The use of LED screens instead of blue and green screens for production in The Mandalorian television series since 2019 has brought about a revolution in the film and television industry. This study aims to explore the impact of LED screen virtual production studios on the contemporary film and television industry, content production, and visual aesthetics. The study employed literature analysis and in-depth interviews as research methodologies. Findings indicate that, firstly, the adoption of LED screen virtual production studios requires the post-production process to be initiated during the pre-production stage, and the preview of virtual and real scenery must be completed before shooting, resulting in a change in the production process. Secondly, LED screen virtual production studios are currently primarily used for producing advertisements and music videos. The study suggests that, in the future, the studio can be employed for creating films or television series in order to expand the range of content production and increase international competitiveness. Finally, the deep integration of various digital technologies in visual aesthetics allows performers to perceive the realism of their surroundings while performing in the virtual space, thereby creating a realistic virtual image to immerse viewers in an aesthetically pleasing experience of perceptual realism.