The 1980s saw the emergence of conglomerates like Time Warner, Disney, and Viacom, which acquired various studios, networks, and production companies. This led to a period of consolidation and increased focus on blockbuster films and franchises. Studios like Universal Pictures, Warner Bros., and Sony Pictures produced massive hits like Jaws (1975), Star Wars (1977), and Terminator (1984), which redefined the sci-fi and action genres. The success of these films led to the development of franchise models, with studios creating sequels, prequels, and merchandise opportunities.