Netflix Reportedly Looking To Buy A Major Hollywood Studio
The traditional studio model in Hollywood was completely upended when Disney purchased 20th Century Fox in a mammoth $71.3 billion deal, with the Mouse House’s takeover of the competition reducing the six major production houses to a ‘Big Five.’ Out of the quintet, Sony are the only outfit that don’t also have at least one in-house streaming service at their disposal, meaning they’ll either need to create one or start leasing out their biggest properties for other companies to make content if they don’t want to be left behind.