UT
RTF 305 -
Oligopoly
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Oligopoly limited number of competitors ex Paramount Studios Lot Classic Hollywood studios were oligopoly Limited number of major studios made Hollywood more efficient to max or mass produce certain amount of movies and limited the number of competitors High barriers to entry to would be competitors Vertically integrated controlled production distribution make sure they make back the money they spent on production by getting distribution fees and ticket sales from the theaters vertical integration At a certain point universal joined NBC Disney bought ABC at Disney we own various types of different media
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