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have been reining

  • present perfect progressive
    of rein.
    rein
    noun
    Often a leather strap, fastened to each end of the bit of a bridle, by which the rider or driver controls a horse or other animal by pulling so as to exert pressure on the bit.

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Many Hollywood studios have been reining in investments in content and laying off hundreds of workers in an effort to stem losses at their streaming platforms.

From Los Angeles Times Apr. 19, 2023