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68-438: The MPEG negotiates collective bargaining agreements (union contracts) with producers and major motion picture movie studios and enforces existing agreements with employers involved in post-production . The MPEG provides assistance for securing better working conditions, including but not limited to, salary, medical benefits, safety (particularly "turnaround time") and artistic (assignment of credit) concerns. On April 12, 1937,

136-436: A "major studio" until 1984, when it joined 20th Century Fox, Columbia, Metro–Goldwyn–Mayer, Paramount, Universal, and Warner Bros. to comprise the "Big Seven." The decay of MGM in 1986 lead the studio to become a mini-major upon its sale in 1986, reducing the majors to the "Big Six". In 1989, Sony acquired Columbia Pictures Entertainment, which became Sony Pictures Entertainment in 1991. In 2019, Disney acquired Fox , reducing

204-470: A 1935 merger), Warner Bros., and RKO. The remaining majors were sometimes referred to as the "Little Three" or "major minor" studios. Two—Universal and Columbia (founded in 1924)—were organized similarly to the Big Five, except for the fact that they never owned more than small theater circuits (a consistently reliable source of profits). The third of the lesser majors, United Artists (founded in 1919), owned

272-519: A 1967 merger with the Seven Arts company preceded a 1969 purchase by Kinney National , under Stephen J. Ross . MGM, in the process of a slow decline, changed ownership twice in the same span as well, winding up in the hands of financier Kirk Kerkorian also in 1969. The majors almost entirely abandoned low-budget production during this era, bringing the annual average of features released down to 160. The decade also saw Disney/Buena Vista commanding

340-459: A distribution company for several independent producers, later began producing its own films, and was eventually acquired by MGM in 1981. Columbia Pictures eventually merged in 1987 with Tri-Star Pictures to form Columbia Pictures Entertainment, now known as Sony Pictures Entertainment Inc. During the Golden Age, Walt Disney Productions was an independent production company and not considered

408-426: A few theaters and had access to production facilities owned by its principals, but it functioned primarily as a backer-distributor, loaning money to independent producers and releasing their films. During the 1930s, the eight majors averaged a total of 358 feature film releases a year; in the 1940s, the four largest companies shifted more of their resources toward high-budget productions and away from B movies , bringing

476-534: A large enough market share to arguably qualify it as a seventh major. In 2006, DreamWorks was acquired by Viacom , Paramount's then-corporate parent (Viacom, after other mergers and acquisitions and rebrandings, included its movie studio's well-known name when the parent company rebranded as Paramount Global in 2022). In late 2008, DreamWorks once again became an independent production company; its films were distributed by Disney's Touchstone Pictures until 2016, at which point distribution switched to Universal. Today,

544-444: A leading position thereafter. The two emerging contenders were both newly formed companies. In 1978, Krim, Benjamin, and three other studio executives departed UA to found Orion Pictures as a joint venture with Warner Bros. It was announced optimistically as the "first major new film company in 50 years". Tri-Star Pictures was created in 1982 as a joint venture of future corporate sibling Columbia Pictures (at that time acquired by

612-778: A name change and became the Motion Picture Editors Guild, Local 776 of the IATSE. In 1998, at the direction of the IATSE, the Sound Technicians Union, Local 695 ceded jurisdiction of post-production sound mixers, recordists and engineers, to the Motion Picture Editors Guild. A year later Local 771 representing editors working in New York merged with, and Locals 780 and 52 ceded their respective jurisdictions of editors and sound technicians to Local 776. The greatly expanded Editors Guild now Local 700,

680-461: A prominent position in the market. Buoyed by the success of Mary Poppins , Disney achieved a 9% market share in 1964, more than Warner and its eventual subsidiary Fox. Though over the next two decades Disney/Buena Vista's share of the box-office would continue to reach this level, the studio was still not considered a major as it did not release many films, and those it did release were exclusively G-rated. The early 1970s were difficult years for all

748-523: A second powerful Hollywood studio was established when Adolph Zukor merged his Famous Players Film Company movie production house with the Jesse L. Lasky Company to form Famous Players–Lasky . The combined studio acquired Paramount Pictures as a distribution arm and eventually adopted its name. That same year, William Fox relocated his Fox Film Corporation from Fort Lee, New Jersey to Hollywood and began expanding. In 1923, Walt Disney had founded

