The movie industry is dominated by the “Big Five” of Paramount Studios, Universal, Sony Pictures, Warner Brothers, and Walt Disney Pictures - who eat up over 80% of the box office. But in a era where awards are meaningless, streaming has replaced DVDs, and talent no longer moves the box office - the Big 5 movie studios have become conservative. Hollywood has devolved into non-stop superhero movies, nostalgia-centric remakes, and formulaic sequels of existing franchises where the ROI is safer and risk is much lower than any real original endeavor.

This gap has enabled smaller studios like MGM, Lionsgate, A24 and streaming services like Apple and Netflix to thrive with independent titles in this ever-competitive landscape. As consumers, we see the trailers, suffer through terrible movies, and are now being funneled to streaming services. Yet the industry has rarely, if ever, been covered from the perspective of the studio.

Instead of covering one of the Big 5 major film studios where the movie-making business is insulated, we’ll look at Lionsgate - one of the few remaining independent studios whose survival depends on making successful movies and TV shows. Lionsgate is best known for franchises like the Hunger Games, Now You See Me, The Expendables, Saw, John Wick, Step Up, Divergent along with solo hits like La La Land, Knives Out, Hacksaw Ridge, Mad Men, and Orange is the New Black. In this episode, we’ll cover the business and transformation of the movie and greater motion picture industry over the past two decades through the lens of Lionsgate.

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