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Of course they do,

But I would assume that once some of these mega franchises hit the public domain, we could see Sony (just a random non disney example) make a big budget Star Wars movie and try to create their own Star Wars universe that is separate.

This may or may not actually be a thing since by the time Star Wars hits public domain it may be irreverent. But if we had a shorter period, I would assume that could happen?



Disney made big budget Star Wars movies separate from the established universe. Something like that happens to all decades long series. Even with 1 owner.




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