In film, a company that finances, produces, markets and distributes motion pictures. Major American studios include Columbia, Universal, DreamWorks, Paramount, Warner Bros., MGM and Disney. In television, a company that finances and produces television shows. The marketing and distribution is handled by the network, which may or may not be related to the studio.
Under the classic definition, the studio is a set location for physical production of a film. Today, however, the term 'studio' refers to an entity that develops and finances a slate of films. Although several studios continue to operate lots (often renting space to finance-only companies), the role and distinction of the one-stop movie shop has dramatically shifted. The studios' power as Hollywood's main filmmaking entity, however, is as strong as ever.