
With all of the media content that is readily available right now, it is no surprise that studios are quickly moving to launch their own streaming services to offer subscribers exclusive access to their films and television series. Disney has already capitalized on that market with Disney+, and Warner Bros. and NBCUniversal soon following with HBO Max and Peacock, respectively. And that’s all well and good for the streaming business.
But now it looks like these major studios may able to release films in their own movie theaters. The Justice Department is looking to remove the Paramount Consent Decree, which regulated how major movie studios distributed their films. More on the report below.
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