In the latter half of the 20th century, new studios and productions emerged, challenging the dominance of traditional Hollywood studios. One such studio was Walt Disney Productions, which revolutionized the animation industry with films like "Snow White and the Seven Dwarfs" and "Bambi." The studio's success paved the way for other animation studios, including Pixar Animation Studios, which produced critically acclaimed films like "Toy Story" and "Finding Nemo."