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2.2 The New Hollywood and the Blockbuster (1970s–1990s)

In the post-studio era, independent production companies (e.g., Lucasfilm, Amblin) emerged. However, Jaws (1975) and Star Wars (1977) pioneered the blockbuster model: high-risk, high-reward productions driven by special effects, wide releases, and merchandising. Studios became financier-distributors rather than sole producers. The 1980s and 1990s saw consolidation (e.g., Sony buying Columbia, Matsushita buying MCA/Universal) and the rise of the "tentpole" strategy: a few massive releases subsidizing smaller films.

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(~$330B), producing hundreds of original films and series annually. Lionsgate: A major independent force behind The Hunger Games , , and the franchises. 📈 2026 Industry Trends What are the requirements for the paper (e

5. Cultural and Social Impacts

  1. Universal Music Group: Represents artists like Taylor Swift, Kanye West, and Lady Gaga.
  2. Sony Music Entertainment: Home to artists like Adele, Beyoncé, and Justin Timberlake.
  3. Warner Music Group: Represents artists like Ed Sheeran, Bruno Mars, and Cardi B.

Impact on Popular Culture:

The landscape was shifting, though. Over at Netflix, the "Big Red" algorithms were humming. They weren't just looking for hits; they were looking for the next Squid Game—a global phenomenon born from a local story. The production cycles here moved at lightning speed, fueled by data that knew exactly when a viewer might pause or binge. Universal Music Group : Represents artists like Taylor