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816-408: A small scale in 1981, it was eventually spun off and now operates as a minor independent company.) In contrast, there was United Artists, which had long operated under the financing-distribution model the other majors were now progressively shifting toward. Under Arthur Krim and Robert Benjamin , who began managing the company in 1951, UA became consistently profitable. By 1956—when it released one of

884-470: A special Academy Award for Technical Achievement . Fox, in the forefront of sound film technology along with Warner Bros., was also acquiring a sizable circuit of movie theaters to exhibit its product. The development of sound films like The Jazz Singer near the end of the Roaring Twenties resulted in a massive rush of Americans to movie theaters to watch the astonishing new "talkies". At

952-659: Is a trade association based in Sherman Oaks, Los Angeles, California , that represents over 350 American television and film production companies in collective bargaining negotiations with entertainment industry trade unions that include, among others, SAG-AFTRA , the Directors Guild of America , the Writers Guild of America West and East , the American Federation of Musicians , and

1020-408: Is high enough for consumers to afford to watch films). The majors enjoy "significant internal economies of scale " from their "extensive and efficient [distribution] infrastructure," while it is "nearly impossible" for a film to reach a broad international theatrical audience without being first picked up by one of the majors for distribution. Today, all the Big Five major studios are also members of

1088-531: Is only the second local granted a national rather than a regional charter. By the year 2000 their ranks had been joined by the Story Analysts local and the Laboratory Film /Video Technicians-Cinetechnicians local in late 2010. Today the Motion Picture Editors Guild, Local 700 has offices in New York and Hollywood and represents more than 7000 post-production media professionals nationwide making it

1156-526: The Coca-Cola Company ), HBO (then owned by Warner Bros. Discovery's predecessor Time Inc. ), and CBS . In 1985, Rupert Murdoch 's News Corporation acquired 20th Century-Fox (thus dropping that name's hyphen), the last of both the classic Hollywood majors to be taken over by an outside corporation and five relatively healthy Golden Age majors to remain independent throughout that era and after until its eventual sale to Disney in 2019 brought back

1224-730: The International Alliance of Theatrical Stage Employees . As the entertainment industry's official collective bargaining representative, the AMPTP, like the Motion Picture Association (MPA), is a key trade association for major film and television producers in the United States. The AMPTP currently negotiates 80 industry-wide collective bargaining agreements on behalf of over 350 motion picture and television producers. AMPTP member companies include

1292-540: The Motion Picture Association (MPA) and the Alliance of Motion Picture and Television Producers (AMPTP). Summary of the 2023 North American market share of each studio. The current "Big Five" majors (Universal, Paramount, Warner Bros., Disney, and Sony) all originate from film studios that were active during Hollywood's "Golden Age." Four of these were among that original era's " Eight Majors ," being that era's original "Big Five" plus its "Little Three," collectively

1360-557: The National Labor Relations Board . The group filed for a union election on March 8, 2022. Major studios Major film studios are production and distribution companies that release a substantial number of films annually and consistently command a significant share of box office revenue in a given market. In the American and international markets, the major film studios, often known simply as

1428-654: The US Supreme Court upheld the constitutionality of the National Labor Relations Act . On May 20, 1937, the Society of Motion Picture Film Editors was founded by I. James Wilkinson (sound editor), Ben Lewis (film editor) and Philip Cahn (film editor), when film editors earned a mere $ 100 per week. On June 7 1937, membership totaled 571, men and women, as picture editors, sound editors, assistants, apprentices and librarians. In 1938,

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1496-705: The first Warner Bros. Studio on Sunset Boulevard in Hollywood. On April 4, 1923, the Warner Bros. incorporated their fledgling movie company as " Warner Bros. Pictures, Inc. ". Though their first film was My Four Years in Germany , Warner Bros. released their full-fledged movie The Jazz Singer in 1927. Warner Bros. were the pioneers of the sound film era as they established Vitaphone . Because of The Jazz Singer' s success (along with Lights of New York , The Singing Fool and The Terror ), Warner Bros.

