This decree was passed and forced major studios to divers themselves from owning movie theaters

Question

BlackTom AI · Accepted Answer

This question asks you to identify the decree that forced major studios to divest themselves from owning movie theaters.
Option 1: Near v Minnesota. This is a landmark First Amendment case from 1931 about prior restraint and censorship of news, not about studio ownership or theater chains, so it does not fit the decree described.
Option 2: Motion Picture Production Code. Also known as the Hays Code, this set of censorship guidelines regulated content in films, not the ownership structure of studios and theaters, so it does not address divestiture.
Option 3: Paramount Consent. These are the well-known 1948 consent decrees resulting from antitrust actions that required the major studios to sell off their theater chains and end vertical integration, directly matching the description in the question.
Option 4: League of Decency Code. This refers to the Catholic Legion of Decency's rating system and influence on audience reception, not to the legal mandate forcing divestment from theater ownership, so it is not the decree in question.

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