The industry is generally segmented into several key formats:

For decades, the entertainment industry operated on a scarcity model. Three television networks, a handful of radio stations, and a local multiplex dictated the cultural narrative. Families gathered on Thursday nights to watch "Must-See TV" because there were no other options.

Studios are now producing media specifically for the "second screen." Notice how dialogue in modern action movies repeats obvious plot points? ("He’s going into the abandoned warehouse!") That’s not bad writing—that’s accessibility for the person looking at their phone.