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The entertainment landscape is dominated by a core group of "Major Studios," often referred to as the , which control a significant majority of global film and television distribution. These entities have evolved from the fabled Hollywood Studio System of the 1920s-1940s, transitioning from "factory-style" production to global media conglomerates that manage massive intellectual property (IP) portfolios. The "Big Five" Major Studios

: While primarily a distributor, Netflix has become a major producer of original IP like Stranger Things and Squid Game , increasingly acquiring legacy libraries to bolster its catalog. Historical Context and Evolution The entertainment landscape is dominated by a core

: With a 7% market share , Sony remains a "proudly independent" major studio. Its key productions include the Spider-Man films (under license from Marvel) and a dominant presence in anime via Crunchyroll . Historical Context and Evolution : With a 7%

: Capturing 20% market share , Universal is known for the Jurassic World and Fast & Furious franchises, as well as its animation wing comprising Illumination ( Minions ) and DreamWorks Animation ( Shrek ). " often referred to as the