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While there were historically six majors, the 2019 merger of Disney and 20th Century Fox reduced the count to five. These companies control the vast majority of global box office revenue and possess the most valuable intellectual property (IP) in the world. The Walt Disney Company

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The modern entertainment industry is dominated by a group of "Major" studios that control over 80% of the global box office, alongside agile independent houses and streaming giants that have redefined how we consume media. From the legacy "Big Five" to innovative animation powerhouses, these studios are responsible for the franchises that define contemporary culture. The "Big Five" Industry Leaders High-concept, nostalgia-infused, twist-driven