Amazon original movies get a bricks-and-mortar upgrade With AMC's extensive theater portfolio on hand, Amazon could decide to exclusively premiere its studio originals—now featuring even better talent!—in its own theaters for a short window, giving audiences a more engaging option than their own living rooms. In this scenario Amazon needn't carve off a slice of ticket sales to rival theater chains nor be terribly bothered by the long-term trend of streaming movies cutting into theatrical revenues—after all, it would control both parts of the pie.
Sound illegal? Under current legal precedent, it is. A 1948 Supreme Court ruling, United States v. Paramount Pictures, Inc., bars film studios from owning their own theaters in the name of antitrust. Yet in late November, the Justice Department's antitrust chief, Makan Delrahim, announced his intention to terminate those rules, describing them as no longer needed. If that decision were to come to pass—there would be a two-year sunset period, Delrahim said—Amazon could begin to capitalize on AMC's footprint in new ways.
Thanks, you are correct, I'm glad you pointed it out to me before the Mets/yankees game. I rather not stoop down to there level and bad mouth the wrong Billionaire. I sent you an article about the thieves.
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