HOW MUCH DO YOU KNOW ABOUT HOLLYWOOD STUDIOS?
From the
late 1920s to the 1940s, the film industry operated under the studio system.
This means that certain companies controlled practically the entire process of
filmmaking, from production to distribution and exhibition. There were eight studios with five having
fully integrated conglomerates, with a production studio, creative people,
distribution division and a wide network of theatre chains. These five studios
were: 20thCentury Fox, Loew’s Incorporated/MGM, Paramount Pictures, RKO Radio Pictures and Warner Bros. There were three other
companies that were more important and those were: Universal Pictures, Columbia
Pictures and United Artists.
The term studio system is used as reference to the outputs of the
different companies. Here is a list of the ten biggest Hollywood studios. The
first six studios are considered the more important and the last four are not
much.
1- SONY
Sony is the conglomerate behind Sony Pictures Entertainment. Its major
studio is Columbia Pictures. The company is also friendly to independent producers
with its own art-house division that is called Sony Pictures Classics. It has a
17 percent share of the USA and Canadian markets. Sony is considered the
biggest studio. It also owns companies like Tri Star Pictures, Sony Pictures
Animation, Destination Films, Triumph Films, Stage 6 Films and Affirm Films.
2- TIME WARNER
Time Warner is a conglomerate that owns the second biggest share of the USA
and Canada markets. Its parent division is called Warner Bros. Entertainment;
while it’s more important studio is named Warner Bros. It is also the owner of
other brands and divisions like: New Line Cinema, Castle Rock Entertainment,
Turner Entertainment Co., Warner Bros. Animation and DC Entertainment.
3- THE WALT DISNEY
COMPANY
The Walt Disney Company controls about 14.3 percent of the North
American market. Its parent division is called The Walt Disney Studios. Movie
productions are done under its major studio called Walt Disney Pictures. The
Walt Disney Company also owns other important film brands like: Lucasfilm,
Marvel Studios, Pixar, Touchstone Pictures, Walt Disney Animation Studios and
Disneynature.
4- COMCAST / GENERAL ELECTRIC
Comcast/General Electric owns is the company behind Universal Pictures.
It also owns Focus Features that it uses for art-house and independent movies.
It has a 13.6 percent share of the USA and Canadian markets. Other companies
under it are Illumination Entertainment, Working Title Films and Universal
Animation Studios.
5- NEWS CORPORATION
News Corporation is the outfit behind the Fox Extertainment Group. The
most important studio is 20thCentury Fox, while independent movies
are distributed through Fox Searchlight Pictures. Other companies under News Corporation
are: Fox Faith, 20th Century
Fox Animation, Blue Sky Studios and Fox Animation Studios. The company owns a
10.6 percent share of the USA and Canadian markets.
6- VIACOM
Viacom is the conglomerate behind the Paramount Motion Pictures Group.
Its major studio is Paramount Pictures, while art-house movies are published
under the name of Paramount Vantage. It has an 8.5 percent share of the entire
North American market. It also owns MTV Films and Nickelodeon Movies.
7- LIONS GATE ENTERTAINMENT
Lions
Gate Entertainment is the most successful studio not based in Los Angeles. It
was established in 1997 by Frank Giustra. The company is also the owner of
Artisan Entertainment. It has recently been renamed as Lionsgate and the studio
is now the owner of Summit Entertainment. Lionsgate also has a share in Roadside
Attractions.
8- THE WEINSTEIN
COMPANY
Harvey and Bob Weinstein established The Weinstein Company in 2005 after
leaving Miramax Films, which they had helped establish in 1979. It holds the
right to Dimension Films, an outfit that the brothers use for genre movies.
Their long relationship with Quentin Tarantino has helped the outfit turn
around its fortunes, with the success of the director’s 2009 movie “Inglourious
Basterds” considered as a important moment for the company.
9- MGM
MGM has
downgraded itself from being an important studio into a minor media company
that distributes films and television content. It still owns the rights to the
franchise of the James Bond movies. Its home video and theatrical products are
distributed by 20th Century
Fox. On the other hand, Columbia Pictures has helped to distribute the first
two Bond movies that starred Daniel Craig.
10-
DREAMWORKS
Steven Spielberg, Jeffrey Katzenburg and David Geffen established
Dreamworks in 1994. Dreamworks arranges for the production and financing of
movies. It then ties up with one of the majors for help in the distribution. It
actually had a brief stint as part of the Viacom group, but it became independent
after over two years. The Reliance ADA Group of India currently backs the
company. Katzenburg has since completely divested from the company and now runs
a separate studio called Dreamworks Animation.
BIBLIOGRAPHY:
The Richest: http://www.therichest.com/rich-list/the-biggest/the-10-biggest-hollywood-studios/ [Access 10/
02/2015]