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Major Film Studios In The United States
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 U.S. 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 U.S. major film studios have dominated both American cinema and the global film industry. U.S. 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 broad cross-cultu ...
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San Fernando Valley
The San Fernando Valley, known locally as the Valley, is an urbanized valley in Los Angeles County, California. Located to the north of the Los Angeles Basin, it contains a large portion of the City of Los Angeles, as well as unincorporated areas and the Municipal corporation, incorporated cities of Burbank, California, Burbank, Calabasas, California, Calabasas, Glendale, California, Glendale, Hidden Hills, California, Hidden Hills, and San Fernando, California, San Fernando. The valley is well known for its iconic film studios such as Warner Bros. Studios, Burbank, Warner Bros. Studio and Walt Disney Studios (Burbank), Walt Disney Studios. In addition, it is home to the Universal Studios Hollywood theme park. Geography The San Fernando Valley is about bound by the Santa Susana Mountains to the northwest, the Simi Hills to the west, the Santa Monica Mountains and Chalk Hills to the south, the Verdugo Mountains to the east, and the San Gabriel Mountains to the northeast. The ...
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First-mover Advantage
In marketing strategy, first-mover advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage enables a company or firm to establish strong brand recognition, customer loyalty, and early purchase of resources before other competitors enter the market segment. First movers in a specific industry are almost always followed by competitors that attempt to capitalise on the first movers' success. These followers are also aiming to gain market share; however, most of the time the first-movers will already have an established market share, with a loyal customer base that allows them to maintain their market share. Mechanisms leading to first-mover advantages The three primary sources of a first-mover advantage are technology leadership, control of resources, and buyer switching costs. Technology leadership First movers can make their technology/product/services harder for later entrants to replicat ...
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The Walt Disney Company
The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Studio; it also operated under the names the Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986. Early on, the company established itself as a leader in the animation industry, with the creation of the widely popular character Mickey Mouse, who is the company's mascot, and the start of animated films. After becoming a major success by the early 1940s, the company started to diversify into live-action films, television, and theme parks in the 1950s. Following Walt's death in 1966, the company's profits began to decline, especially in the animation division. Once Disney's shareholders voted in Michael Eisner as the he ...
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United Artists
United Artists Corporation (UA), currently doing business as United Artists Digital Studios, is an American digital production company. Founded in 1919 by D. W. Griffith, Charlie Chaplin, Mary Pickford, and Douglas Fairbanks, the studio was premised on allowing actors to control their own interests, rather than being dependent upon commercial studios. UA was repeatedly bought, sold, and restructured over the ensuing century. Metro-Goldwyn-Mayer acquired the studio in 1981 for a reported $350 million ($ billion today). On September 22, 2014, MGM acquired a controlling interest in entertainment companies One Three Media and Lightworkers Media, then merged them to revive United Artists' television production unit as United Artists Media Group (UAMG). However, on December 14 of the following year, MGM wholly acquired UAMG and folded it into MGM Television. United Artists was again revived in 2018 as United Artists Digital Studios. Mirror, the joint distribution ventur ...
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20th Century Fox
20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disney Studios, a division of The Walt Disney Company. Walt Disney Studios Motion Pictures distributes and markets the films produced by 20th Century Studios and Walt Disney Studios Home Entertainment (Buena Vista Home Entertainment) distributes the films produced by 20th Century Studios in home media under the 20th Century Studios Home Entertainment banner. For over 80 years – beginning with its founding in 1935 and ending in 2019 (when it became part of Walt Disney Studios), 20th Century Fox was one of the then "Big Six" major American film studios. It was formed in 1935 from the merger of the Fox Film Corporation and Twentieth Century Pictures and was originally known as the Twentieth Century-Fox Film Corporation (while owned by TCF Ho ...
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Metro-Goldwyn-Mayer
Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded on April 17, 1924 and based in Beverly Hills, California. MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Productions, Louis B. Mayer Pictures into one company. It hired a number of well known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious film studio, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of ''Ben-Hur (1959 film), Ben Hur''. After that, it divested itself of the Loews movie theater chain, and, in the 1960s, diversified ...
