Silicon Valley tech companies and dedicated streaming platforms have redefined how audiences consume content. They have transitioned from digital distributors to premier production powerhouses. Netflix Studios
These are the "micro-studios." They operate on Patreon, Kickstarter, and Twitch. They have no executive notes. They have no release windows. They have parasocial relationships with their audience that legacy studios would kill for. When the Hollywood writers struck in 2023, the major studios ground to a halt. The YouTube animators and podcast networks kept uploading.
By acquiring the historic Metro-Goldwyn-Mayer (MGM) library, Amazon solidified its footprint as a major theatrical and streaming producer.