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Producers gather ideas, secure rights to books or plays, and finalize scripts. This phase is often referred to as "development hell" due to the difficulty of securing studio greenlights.

| Studio/Service | Parent Company | Hit Productions | Strategy | |----------------|----------------|----------------|----------| | | Netflix, Inc. | Stranger Things, The Crown, Squid Game, Glass Onion, Wednesday, Extraction | Data-driven greenlighting; global content (local-language hits); high volume of films & series. | | Amazon MGM Studios | Amazon | The Lord of the Rings: The Rings of Power, Reacher, The Boys, Air, Creed III | Deep pockets for IP; hybrid theatrical/streaming; MGM library access (James Bond, Rocky). | | Apple TV+ | Apple Inc. | Ted Lasso, Killers of the Flower Moon, Severance, CODA (Best Picture Oscar) | Prestige focus; star-driven projects; lower volume, high budget per title. |

Netflix is no longer just a streamer; it is the most prolific studio on Earth, releasing roughly one new original production every single week. Their algorithm-driven greenlighting process focuses on global appeal.