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RKO Pictures
RKO Radio Pictures Inc., commonly known as RKO Pictures or simply RKO, was an American film production and distribution company, one of the "Big Five" film studios of Hollywood's Golden Age. The business was formed after the Keith-Albee-Orpheum (KAO) theater chain and Joseph P. Kennedy's Film Booking Offices of America (FBO) studio were brought together under the control of the Radio Corporation of America (RCA) in October 1928. RCA chief David Sarnoff engineered the merger to create a market for the company's sound-on-film technology, RCA Photophone, and in early 1929 production began under the RKO name (an abbreviation of Radio-Keith-Orpheum). Two years later, another Kennedy holding, the Pathé studio, was folded into the operation. By the mid-1940s, RKO was controlled by investor Floyd Odlum. RKO has long been renowned for its cycle of musicals starring Fred Astaire and Ginger Rogers in the mid-to-late 1930s. Actors Katharine Hepburn and, later, Robert Mitchum had the ...
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Golden Age
The term Golden Age comes from Greek mythology, particularly the ''Works and Days'' of Hesiod, and is part of the description of temporal decline of the state of peoples through five Ages of Man, Ages, Gold being the first and the one during which the Golden Race of humanity ( ''chrýseon génos'') lived. After the end of the first age was the Silver age, Silver, then the Bronze Age (mythology), Bronze, after this the Greek Heroic Age, Heroic age, with the fifth and current age being Iron Age (mythology), Iron. By extension, "Golden Age" denotes a period of primordial peace, harmony, ecological stability, stability, and prosperity. During this age, peace and harmony prevailed in that people did not have to work to feed themselves for the earth provided food in abundance. They lived to a very old age with a youthful appearance, eventually dying peacefully, with spirits living on as "guardians". Plato in ''Cratylus (dialogue), Cratylus'' (397 e) recounts the golden race of human ...
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Film Studio
A film studio (also known as movie studio or simply studio) is a major entertainment company or motion picture company that has its own privately owned studio facility or facilities that are used to make films, which is handled by the production company. Most firms in the entertainment industry have never owned their own studios, but have rented space from other companies. There are also independently owned studio facilities, who have never produced a motion picture of their own because they are not entertainment companies or motion picture companies; they are companies who sell only studio space. Beginnings In 1893, Thomas Edison built the first movie studio in the United States when he constructed the Black Maria, a tarpaper-covered structure near his laboratories in West Orange, New Jersey, and asked circus, vaudeville, and dramatic actors to perform for the camera. He distributed these movies at vaudeville theaters, penny arcades, wax museums, and fairgrounds. The first ...
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Classical Hollywood Cinema
Classical Hollywood cinema is a term used in film criticism to describe both a narrative and visual style of filmmaking which became characteristic of American cinema between the 1910s (rapidly after World War I) and the 1960s. It eventually became the most powerful and pervasive style of filmmaking worldwide. Similar or associated terms include classical Hollywood narrative, the Golden Age of Hollywood, Old Hollywood, and classical continuity. For centuries, the only visual standard of narrative storytelling art was the theatre. Since the first narrative films in the mid-late 1890s, filmmakers have sought to capture the power of live theatre on the cinema screen. Most of these filmmakers started as directors on the late 19th-century stage, and likewise most film actors had roots in vaudeville (e.g. The Marx Brothers) or theatrical melodramas. Visually, early narrative films had adapted little from the stage, and their narratives had adapted very little from vaudeville and mel ...
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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. Founded in 1917 as a "whites only" sundown town, it is now an ethnically diverse city with what was called the "third-most diverse school district in California" in 2020. In the 1920s, the city became a center for film and later television production, best known as the home of Metro-Goldwyn-Mayer studios. 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. The city was named after its founder, Harry Culver. It is mostly surrounded by the city of Los Angeles, but also shares a border with the unincorporated area of Ladera Heights. Over the years, it has annexed more than 40 pieces of adjoining land and now comprises about . History Early history Archaeological evidence suggests a human presence in the area of present-day Culver City since a ...
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Universal City, California
Universal City is an unincorporated area within the San Fernando Valley region of Los Angeles County, California, United States. Approximately 415 acres (1.7 km) within and around the surrounding 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 primarily surrounded by Los Angeles with its northeastern corner touching the city of Burbank, California, Burbank, making the unincorporated area a county island. Located within the area of Universal City is the Universal Studios Hollywood film studio and theme park, 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 ...
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