1564-419: The major motion picture studios (including Paramount Pictures , Sony Pictures , Universal Pictures , Walt Disney Studios and Warner Bros. ), the principal broadcast television networks (including ABC , CBS , FOX and NBC ), streaming services like Netflix , Apple TV+ , and Amazon , certain cable television networks , and other independent film and television production companies . The AMPTP

1632-464: The majors or the Big Five studios , are commonly regarded as the five diversified media conglomerates whose various film production and distribution subsidiaries collectively command approximately 80 to 85% of U.S. box office revenue. The term may also be applied more specifically to the primary motion picture business subsidiary of each respective conglomerate. Since the dawn of filmmaking ,

1700-464: The runaway production phenomenon means that most films are now mostly or completely shot on location at places outside Los Angeles. The Big Five major studios are also members of the Motion Picture Association (MPA) and the Alliance of Motion Picture and Television Producers (AMPTP). Secondary studio New Line Cinema June 18, 1967 20th Century Studios May 31, 1935 TriStar Pictures March 2, 1982 Other major film studios of

1768-429: The 20th century included: "Instant major" is a 1960s coined term for a film company that seemingly overnight had approached the status of major." In 1967, three "instant major" studios popped up, two of which were partnered with a television network theatrical film unit, with the most lasting until 1973: Mini-major studios (or "mini-majors") are the larger, independent film production companies that are smaller than

1836-819: The Association of their intention to withdraw the following month. Paramount and Universal formed a new organization, the Alliance. In 1982, the Alliance and the AMPTP merged to form the Alliance of Motion Picture and Television Producers. Since its formation, the AMPTP has only had two presidents, beginning with Nick Counter from 1982 until 2009. With Counter's retirement in March 2009, Carol Lombardini took over on an interim basis until becoming permanent president seven months later in October. Jarryd Gonzales served as AMPTP's spokesperson from 2015 to 2023. The AMPTP

1904-441: The Big Five for the first time since then. By 1986, the combined share of the six classic majors — Paramount, MGM/UA, Fox, Warner Bros., Columbia and Universal — fell to 64%, the lowest since the beginning of the Golden Age. Fox's future parent company Disney was in third place, behind only Paramount and Warner. Even including Disney/Buena Vista as a seventh major and adding its 10% share (only for them to acquire Fox 33 years later),

1972-432: The Big Five major studios are primarily financial backers and distributors of films whose actual production is largely handled by independent companies – either long-running entities or ones created for and dedicated to the making of a specific film. For example, Disney and Sony Pictures distribute their films through affiliated divisions ( Walt Disney Studios Motion Pictures and Sony Pictures Releasing , respectively), while

2040-681: The Big Five still based in Hollywood and located entirely within the official city limits of the City of Los Angeles. Warner Bros. and Disney are both located in Burbank , while Universal is in the nearby unincorporated area of Universal City , and Sony is in Culver City . Disney is the only studio that has been owned by the same conglomerate since its founding. The offices of that parent entity are still located on Disney's studio lot and in

2108-486: The Big Five, there are several smaller U.S. production and distribution companies, known as independents or "indies." The leading independent producers and distributors such as Lionsgate Studios , the aforementioned Metro-Goldwyn-Mayer (now owned by Amazon ), A24 , and STX Entertainment , are sometimes referred to as "mini-majors." From 1998 through 2005, during a portion of the Big Six period, DreamWorks SKG commanded

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2176-710: The Disney Brothers Cartoon Studio and The Disney Brothers Features Company with his brother Roy and animator Ub Iwerks . Renamed as Walt Disney Productions , Disney became a powerful independent over the next three decades focusing on animation with its shorts and films being distributed over the years by various majors; primarily Leslie B. Mace, Winkler Pictures, Universal Pictures, Celebrity Productions, Cinephone, Columbia Pictures, United Artists, United Artists Pictures and finally RKO. In its first year in 1928, Celebrity Productions and Cinephone had released its first blockbuster Steamboat Willie . In

2244-534: The Motion Picture Editors Guild Legacy Archive Collection. The collection includes interviews focusing on the life and career history of Motion Picture Editors Guild members. This article related to a film organization is a stub . You can help Misplaced Pages by expanding it . Alliance of Motion Picture and Television Producers The Alliance of Motion Picture and Television Producers ( AMPTP )

2312-705: The New York–based Trust was arguably the first major North American movie conglomerate. The independents' fight against the Trust was led by Carl Laemmle , whose Chicago-based Laemmle Film Service, serving the Midwest and Canada, was the largest distribution exchange in North America. Laemmle's efforts were rewarded in 1912 when the U.S. government ruled that the Trust was a "corrupt and unlawful association" and must be dissolved. On June 8, 1912, Laemmle organized

