Theater Industry's Intersection with Entertainment Ecosystem

The theater industry often collaborates with entertainment studios to bring popular shows to the stage. Studios like Universal, Fox, MGM, and now Netflix have contributed to creating successful theatrical productions. Sonya Friedman has partnered with Netflix to turn 'Stranger Things' into a live theatrical show, proving that even complex sci-fi stories can be adapted emotionally for the stage. This collaboration showcases that theater can provide a unique storytelling platform for entertainment studios at a relatively low cost compared to their usual productions.