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: Established just a week after Universal, it pioneered "vertical integration," controlling production, distribution, and the theaters themselves.
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: Universal, Columbia, and United Artists. These studios produced and distributed films but lacked the massive theater networks of the Big Five. Consolidation and the Rise of Conglomerates (1960s–2010s) : Established just a week after Universal, it
Blockbuster productions provide thousands of jobs and stimulate tourism in filming locations. it pioneered "vertical integration