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Major Studio
Major film studios are production and distribution companies that release a substantial number of films annually and consistently command a significant share of box office revenue in a given market. In the American and international markets, the major film studios, often known simply as the majors or the Big Five studios, are commonly regarded as the five diversified media conglomerates whose various film production and distribution subsidiaries collectively command approximately 80 to 85% of American box office revenue. The term may also be applied more specifically to the primary motion picture business subsidiary of each respective conglomerate. Since the dawn of filmmaking, the major American film studios have dominated both American cinema and the global film industry. American studios have benefited from a strong first-mover advantage in that they were the first to industrialize filmmaking and master the art of mass-producing and distributing high-quality films with br ...
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Universal Pictures
Universal City Studios LLC, doing business as Universal Pictures (also known as Universal Studios or simply Universal), is an American filmmaking, film production and film distribution, distribution company headquartered at the 10 Universal City Plaza, Universal Studios complex in Universal City, California, and is the flagship studio of Universal Studios, Inc., Universal Studios, the film studio arm of NBCUniversal, a subsidiary of Comcast. Founded in 1912 by Carl Laemmle, Mark Dintenfass, Charles O. Baumann, Adam Kessel, Pat Powers (producer), Pat Powers, William Swanson, David Horsley, Robert H. Cochrane and Jules Brulatour, Universal is the oldest surviving film studio in the United States and the fifth oldest globally after Gaumont Film Company, Gaumont, Pathé, Titanus and Nordisk Film, and is one of the Major film studios, "Big Five" film studios. Universal's most commercially successful film franchises include ''Fast & Furious, Jurassic Park'', and ''Despicable Me''. A ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of Productivity, output produced per unit of cost (production cost). A decrease in unit cost, cost per unit of output enables an increase in scale that is, increased production with lowered cost. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of Market (economics), market control. Economies of scale arise in a variety of organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea o ...
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STX Entertainment
STX Entertainment is an American independent entertainment and media company. Founded in March 2014 by film producer Robert Simonds and TPG Growth managing partner Bill McGlashan, the studio produces film, television, and digital media projects. In April 2020, STX announced that it would merge with the Indian studio Eros International. The merger was completed in July 2020, and STX became a division of ErosSTX. In December 2021, Jahm Najafi announced his intention to acquire STX from the merged company for $173 million–a sale completed in April 2022. Eros remains a minority, non-voting shareholder. History In 2012, Simonds and McGlashan began work on conceptualizing a media company based on the idea of producing medium-budget projects with a star attached, a method that had gone out of style with Hollywood studios. The conversation led to the launch of STX Entertainment in 2014 (the "S" standing for Simonds, the company's founder; the "T" standing for TPG Growth, whose ...
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Amazon MGM Studios
Amazon MGM Studios is an American film and television production and distribution company owned by Amazon, and headquartered at the Culver Studios complex in Culver City, California. Launched on November 16, 2010, it took its current name on October 4, 2023 after its merger with MGM Holdings, which Amazon had acquired the year prior. Productions from this company, as of September 2023, are primarily distributed through movie theaters under Metro-Goldwyn-Mayer (MGM) and Amazon's own streaming media service, Amazon Prime Video. Alongside Amazon Prime Video, the company constitutes one half of Amazon's membership in the Motion Picture Association (MPA), which it joined on October 1, 2024. History Formation and early success (2010–2021) Scripts for television and films used to be submitted online to Amazon and read by staff; however, the website states they no longer accept submissions. Amazon aimed to review submitted scripts within 90 days (although the process may be longer ...
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Lionsgate Studios
Lionsgate Studios Corp. (simply known as Lionsgate Studios) is a Canadian-American film and television production and distribution conglomerate, domiciled in Vancouver, British Columbia, and primarily based in Santa Monica, California. It was formed on May 14, 2024, after Starz Entertainment, previously known as ''Lionsgate'', spun off its film and television businesses. Lionsgate Studios' portfolio includes Lionsgate Canada (formerly known as Entertainment One or eOne), 3 Arts Entertainment, Pilgrim Media Group, Lionsgate Films, a minority stake in 42, and a stake of joint venture Amblin Partners. Through Lionsgate Films, the company also releases films under the Summit Entertainment and Lionsgate Canada#eOne Films, eOne Films labels. Background Following the completion of acquisition of Entertainment One from Hasbro on December 27, 2023, Lionsgate revealed its intention to split its film and television assets into its own company, whose Studios division would merge with a sp ...
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Universal Studios, Inc
Universal Studios, Inc. (formerly known as MCA Inc., also known simply as Universal) is an American mass media and entertainment conglomerate and holding company which owns Universal Pictures and other media and entertainment assets. It is the film production arm of NBCUniversal, a division of Comcast. The company is one of two namesake flagship subsidiaries of NBCUniversal alongside the National Broadcasting Company ( NBC), the oldest of the United States' Big Three television networks. Originally founded in 1924 as Music Corporation of America by Jules C. Stein and William R. Goodheart Jr., the company became a major force in the film and entertainment industry. Its studios are located in Universal City, California, and its corporate offices are located in New York City. Woody Woodpecker, a character created by Walter Lantz, serving as Universal's mascot. History Seagram On December 9, 1996, a year after its acquisition by Seagram, MCA was rebranded to Universal ...
