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The 1948 Paramount Decree forced studios to sell their theaters, breaking their monopoly. Facing competition from television, studios pivoted to massive "event" films.

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The entertainment industry is currently dominated by a few "Big Five" major studios and a surge in original content from global streaming platforms. In 2025 and 2026, the landscape has been defined by a mix of massive franchise blockbusters and high-end streaming exclusives. The 1948 Paramount Decree forced studios to sell