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To survive the intense competition, major media companies turned to consolidation. The most notable move occurred when Amazon announced its acquisition of MGM Studios for $8.45 billion, securing a massive library of intellectual property, including the James Bond franchise. 2. The Rise of Non-English Global Mega-Hits
No conversation about 2021 is complete without mentioning Squid Game . As a South Korean survival drama, its global dominance highlighted the true power of international streaming, becoming Netflix’s most successful original show by breaking viewer records previously held by Bridgerton . It also topped Twitter’s list of most tweeted-about shows, as reported by Deadline .
Apple TV+ quietly had the best critical year, with Ted Lasso (Season 2) dominating the Emmys and CODA winning Best Picture (though released in 2021, its awards run peaked in 2022). Amazon’s The Wheel of Time attempted to fill the Game of Thrones void, while The Witcher (Season 2) doubled down on monster-hunting daddy issues.
TikTok continued to shape the music industry, with songs often gaining popularity through viral dance trends (e.g., Megan Thee Stallion's "Savage" remix). The "That Girl" aesthetic—focusing on early morning routines, healthy habits, and aesthetic productivity—dominated content feeds.
The music industry in 2021 reflected a mix of vulnerable, introspective pop and massive stadium-status comebacks. girlgirlxxx240514angelinamoonandphoebek 2021
From Friends to Ghostbusters: Afterlife and the return of Y2K fashion trends, 2021 was obsessed with looking backward, providing comfort through familiar IP and aesthetics.
In 2021, subscription video-on-demand (SVOD) platforms cemented their dominance over traditional television and theatrical exhibition.
If cinema was fighting for survival, television was drowning in abundance. 2021 saw the release of 559 original scripted series—a number that is physically impossible to consume fully.
Marvel successfully transitioned to television with critically acclaimed hits like WandaVision on Disney+. The "Vibe" Shift: Shows like (Apple TV+) and The White Lotus To survive the intense competition, major media companies
Films like Dune: Part One and The Power of the Dog received high acclaim for their cinematic vision, even as many viewers chose to watch them via HBO Max or Netflix on day one.
: These appear to be the names of specific digital creators or performers ("Angelina Moon" and "Phoebe K").
Disney+ heavily leveraged its Marvel Cinematic Universe (MCU) and Star Wars intellectual properties. Shows like Wandavision , The Falcon and the Winter Soldier , and Loki dominated weekly social media discourse, mastering the episodic release format to maintain prolonged audience engagement.
The film of the year. It single-handedly revived the theatrical box office, breaking pandemic-era records and becoming a massive global hit, capitalizing on nostalgia and fan service. The Rise of Non-English Global Mega-Hits No conversation
With her debut single "Driver’s License" , 17-year-old Olivia Rodrigo broke streaming records and became the voice of a new generation. Her album Sour dominated the year.
: Streamed video grew significantly in major markets like the US and UK, while traditional radio saw a decline in favor of digital audio.
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The defining cinematic trend was the rise of "event-izing" content at home. Red Notice on Netflix, despite scathing reviews, became the most-watched film in the platform’s history, proving that star power (The Rock, Ryan Reynolds, Gal Gadot) and algorithmic efficiency often trumped artistic merit. Audiences weren't looking for high art; they were looking for reliable, high-octane escapism that required zero emotional labor.
The movie industry faced significant challenges in 2021 due to the COVID-19 pandemic, with many films experiencing delayed releases. However, several movies managed to break through and achieve remarkable success.
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