Film To Television
Halfway through the 1950s, with television proving to be a lucrative enterprise not destined to disappear any time soon—as many in the film industry had once hoped—movie studios were increasingly being used to produce programming for the burgeoning medium. Some midsize film companies, such as Republic Pictures, eventually sold their studios to TV production concerns, which were eventually bought by larger studios, such as the American Broadcasting Company which was purchased by The Walt Disney Company in 1996.
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