2380-559: The aforementioned Universal under Lew Wasserman in 1962, the later half of the 1960s were marked by four others — Paramount, United Artists, Warner Bros., and MGM — involved in a spate of corporate takeovers that left Columbia, Fox, and its eventual parent company Disney under original ownership. Gulf+Western took over Paramount in 1966; and the Transamerica Corporation purchased United Artists in 1967. Warner Bros. underwent large-scale reorganization twice in two years:

2448-459: The biggest blockbusters of the decade, Around the World in 80 Days —it commanded a 10% market share. By the middle of the next decade, it had reached 16% and was the second-most profitable studio in Hollywood. Despite RKO's collapse, the remaining seven majors still averaged a total yearly release slate of 253 feature films during the decade. Following MCA Inc. 's acquisition of Decca Records and

2516-401: The classic majors. Movie attendance, which had been declining steadily since the end of the Golden Age, hit an all-time low by 1971. In 1973, MGM president James T. Aubrey drastically downsized the studio, slashing its production schedule and eliminating its distribution arm (UA would distribute the studio's films for the remainder of the decade). From fifteen releases in 1973, the next year MGM

2584-557: The club of major studios and two significant contenders emerged. With the combined output of Walt Disney Pictures , the establishment of the Touchstone Pictures brand in 1984, and increasing attention to the adult live-action market during the early 1980s, Disney/Buena Vista secured acknowledgment as a full-fledged major. Film historian Joel Finler identifies 1986 as the breakthrough year, when Disney rose to third place in market share and remained consistently competitive for

2652-469: The companies outside of the then-seven majors and Disney had combined for a grand total of 1%. In the first edition of Finler's The Hollywood Story (1988), he wrote, "It will be interesting to see whether the old-established studios will be able to bounce back in the future, as they have done so many times before, or whether the newest developments really do reflect a fundamental change in the US movie industry for

2720-544: The courts for years for control of fundamental motion picture patents, won a major decision. This led to the creation of the Motion Picture Patents Company , widely known as the Trust. Comprising the eight largest U.S. film companies, it was "designed to eliminate not only independent film producers but also the country's 10,000 independent [distribution] exchanges and exhibitors." Though its many members did not consolidate their filmmaking operations,

2788-571: The decades that followed, Disney and its associated distributors were able to achieve occasional successes, but its relatively small output and exclusive focus on G-rated films meant that it was not generally considered to be one of the majors. The Motion Picture Theatre Owners of America and the Independent Producers' Association declared war in 1925 on what they termed a common enemy — the "film trust" of Metro-Goldwyn-Mayer , Paramount, and First National , which they claimed dominated

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2856-500: The eight film studios that controlled as much as 96% of the market during the 1930s and 1940s. In addition to being members of today's "Big Five," Paramount Pictures and Warner Bros. were also part of the original "Big Five," along with RKO Pictures , Metro-Goldwyn-Mayer , and 20th Century Fox . Universal Pictures was, during that early era, considered one of the "Little Three," along with United Artists and Columbia Pictures . RKO went defunct in 1959. United Artists began as

2924-619: The eight majors' box-office domination, it somewhat leveled the playing field between the Big Five and the Little Three. In November 1951, Decca Records purchased 28% of Universal; early the following year, the studio became the first of the classic Hollywood majors to be taken over by an outside corporation, as Decca acquired majority ownership. In 1953, Disney established its own distribution division, Buena Vista Film Distribution , to handle its own product which had been largely distributed by RKO. The 1950s also saw two substantial shifts in

2992-472: The end of 1949, when Paramount divested its theater chain—roughly the period considered Hollywood's Golden Age—there were eight Hollywood studios commonly regarded as the "majors". Of these eight, the so-called Big Five were integrated conglomerates, combining ownership of a production studio, distribution division, and substantial theater chain, and contracting with performers and filmmaking personnel: Loews/MGM, Paramount, Fox (which became 20th Century-Fox after

3060-470: The first contract talks garnered a 10% wage increase. In 1943, film editors and assistant editors are offered their own local by the IATSE. Many Society members sought to align themselves with this larger national organization, hoping for greater negotiating clout. The editors, assistant editors, and sound and music editors voted to join IATSE. In 1944, the Society of Motion Picture Film Editors underwent

3128-530: The first times since the 20s." With the exception of MGM/UA—whose position was effectively supplanted by Disney—the old-established studios did bounce back. The aforementioned purchase of 20th Century Fox by Rupert Murdoch 's News Corporation left its future parent company Disney under original ownership and presaged a new round of corporate acquisitions not long afterward. As part of that series, Columbia, Paramount and Warner Bros. received new owners once and for all while Universal changed corporate hands until

