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: Distinct as the only major studio not owned by a larger American telecommunications firm. It holds the rights to Spider-Man and produces global hits through its Columbia Pictures and TriStar labels.

The most valuable asset is owned IP. Disney has Marvel; Warner has DC and Harry Potter; Nintendo (via Illumination) has Super Mario . Studios that rent IP (e.g., Sony renting Spider-Man to Marvel) live in constant negotiation. Successful studios build franchises from scratch—see The Last of Us (HBO/Warner) or Yellowstone (Paramount). brazzers nia bleu ceramics sluts sneaks a f