Showbiz Sandbox 470: The End of the Paramount Consent Decree




Showbiz Sandbox show

Summary: The Department of Justice has announced their intention to jettison the Paramount Consent Decree, the agreement that ended the studio system and under which the film industry has operated for the past 70 years. What will this mean for movie theater operators moving forward? Now that studios have become big media conglomerates will they behave anti-competitively?<br> Speaking of agreements, more mid-level talent agencies have signed the Writers Guild of America’s code of conduct. In the process, these agencies have gotten the WGA to agree not to enforce the ban on television packaging until one of four major firms signs on.<br> Meanwhile, the Thanksgiving holiday weekend was once again a time for audiences to return to cinemas en masse. However this year instead of going to see the latest blockbuster sequel, moviegoers actually sought out original films.<br> Of course we also cover the week’s top entertainment headlines including the Grammy nominations, why Netflix bought a movie theater in New York City and the controversy over the firing of Gabrielle Union from “America’s Got Talent.”<br> <br> Box Office: ‘Frozen 2’ Breaks More Box Records And Reaches $739 Million Worldwide<br> <a href="https://www.forbes.com/sites/scottmendelson/2019/12/01/box-office-walt-disney-frozen-2-starring-idina-menzel-and-kristen-bell-breaks-thanksgiving-records-and-tops-738-million-worldwide/" target="_blank" rel="noopener">https://www.forbes.com/sites/scottmendelson/2019/12/01/box-office-walt-disney-frozen-2-starring-idina-menzel-and-kristen-bell-breaks-thanksgiving-records-and-tops-738-million-worldwide/</a><br> ‘Frozen II’ Feasts on Thanksgiving Records While ‘Knives Out’ &amp; ‘Queen &amp; Slim’ Enjoy Strong Holiday Openings<br> <a href="https://www.boxofficemojo.com/article/ed3278898180/" target="_blank" rel="noopener">https://www.boxofficemojo.com/article/ed3278898180/</a><br> Rothman Brecher Agency Signs Writers Guild Code<br> <a href="https://www.hollywoodreporter.com/news/rothman-brecher-agency-signs-writers-guild-code-1256062" target="_blank" rel="noopener">https://www.hollywoodreporter.com/news/rothman-brecher-agency-signs-writers-guild-code-1256062</a><br> WGA Allows Packaging For Smaller Agencies, Relaxes Affiliated Production Ban In Latest Franchise Agreement<br> <a href="https://deadline.com/2019/11/wga-franchise-agreement-allow-smaller-agencies-continue-packaging-indefinitely-relaxed-agency-affiliated-production-ban-1202793561/" target="_blank" rel="noopener">https://deadline.com/2019/11/wga-franchise-agreement-allow-smaller-agencies-continue-packaging-indefinitely-relaxed-agency-affiliated-production-ban-1202793561/</a><br> Grammy Awards Nominations: The Complete List<br> <a href="https://variety.com/2019/music/news/2020-grammys-nominations-list-1203410085/" target="_blank" rel="noopener">https://variety.com/2019/music/news/2020-grammys-nominations-list-1203410085/</a><br> Justice Department Moves to End Paramount Antitrust Decrees<br> <a href="https://variety.com/2019/biz/news/paramount-decrees-end-makan-delrahim-1203408484/" target="_blank" rel="noopener">https://variety.com/2019/biz/news/paramount-decrees-end-makan-delrahim-1203408484/</a><br> Record Number of TV Episodes Directed by Women or Directors of Color<br> <a href="https://variety.com/2019/tv/news/tv-directors-diversity-record-1203408936/" target="_blank" rel="noopener">https://variety.com/2019/tv/news/tv-directors-diversity-record-1203408936/</a><br> Authorities to Arcades: No Kids Under 18 Except on Holidays<br> <a href="https://www.sixthtone.com/news/1004865/authorities-to-arcades-no-kids-under-18-except-on-holidays" target="_blank" rel="noopener">https://www.sixthtone.com/news/1004865/authorities-to-arcades-no-kids-under-18-except-on-holidays</a><br> Netflix Seals Long Term Deal To Keep Gotham’s Last Single-Screen Picture Palace Alive<br> <a href="https://deadline.com/2019/11/paris-theatre-longerm-lease-netflix-marriage-story-th..."></a>