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Entertainment & Sports,
Antitrust & Trade Reg.

Dec. 4, 2019

Thanks for the memories, Paramount Consent Decrees

Recently, Assistant Attorney General Makan Delrahim announced a new policy for the Justice Department’s Antitrust Division: a reversal of the enforcement of the Paramount Consent Decrees which included a two-year sunset period to end the prohibition of block booking.

Jeff Cohen

Co-Founder
Cohen Gardner LLP

Email: jeff@cohengardnerlaw.com

Jeff played Chunk in the film "Goonies." Please don't hold that against him. He is also author of "The Dealmaker's Ten Commandments," published by the ABA.

Thanks for the memories, Paramount Consent Decrees
Makan Delrahim in New York last month. (New York Times News Service)

In 1948, the Hollywood "Studio System" was mortally wounded by an antitrust U.S. Supreme Court decision in favor of the government in United States v. Paramount Pictures, Inc., which, after a decade-long battle, led to the Paramount Consent Decrees.

At the time, the major film studios owned many of the theaters where the studios' productions were exhibited. I...

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