This era shifted the focus of production toward "tentpole" films—massive budget releases designed to hold up the financial "tent" of a studio. A single successful production like Avatar or Black Panther can fund a studio's slate for years.
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To understand the current state of entertainment, one must look back at the foundations laid by the "Big Five" during Hollywood's Golden Age. Studios like MGM, Warner Bros., and Paramount didn't just make movies; they owned the theaters, controlled the stars, and defined the American lifestyle. This era shifted the focus of production toward