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Culver City, California
Culver City is a city in Los Angeles County, California, United States. As of the 2020 census, the population was 40,779. It is mostly surrounded by Los Angeles, but also shares a border with the unincorporated area of Ladera Heights, California, Ladera Heights to the east. The city was named after its founder, Harry Culver, who first attempted to establish it in 1913. In the 1920s, Culver City became a center for film and later television production. It was best known as the home of Metro-Goldwyn-Mayer studios from 1924 to 1986. From 1932 to 1986, it was the headquarters for the Hughes Aircraft Company. National Public Radio West and Sony Pictures Entertainment have headquarters in the city. History Early history Archaeology, Archaeological evidence suggests a human presence in the area of present-day Culver City since at least 8000 BCE. The region was the homeland of the Tongva people, Tongva-Gabrieliño Native Americans. For centuries, native people lived in areas curr ...
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Sony Pictures Studios
Sony Pictures Studios is an American television and film studio complex located in Culver City, California, at 10202 West Washington Boulevard and bounded by Culver Boulevard (south), Washington Boulevard (north), Overland Avenue (west) and Madison Avenue (east). Founded in 1912, the facility is currently owned by Sony Pictures and houses the division's film studios, such as Columbia Pictures, TriStar Pictures, and Screen Gems. The complex was the original home of Metro-Goldwyn-Mayer from 1924 to 1986 and Lorimar-Telepictures from 1986 to 1988. In addition to films shot at the facility, several television shows have been broadcast live or taped there. The lot, which is open to the public for daily studio tours, currently houses a total of sixteen separate sound stages. The studio complex also houses Sony Pictures Television Kids' California-based operations, as well as the Culver City offices of sister Sony companies Sony Music and Sony Music Publishing. History Ea ...
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Walt Disney Studios (Burbank)
The Walt Disney Studios, located in Burbank, California, United States, serves as the corporate headquarters for the Walt Disney Company. The 51-acre (20.6 ha) Film studio, studio lot also contains several sound stages, a backlot, and other filmmaking production facilities for Walt Disney Studios (division), Walt Disney Studios's motion picture production. The complex also houses the offices for many of the company's units, including the film studios Walt Disney Pictures, Walt Disney Animation Studios, ABC Production Center and Marvel Studios; 20th Century Studios, Searchlight Pictures, 20th Television, 20th Century Animation, and FX Networks are set to move here at the end of 2025. Walt Disney used the earnings from the successful release of ''Snow White and the Seven Dwarfs (1937 film), Snow White and the Seven Dwarfs'' to finance the construction of the Burbank studio. Disney is the only major film studios, major film studio out of the Big Five that does not currently offer ...
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Burbank, California
Burbank is a city in the southeastern end of the San Fernando Valley in Los Angeles County, California, United States. Located northwest of downtown Los Angeles, Burbank had a Census-estimated population of 102,755 as of 2023. The city was named after David Burbank, who established a sheep ranch there in 1867. Burbank consists of two distinct areas: a downtown/foothill section, in the foothills of the Verdugo Mountains, and the flatland section. Numerous media and entertainment companies are headquartered or have significant production facilities in Burbank—often called the "Media Capital of the World" and only a few miles northeast of Hollywood—including Warner Bros. Entertainment, the Walt Disney Company, Nickelodeon Animation Studio, The Burbank Studios, Cartoon Network Studios with the West Coast branch of Cartoon Network, and Insomniac Games. Universal plays a key role in attractions and entertainment in Burbank, with its theme park Universal Studios Holl ...
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Hollywood, Los Angeles
Hollywood, sometimes informally called Tinseltown, is a List of districts and neighborhoods in Los Angeles, neighborhood and district in the Central Los Angeles, central region of Los Angeles County, California, within the city of Los Angeles. Its name has become synonymous with the Cinema of the United States, U.S. film industry and the people associated with it. Many notable film studios such as Sony Pictures, Walt Disney Studios (division), Walt Disney Studios, Paramount Pictures, Warner Bros., and Universal Pictures are located in or near Hollywood. Hollywood was incorporated as a municipality in 1903. The North Hollywood, Los Angeles, northern and East Hollywood, Los Angeles, eastern parts of the neighborhood were Merger (politics), consolidated with the City of Los Angeles in 1910. Soon thereafter, the prominent film industry migrated to the area. History Initial development H. J. Whitley, a real estate developer, arranged to buy the E.C. Hurd ranch. Whitley shared ...
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Universal City, California
Universal City is an unincorporated area within the San Fernando Valley. Approximately within and immediately outside the area is the property of Universal Pictures NBCUniversal's film studio, one of the five major film studios in the United States. About 70 percent of the studio's property is inside this unincorporated area, while the remaining 30 percent is within the Los Angeles city limits. Universal City is nearly surrounded by Los Angeles, with the area's northeastern corner touching the city of Burbank, California, Burbank. Located within the area of Universal City is the film studio complex Universal Studios Lot and the theme park Universal Studios Hollywood, as well as the Universal CityWalk shopping and entertainment center. Within the Los Angeles city limits lies 10 Universal City Plaza, a 36-floor office building for Universal and NBC; the Sheraton Hotels and Resorts, Sheraton Universal; and the Universal Hilton Hotels & Resorts, Hilton. The B Line (Los Angeles Me ...
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