However, this auteurist moment was short-lived, undone by its own excesses (the notorious flop Heaven’s Gate , 1980) and a smarter commercial innovation: the blockbuster. With Steven Spielberg’s Jaws (1975) and George Lucas’s Star Wars (1977), the studio discovered a new, far more profitable model. The blockbuster was not a genre but a strategy: saturation booking (thousands of screens simultaneously), massive marketing campaigns, and, crucially, merchandising and sequels. The studio transformed from a factory of individual films into a manager of intellectual property (IP). Productions were no longer standalone artistic statements but “franchise-launchers.” The creative unit shifted from the director to the producer—figures like Marvel’s Kevin Feige—who ensure brand continuity across multiple films, television spin-offs, and theme park attractions. In this model, originality is risk; familiarity is gold.
The company has grown over the years to become a vast entertainment business – its film studio division Walt Disney Studios includ... Walt Disney Pictures Laika, LLC
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