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[Traditional Studio Model] ──> Theatrical Release ──> Physical/Digital Rental [Streaming Studio Model] ──> Direct-to-Platform ──> Global Instant Access Netflix Studios

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The landscape of entertainment studios shifted dramatically with the rise of Silicon Valley’s influence. Production is no longer confined to the traditional "Big Five" studios in Los Angeles. If you share with third parties, their policies apply

: Despite recent revenue drops in its studio unit due to industry strikes, WBD remains one of the most profitable Hollywood conglomerates.

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The global entertainment landscape is currently dominated by a few massive conglomerates—often called the —alongside tech-first streaming giants that are rapidly acquiring physical studio space to secure their production pipelines. 1. The "Big Five" Major Studios