Looking ahead, the lines are blurring. Video game studios are becoming entertainment studios. Riot Games (League of Legends) produced Arcane , arguably the best animated series of the decade. Epic Games (Fortnite) uses its engine to host virtual concerts (Travis Scott) and movie screenings.
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Universal has thrived by building "evergreen" franchises that appeal to international audiences. Looking ahead, the lines are blurring
(MGM, Paramount, Warner Bros., 20th Century Fox, RKO) operated as a Vertical Integration 20th Century Fox