Abstract
This article examines the historical development of the global film industries primarily through horizontal integration between the late 20th and the early 21st century. It presents an empirical analysis of the structural change and dynamics of the film industries. It explores the role of US film corporations – considered the key players in the global film market through Hollywood movies – to determine whether the US has achieved a pivotal role in the global M&A market. This leads to the fundamental question of whether film corporations in non-western countries have expanded their influence in the global market so that they can reduce the asymmetrical power balance between the West and the East.
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