Oligopoly- a market structure with a small number of firms, none of which can prevent the others from having significant influence. a monopoly consists of one major firm, a duopoly consists of two and a oligopoly consists of several
The big 6
Warner Bros
Disney
Universal studios
20th Century Fox
Colombia pictures
Paramount
However Disney is the only one of these corporations that is its own conglomerate as
warner bros is owned by warner media
fox is owned by 21st century fox
Universal is owned by Comcast
Colombia is owned by Sony
and Paramount is owned by Viacom
Disney acquired 21st century fox bring the likes of the Simpsons, X-Men and archer under the Disney banner in an attempt to compete with Netflix. They plan to launch a new streaming service called Disney+ later that year and have added several new tv shows to their line up. It shows not only how much of a hold Disney have over the market
impact of Disney's ownership over film production
big 6 ownership provides significant funding for high value films such as avengers endgame which became the highest grossing film of all time as well as the rest of the marvel cinematic universe which usually have budget of £300-400 million
Comments
Post a Comment