3196-490: The hierarchy of the majors: RKO, perennially the weakest of the Big Five, declined rapidly under the mismanagement of Howard Hughes , who had purchased a controlling interest in the studio in 1948. By the time Hughes sold it to the General Tire and Rubber Company in 1955, the studio was a major by outdated reputation alone. In 1957, virtually all RKO movie operations ceased and the studio was dissolved in 1959. (Revived on

3264-400: The industry by not only producing and distributing motion pictures, but by entering into exhibition as well. On October 6, 1927, Warner Bros. released The Jazz Singer , starring Al Jolson , and a whole new era began, with "pictures that talked", bringing the studio to the forefront of the film industry. The Jazz Singer played to standing-room-only crowds throughout the country and earned

3332-596: The major U.S. film studios have dominated both American cinema and the global film industry . U.S. studios have benefited from a strong first-mover advantage in that they were the first to industrialize filmmaking and master the art of mass-producing and distributing high-quality films with broad cross-cultural appeal. Today, the Big Five majors – Universal Pictures , Paramount Pictures , Warner Bros. , Walt Disney Studios , and Sony Pictures – routinely distribute hundreds of films every year into all significant international markets (that is, where discretionary income

3400-429: The major studios and attempt to compete directly with them. Secondary studio Orion Pictures January 1978 Summit Entertainment July 26, 1991 Past mini-majors include: Semi-major studios (or "semi-majors") are significant studios that are sisters to or had a stake held by a major film studio. Secondary studio DreamWorks Pictures October 12, 1994 In 1909, Thomas Edison , who had been fighting in

3468-405: The majors to a new "Big Five" for the first time since Hollywood's Golden Age. Thus, Paramount and Warner are the only Golden Age Big Five members to remain as majors today with the same names, while 20th Century Studios continues to be a major under the ownership of Disney. While the Big Five's main studio lots are located within 15 miles (24 km) of each other, Paramount is the only member of

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3536-522: The majors' control of the North American market was at a historic ebb. Orion (now completely independent of Warner) and Tri-Star were well positioned as mini-majors, each with North American market shares of around 6% and regarded by industry observers as "fully competitive with the majors", much like MGM and Lionsgate by the turn of the century. Smaller independents garnered 13%—more than any studio aside from Paramount. In 1964, by comparison, all of

3604-471: The market. Ten years later, the picture was largely the same: the Big Five had market shares ranging from 22% (MGM) to 9% (RKO); the Little Three had shares ranging from 8% (Columbia) to 4% (United Artists). In sum, the eight majors controlled 96% of the market. The end of the Golden Age had been signaled by the majors' loss of a federal antitrust case that led to the divestiture of the Big Five's theater chains. Though this had virtually no immediate effect on

3672-692: The merger of his production division, IMP (Independent Motion Picture Company), with several other filmmaking companies, creating the Universal Film Manufacturing Company in New York City . By the end of the year, Universal was making movies at two Los Angeles facilities: the former Nestor Film studio in Hollywood, and another studio in Edendale . The first Hollywood major studio was in business. In 1918, four brothers— Harry , Albert , Sam , and Jack Warner —founded

3740-399: The mid-1970s, the industry had rebounded and a significant philosophical shift was in progress. As the majors focused increasingly on the development of the next hoped-for blockbuster and began routinely opening each new movie in many hundreds of theaters (an approach called "saturation booking"), their collective yearly release average fell to 81 films during 1975–84. The classic set of majors

3808-464: The mid-2000s. Paramount's parent company Gulf+Western was renamed Paramount Communications and Coca-Cola sold Columbia to Japanese electronics firm Sony in 1989, creating Sony Pictures . The following year, Warner Communications merged with Time Inc. to birth Time Warner and Universal's parent company MCA was purchased by fellow Japanese electronics conglomerate Matsushita . At this time, both Tri-Star and Orion were essentially out of business:

3876-424: The name The Post Production Guild, signed union cards and asked AMPTP for voluntary union recognition. AMPTP declined to voluntarily recognize the union, saying they support "a secret ballot election process by which a union can become certified as the collective bargaining representative of employees". The CWA referred to AMPTP as "anti-union", alleging the workers are "supervisors" and ineligible for representation by

