My Journal – Shared Article

The Wall Street Journal Online - My Online Journal
August 07, 2013 — 6:51 AM, EST Go to The Wall Street Journal Online >>
Patrick Browne has added a new article to the following Save & Share collection:
Life and Style

Hearts of Blandness 8/6 Inline
Once upon a time, six decades ago, when the big Hollywood studios had their stars under contract and owned most of the large theater chains, they made nearly all of their profits from selling movie tickets at the box office. Hollywood is now a very different enterprise. Almost all the profits of major studios, such as Warner, Disney and Fox, come from publicizing, branding and licensing entertainment properties across the world, including DVDs, Internet streaming, inflight entertainment, cable television, pay television, games, amusement-park rides and toys. Each major studio also earns money from licensing out the rights to a library of feature movies, animated shorts and TV series. The lion’s share of studios’ profits these days come not from theaters but from television.

Collection owner: pmb2811

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