Netflix changed the game by releasing entire seasons at once, birthing the "binge-watch." Their international strategy is unmatched: Squid Game (South Korea) became Netflix’s most-watched series of all time, proving that subtitles are no barrier to popularity. With Stranger Things , they captured 1980s nostalgia for Gen Z, while The Crown delivers award-winning royal drama.
While the industry once featured a "Big Six," consolidation—most notably Disney’s acquisition of 20th Century Fox—has narrowed the field of traditional major studios. The World's Top Media Companies - Investopedia