 5y ago
  https://www.justice.gov/opa/pr/federal-court-terminates-paramount-consent-decrees https://www.justice.gov/opa/pr/federal-court-terminates-para... Not as of Aug 2020.
- deleted 5y ago
  [deleted]
- JohnHaugeland 5y ago
  Under the Paramount decrees of 1948, it was decided that the theaters plus the studios were creating a monopoly. After all, it's not like anyone had screens at home. That was vacated last year, in observation that TV and the internet now exist. https://www.justice.gov/opa/pr/department-justice-files-motion-terminate-paramount-consent-decrees https://www.justice.gov/opa/pr/department-justice-files-moti...