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The global entertainment landscape is dominated by five major studios—Disney, Universal, Warner Bros., Sony, and Paramount—which control the majority of box office revenue through vertical integration, franchise-focused "tentpole" strategies, and streaming partnerships. While market consolidation has streamlined these "Big Five," independent "mini-majors" like A24 and high-volume producers such as Netflix are increasingly challenging traditional studio dominance. For a detailed breakdown of the major studios, read this article at www.backstage.com