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🍿Disney May Soon Own All the Movie Theaters in America
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🍿Disney May Soon Own All the Movie Theaters in America

Ehsan Zaffar's avatar
Ehsan Zaffar
Sep 04, 2020
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🍿Disney May Soon Own All the Movie Theaters in America
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Disney has become a behemoth. If you walked into any major movie theater last year, it was statistically impossible for there not to have been at least two (and likely far more) Disney movies playing at any given time. In fact, seven of the top ten grossing moves from 2019 were Disney films. 

Even this crazy infographic cannot capture the insanity of just how much stuffDisney owns

And as of last Friday, the law that prevented a studio from buying major theater chains ... is gone ... making it possible that your local cinema could also be owned by Disney.

On Friday a federal judge agreed to vacate a decades old consent decree that forbade Paramount Studios from vertically integrating in the film sector. This 1948 decree effectively ended the studio system of the early 1900's and allowed for the creation of independent movie studios as well as smaller theater chains.

This decision wouldn't be an issue except for the fact that we have a pandemic on our hands - one which has made movie theate…

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