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Netflix completely revolutionized the entertainment model by prioritizing high-volume, in-house production.
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Sony doesn’t own a major broadcast network, so they survive by making "four-quadrant" movies that work globally. Their licensing deal with Netflix for Seinfeld and The Crown keeps them profitable.
: Video game IP has become the new comic book equivalent, with studios competing fiercely for the rights to major gaming franchises.
: Investing heavily in high-fantasy, sports content, and established intellectual property.