Paramount decree may be a solution to regulate the theatres in China
Tue Jun 12 14:28:00 CST 2018 Published by:Editor

The State Film Bureau recently commenced an investigation into bad-faith manipulation of box offices and massive ticket refunds for the romance “Us and Them.” The SFB came to a preliminary conclusion that the pattern of ticket refunds is “abnormal.”It is difficult to curb the current chaos in the theater industry due to the different players involved in this “game of thrones” at various times. From “stealing box office receipts” (counting some of the earnings of one film as earnings of another) by cinemas to improve the performance of their own films, to “buying up box office receipts”conducted jointly by production companies and cinemas to inflate stock prices, to “box office fraud” conducted jointly by film distributors and ticketing platforms to play the theaters, ultimately all of these shady practices are aimed at the same goal: short-term benefits from speculation. Under the U.S. Paramount decree, although a film can be produced and distributed by the same company, giant studios are not allowed to show their films in their own theatres – studios and theaters must be separately owned. When the studio and the theater are no longer “family”, the cost of buying up box office receipts increases and it is pointless to increase the screenings of films through box office fraud; thereby preventing unhealthy competition among studios.

(Source: Anti-Trust Practice Review)

The Watson & Band website is intended for informational purposes only. Nothing in this site is to be construed as creating an attorney-client relationship between the reader and Watson & Band or as offering legal advice on any specific matter. Since we are not providing legal advice through this website, you should not act upon any information that you might receive here without first seeking professional counsel. No client or other reader should act or refrain from acting on the basis of any information contained in the Watson & Band website without seeking appropriate legal or other professional advice based on the particular facts and circumstances at issue.

© Copyright 2000-2015 All Rights Reserved | Shanghai ICP for 15028801Privacy Policy | User Feedback

沪公网安备 31010402001317号