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- cross-posted to:
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I really hope this is a good thing. I don’t want to see theaters die, but I really hope Sony doesn’t interfere with the things that make Alamo Drafthouse great… I really hope they can rectify the closure of all the DFW locations as well.
That’s not what monopoly means? The merger should absolutely be scrutinized for the potential anti-competitive ramifications, but vertical integration isn’t immediately not allowed.
Typically true, but this situation used to be an exception.
https://www.fool.com/investing/2022/01/29/why-movie-theaters-could-be-the-next-big-acquisiti/#:~:text=In 1948%2C the Supreme Court,theaters due to antitrust laws.
Might not be the best source but there are tons to choose from. Basically, for 70+ years studios could not own theaters. Now they can.
Wait wtf. What was the reasoning for removing that restriction!?!?
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Huh, neat! Had no idea. Seems like an odd exception.