Cinema United Says Paramount-WBD Deal To Settle Lawsuit Checks “Many” Of Exhibitors’ Boxes

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Cinema United, a movie theater trade association and former opponent of the Warner Bros Discovery acquisition, has commended the settlement between Paramount and four AGs. CEO Michael O'Leary stated the agreement achieves many exhibition objectives. The consent decree mandates increased film production for five years, ensures meaningful theatrical exclusivity, and guarantees wide distribution. Additionally, the deal includes prohibitions on cost increases, which Cinema United views as a positive outcome for movie theater exhibitors across the industry.
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