Beyoncé and Taylor Swift's Groundbreaking Movie Collaboration

Beyoncé and Taylor Swift have struck unconventional movie deals for their concert films, bypassing major movie studios and distributing through theater company AMC Entertainment. This was made possible by a recent change in antitrust law that dissolved the Paramount consent decrees, allowing for new innovations in movie deal making. Under these deals, theaters will keep less than half of the ticket proceeds, while the artists and AMC are expected to split the remainder. The new norms for movie deals have faced criticism for favoring major studios over independent producers, but proponents argue that it promotes innovation and pro-consumer business practices.