Answer: not quite.
Step-by-step explanation:
The term studio, as in the golden age of Hollywood.
Although the term is used in this day and age as a reference to the systems and output of the major studios, historically the term refers to the practice or large motion picture studios between the 1920 and 1960s of producing movies primarily on their own filmmaking lots with creative personnel under often long term contracts and dominating exhibition through vertical integration.