3944-507: The others function as both production and distribution companies. The specialty divisions (such as Disney's Searchlight Pictures and Universal's Focus Features ) often acquire distribution rights to films in which the studio has had no prior involvement. While the majors still do a modicum of true production, their activities are focused more in the areas of development, financing, marketing, and merchandising. Those business functions are still usually performed in or near Los Angeles, even though

4012-463: The peak of the fad, every person in the United States over the age of six was watching a motion picture in a theater at least once a week. The box office revenue from the first sound films is what enabled the Hollywood majors to achieve their lasting domination of the global film industry. Between late 1928, when RCA 's David Sarnoff engineered the creation of the RKO (Radio-Keith-Orpheum) studio, and

4080-819: The same building . Meanwhile, Sony Pictures Motion Picture Group is a wholly-owned subsidiary of Sony Pictures Entertainment, which is owned by Tokyo-based Sony Group Corporation and is the only US film studio owned by a foreign conglomerate, while Universal is owned by Philadelphia-based Comcast (via NBCUniversal ), and the other two report to corporations headquartered in New York City — Paramount Global and Warner Bros. Discovery . Most of today's Big Five also control subsidiaries with their own distribution networks that concentrate on arthouse pictures (e.g., Universal's Focus Features ) or genre films (e.g., Sony's Screen Gems ); several other specialty units were shut down or sold off between 2008 and 2010. Outside of

4148-479: The second largest local in the IATSE. CineMontage Magazine is the Journal of the Motion Picture Editors Guild, IATSE Local 700. The Leader , the quarterly bulletin of the Society of Motion Picture Film Editors , was first published January 1, 1943. The Editors Guild Newsletter was launched in 1979, later changed to a magazine, and in 2000, was retitled Editors Guild Magazine . The Academy Film Archive houses

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4216-418: The yearly average down to 288 for the decade. Among the significant characteristics of the Golden Age was the stability of the Hollywood majors, their hierarchy, and their near-complete domination of the box office. At the midpoint of the Golden Age, 1939, the Big Five had market shares ranging from 22% (MGM) to 9% (RKO); each of the Little Three had around a 7% share. In sum, the eight majors controlled 95% of

4284-609: Was able to acquire a much larger studio in Burbank, which it began to use starting in 1928 (and which is famous for its signature water tower ). Warner Bros. eventually expanded its studio operations to Leavesden in London. Warner Bros. Studio Leavesden is the main studio in production of hit movies like the Harry Potter film series , The Dark Knight and the recent ones like The Batman and Ready Player One . In 1916,

4352-483: Was an affiliate of the Motion Picture Association of America (MPAA). Jack Valenti , former top White House aide to Lyndon Johnson , started his long tenure as MPAA president in 1966. Other key 20th-century film industry executives who helped shape producer associations were Joseph Schenck , Lew Wasserman , Sid Sheinberg , Y. Frank Freeman and Richard Jencks . In October 2023, it

4420-446: Was announced that over 2300 film and TV producers signed a petition to drop the word "Producers" from the AMPTP acronym (so that it would be AMPT), saying it was "left over from a long-gone era." They claimed that the alliance no longer reflected the interests of working producers, but rather the interests of studio CEOs. In 2022, post-production workers in New York City , represented by Communications Workers of America (CWA) under

4488-438: Was down to five; its average for the rest of the 1970s would be even lower. Like RKO in its last days under Hughes, MGM remained a major in terms of brand reputation, but little more. Disney by contrast began to ascend towards major status through a resurgence in its animated movies, beginning with The Rescuers (1977), and the studio began to enter the adult market with The Black Hole (1979), its first non-G rated film. By

4556-516: Was founded in 1924 as the Association of Motion Picture Producers ( AMPP ). It merged with the Alliance of Television Film Producers (ATFP) in 1964 and was renamed the Association of Motion Picture and Television Producers. In 1966, it also merged with the Society of Independent Producers (formed in 1964). In September 1975, Universal quit the Association during craft negotiations and United Artists and Walt Disney Productions also notified

4624-400: Was shaken further in late 1980, when the disastrously expensive flop of Heaven's Gate effectively ruined United Artists. The studio was sold the following year to Kerkorian, who merged it with MGM. After a brief resurgence, the combined studio continued to decline. From 1986, MGM/UA has been at best a "mini-major", to use the present-day term. Meanwhile, a new member was finally admitted to

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