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Studios like Paramount, Universal, and Warner Bros. began to focus on creating tentpole films that could appeal to a broad audience and generate significant revenue. This led to the development of franchise-able properties like Indiana Jones , The Terminator , and Harry Potter . The success of these franchises paved the way for modern blockbuster filmmaking, with studios now prioritizing IP-driven content.
The history of popular entertainment studios begins in Hollywood, where the major studios of the 1920s-1960s, including MGM, Paramount, Warner Bros., and Universal, dominated the film industry. These studios produced some of the most iconic movies of all time, such as Gone with the Wind , The Wizard of Oz , and Casablanca . The studio system, which involved a hierarchical structure of producers, directors, and actors working under contract, allowed for efficient production and distribution of films.