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This paper examines the evolution of major entertainment studios (Film, Television, and Streaming) from the "New Hollywood" era of the 1970s to the contemporary "IP Economy." By analyzing case studies from Disney, Warner Bros., and Netflix, the paper argues that the modern studio’s primary function has shifted from storytelling to risk mitigation through franchising. While this model guarantees short-term revenue, it creates a paradox: the pursuit of "safe bets" (sequels, reboots, and cinematic universes) may be leading to long-term audience fatigue and creative stagnation.

The 5 Major Movie Studios in Hollywood, Explained | Backstage This paper examines the evolution of major entertainment

Warner Bros. possesses perhaps the deepest library of classic cinema. Their current strategy is a hybrid of prestige and pop culture. possesses perhaps the deepest library of classic cinema

Disney represents the apex of the franchise model. I can’t help create content that facilitates finding,

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These legacy studios remain the primary engines of global popular culture, leveraging massive budgets and century-old libraries to produce the world's most recognizable content.

: The most iconic brand in family entertainment, encompassing Marvel, Pixar, and Lucasfilm. Its 2026 slate includes Pixar's Hoppers and the Marvel series Wonder Man .