Japan's anti-monopoly authorities have approved a proposal by Toho Cinemas to correct anti-competitive Film booking system.
Anthony Chen and Gina Kim Film Projects Adorn Busan Slate as Korea’s Barunson C&C Expands to Global Role booking practices in March of last year
In its decision, reported by Japanese media, the FTC said that it accepted Toho Cinemas’ proposed remedies and said that it would not need to issue a cease-and-desist order or take other punitive measures that the anti-monopoly laws allow. At the time of the complaint, the Asahi Shimbun business newspaper mentioned ‘intimidation’ by Toho. But it did not explain in detail what it meant.
Toho Cinemas operates 677 screens at 72 theaters across Japan. In 2021, it posted JPY161 billion of local gross box office revenues with 115 million visitors, according to the Motion Picture Producers Association of Japan .Patrick Stewart Thought Tom Hardy’s Career Would Tank After ‘Odd, Solitary’ Behavior on ‘Star Trek: Nemesis’ Set: He ‘Wouldn’t Engage With Any of Us…
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