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If you were to walk onto the lot of a major entertainment studio today—be it the sprawling empire of Disney, the Warner Bros. backlot, or the sleek offices of Netflix—you would witness a paradox. On one hand, there has never been more content available. We are drowning in a deluge of streaming options, reboots, and cinematic universes. On the other hand, the "magic" of Hollywood—the intangible risk-taking that defined the golden ages of the 70s or 90s—feels increasingly like a calculated algorithm.

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Popular entertainment studios are no longer centered solely in Los Angeles. International productions are breaking records and winning awards. If you were to walk onto the lot

Netflix changed the game by moving from licensing content to owning it. Today, Netflix Studios produces more original content in a year than MGM did in its entire history. We are drowning in a deluge of streaming