As usual, Wikipedia has it backward. There were very few theaters in existence able to show films produced by the studios. They invested in theaters and found local businessmen to operate them, both as sole proprietors and as partners.
The investment was out of necessity, not interest in monopolies.
Writers and directors craved an audience, so they appealed to studios for funding. That’s opportunity meeting, not monopolistic practices.
The investment was out of necessity, not interest in monopolies.
Writers and directors craved an audience, so they appealed to studios for funding. That’s opportunity meeting, not monopolistic practices.