A film studio (also known as movie studio or simply studio) is a major entertainment company that makes films. Today, they are mostly financing and distribution entities. Additionally, they may also have their own privately owned studio facility or facilities; however, most firms in the entertainment industry have never owned their own studios, but have rented space from other companies. The day-to-day filming operations are generally handled by their production company subsidiary.
There are also independently owned studio facilities, who have never produced a motion picture of their own because they are not entertainment companies or motion picture companies; they are companies who sell only studio space.