The Business of Media

Media organizations range from tiny production companies to huge international conglomerates (such as Sony) that are parent companies to a number of other large organizations (such as Sony Pictures Entertainment, which itself is the parent company of Columbia Pictures and Screen Gems, among others). Some companies form just for the purpose of making one movie or television show, whereas others, such as Universal and Netflix, oversee, purchase, or distribute thousands of movies and TV programs each year. But all of these companies are businesses—they need to make money to stay in business.