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Streaming services have transitioned from being "libraries" of other people's content to being some of the largest production houses in the world.
The 1960s and 1970s saw the rise of independent productions, such as United Artists (founded in 1919) and Universal Pictures (founded in 1912). These studios produced influential films like The Graduate (1967), Jaws (1975), and The Godfather (1972).
The entertainment industry is anchored by a group of dominant conglomerates, often referred to as the "Majors," alongside rapidly growing "Mini-Majors" and independent studios that have redefined modern production.
