The Justice Departmentfiled a motion Friday in a New York federal court to terminate the Paramount consent decrees, the 71-year-old rules that have restricted studio distributors’ control over exhibition.
If a judge approves the motion, it would clear the way for studios to once again take significant ownership of…
UPDATED with closing stock prices. The Department of Justice revelation Monday of its plan to roll back decades-old regulations governing studios and movie theaters pushed beleaguered exhibition stocks higher Tuesday as investors saw the upside of the move.
On Wall Street, shares in AMC Entertainment, the No. 1…
In the hours after the Justice Department announced it would move to terminate the Paramount consent decrees, the stock price in AMC, Cinemark and IMAX all popped in after-hours trading.
But even if studios are freed from 71-year-old restrictions that prevent them from exercising significant control over the…
The Justice Department will ask a federal court to eliminate the Paramount consent decrees, the 71-year-old restrictions on major distributors’ control of the exhibition pipeline.
The elimination of the decrees could alter the dynamics of the business, and perhaps lead to further consolidation. But the DOJ, which has…
Already under investigation and review by the Federal Trade Commission and the Department of Justice, tech giants like Facebook, Amazon and Alphabet could soon face similar probes in more than a dozen states.
Appearing Tuesday at the the Technology Policy Institute's Aspen Forum (see full video above), DOJ antitrust…
Makan Delrahim, the Donald Trump appointee at the U.S. Department of Justice, who heads the antitrust division and led the lawsuit seeking to block AT&T’s Time Warner acquisition, has a new target: tech giants.
Delrahim’s boss, Attorney General William Barr, has increased rhetoric questioning tech company methods in…
In a keynote conversation at the NAB Show in Las Vegas, Department of Justice antitrust chief Makan Delrahim pointed to a carriage impasse between the UFC and DirecTV as proof of AT&T’s monopoly power now that it owns WarnerMedia.
Last month, ESPN signed an expanded deal with the UFC that makes the streaming platform…
Makan Delrahim, head of the U.S. Department of Justice’s antitrust division, said the DOJ’s legal defeat in its long quest to block AT&T’s acquisition of Time Warner was disappointing but did bear some fruit on appeal.
“You learn more from losing than from winning,” Delrahim said in a speech at a Washington conference…
The pending $3.6 billion merger of Gray TV and Raycom, one of the two mega-deals poised to transform the local TV sector, is facing final regulatory conditions before it can proceed.
Antitrust regulators at the Department of Justice today ordered the companies to divest stations in nine markets in order to avoid a…
The Department of Justice said today that it has reached a settlement with six broadcast television companies, including Sinclair Broadcast Group Inc. and Tribune Media Company, to end the unlawful agreements to share non-public competitive information.
The Justice Department's Antitrust Division filed a civil…
In a speech today at the Global Antitrust Enforcement Symposium, Department of Justice antitrust chief Makan Delrahim outlined plans to “modernize” the merger review process, making it shorter and more effective.
“There is widespread agreement that significant merger reviews are taking longer to complete.” he said…
