The entertainment industry is currently in a state of convergence. Traditional studios are launching their own streaming services (like Disney+ and Max), while tech companies like Apple and Amazon are winning "Best Picture" Oscars. As virtual production technology (like the "Volume" used in The Mandalorian ) becomes standard, the line between technology companies and entertainment studios will continue to blur.

: By pioneering the "binge-watch" model, Netflix transformed from a distributor into a premier production house. It focuses on high-volume content and diverse international productions like Squid Game , which redefined global viewership.

While studios often provide the funding and distribution, specialized production companies handle the creative "heavy lifting."