You know how it’s almost impossible to ever see one of those big blockbuster films showing at the little movie theater down the street? That issue is largely the result of exclusive agreements between large theater chains and film studios that effectively prevent independent rivals from showing certain films. While these deals might be great for the bigger companies, they aren’t so awesome for consumers. And so, 10 state attorneys general are looking into whether or not the contracts used by Regal Cinemas, AMC Entertainment, and Cinemark constitute antitrust violations. [More]
clearance agreements
AMC, Regal Theater Chains Targeted In Antitrust Inquiry
Exclusive agreements between large movie theater chains and film studios that are effectively used to prevent independent rivals from showing certain films have caught the watchful eye of the Department of Justice’s Antitrust Division, with investigators now requesting information about the increasingly popular tactic from two of the nation’s largest cinema operators, AMC Entertainment and Regal Entertainment. [More]