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Globalization has decentralized production. Non-English content now drives mainstream popularity (e.g., Squid Game, Money Heist, RRR).

| Region | Key Studios | Notable Productions | |--------|-------------|----------------------| | South Korea | CJ ENM, Studio Dragon, SLL | Parasite, Crash Landing on You, Hellbound | | India | Yash Raj Films, Dharma Productions, T-Series | Pathaan, RRR, Animal | | Nigeria (Nollywood) | EbonyLife Studios, Mo Abudu’s productions | Blood Sisters, The Wedding Party | | Mexico/Latin America | TelevisaUnivision, Dynamo | Who Killed Sara?, La Casa de las Flores | zzseries brazzers house 2 day 1 05092017 top

Key Insight: Regional studios now co-produce directly with global streamers (e.g., Netflix’s first African original Queen Sono with South Africa’s Gambit Films). Globalization has decentralized production

Despite the rise of streaming, the traditional major studios remain the backbone of global box office revenue and intellectual property (IP) ownership. They are now almost all subsidiaries of larger media conglomerates. Despite the rise of streaming, the traditional major

| Studio | Parent Company | Key 2023-2024 Production Strategy | Notable Recent Productions | |--------|----------------|-----------------------------------|----------------------------| | Universal Pictures | Comcast (NBCUniversal) | Balanced theatrical & streaming (Peacock); strong animation (Illumination) | Oppenheimer, Super Mario Bros. Movie, Fast X | | Warner Bros. Pictures | Warner Bros. Discovery | Hybrid day-and-date (Max) abandoned; returning to theatrical windows | Barbie, Dune: Part Two, Wonka | | Paramount Pictures | National Amusements (Paramount Global) | Franchise-driven (Mission: Impossible, Transformers) | Top Gun: Maverick, Mission: Impossible – Dead Reckoning | | Walt Disney Studios | The Walt Disney Company | Franchise/IP synergy (Marvel, Lucasfilm, Pixar, Disney Animation) | Guardians of the Galaxy Vol. 3, The Little Mermaid, Inside Out 2 | | Sony Pictures | Sony Group Corporation | Licensing to streamers (Netflix, Disney+), Spider-Verse expansion | Spider-Man: Across the Spider-Verse, Anyone But You, Gran Turismo |

Key Insight: Legacy studios now prioritize tentpole franchises (budgets >$150M) for theatrical release, while mid-budget films ($20–80M) are increasingly sold or developed directly for streaming partners.

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