The entertainment industry, which was already facing new trends amid the rise of streaming services, saw massive changes over few months. Film and T.V. shows had delayed scheduled production, but this also gave rise to embracing technology in producing films. In 2019, Disney produced the final Star Wars film, “The Rise of Skywalker,” which cost the company approximately $256 million, making it one of the most expensive movies ever. This year, Disney released the computer-animated fantasy film “Raya and the Last Dragon” with a budget of only $150 million. The Walt Disney Company (NYSE: DIS), one of the most prominent studio companies globally, jumped into the premium T.V. market. Disney previously confirmed that new Marvel, Star Wars, and Disney shows and films would be available on the streaming platform in the coming years.
Insider Monkey takes a look at The 10 Biggest Companies Behind Upcoming Movies and T.V. Shows. We start this list with AMC Networks Inc. The New York-based video entertainment production company will premier the final season of the zombie apocalypse series “The Walking Dead.” AMC Networks Inc. is a holding company that operates American channels, including AMC, AMC Studios, BBC America, WeTV, and SundanceTV. Lions Gate Entertainment Corp. also produces international television shows and distributes STARZ-branded premium streaming video services worldwide. Recently, Lions Gate Entertainment Corp. sold its 75% interest in Pantaya, a Spanish-language streaming service, to Hemisphere Media Group, Inc. Ranking 8th among the most prominent companies behind upcoming movies and T.V. shows is digital entertainment company fuboTV Inc. FuboTV purchased California-based tech startup Balto Sports in the fourth quarter of 2020, the company’s entry into the online sports betting industry. Fox Corporation (NASDAQ: FOXA) ranks 7th in our list of the 10 biggest companies behind upcoming movies and T.V. shows. Fox Corp. also owns a complete facility explicitly designed to make motion pictures, namely The Fox Studio Lot. AT&T has witnessed the growth of its video-on-demand streaming platform under HBO Go and HBO Max. In the fourth quarter of 2020, the total number of HBO subscribers in the United States reached 41 million and nearly 61 million worldwide. Read the original article for more details from Insider Monkey’sMonkey’s The 10 Biggest Companies Behind Upcoming Movies and T.V. Shows.
