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The next billion-dollar franchise is just as likely to originate in Seoul, Lagos, or Mumbai as it is in Los Angeles. Top studios are investing heavily in local infrastructure across Latin America, Asia, and Africa to capture regional audiences.

Masterful cross-media monetization, turning cinematic releases into theme park attractions, consumer merchandise, and streaming spin-offs. Warner Bros. Discovery BrazzersExxtra 23 12 22 Angel Youngs Living My ...

: Strong partnerships with independent production houses like Blumhouse for horror. Warner Bros. Pictures The next billion-dollar franchise is just as likely

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The entertainment studios of tomorrow look vastly different from those of the past. The industry is currently consolidating around three major technological and economic shifts: