In the $1930$s$,1940$s$,$ and the $1950$s$,$ movie companies were making as many as $50$ or $60$ movies a year. Nowadays, most movie companies produce fewer than a dozen annually. Some companies only produce three or four. Why?

Group of answer choices

Movie companies are now involved in far more than making movies. They also produce cable TV shows, produce content for websites, and some even produce dolls and board games for sale in retail stores. Thus, they are producing fewer movies as they attend to these other enterprises.

Fewer people are going to the movies.

There are more movie companies and so there is less space in movie theaters for movies. Were each movie company to make $50$ movies a year, most of those movies wouldn$$t be able to get into a movie theater to be shown.

Movies are so expensive $$ as much as a quarter billion dollars per movie $$ that movie companies can$$t afford to produce any more than three or four movies annually.