Indiewood. News Corporation (Fox/Searchlight) Sony (Columbia/TriStar) Viacom (Paramount/Vantage) Comcast (Universal/Focus) Disney (Walt Disney/Touchstone) Time Warner (Warner Bros./New Line).
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The 1980s saw Hollywood reverting back to the studio era climate of the 30s and 40s. This time the corporate owners of the studios controlled the film business rather than the studio bosses themselves. Gradually an alternate pathway other than the Hollywood system was devised that gave independent filmmakers the creative control that was heavily compromised in conventional ways. This alternate pathway was informally known to be Indiewood.
Big budget Hollywood films are bankrolled, given a deadline and are subject to focus group viewings. Independent films find their way to audiences through film festivals.
Made on comparatively low budgets some of the independent films made considerable profit at the box office (Pulp Fiction, Clerks, Desperado) as well as winning critical acclaim around the globe. By the mid 90s major studios developed their own independent film producing subsidiary divisions.