Media, Media, Everywhere...

“Companies that own large numbers of companies in various mass media such as television, radio, publishing, movies, and the Internet” also known as media conglomerates as I learned last year, are companies such as Walt Disney. 


Founded on October 16, 1923, by Walt and Roy Disney, The Walt Disney Company, as of 2010, is the largest media conglomerate in the entire world.

With 8 divisions Walt Disney Motion Pictures Group, Disney Music Group, Disney-ABC Television Group, Walt Disney Theatrical, Radio Disney, Disney Interactive Media Group, Disney Consumer Products, and Walt Disney Parks and Resorts I believe it to be a very successful company. It also owns many subsidiaries: Pixar Animation Studios, Marvel Entertainment, LLC, Playdom, Tapulous, ESPN (80%), ABC Inc., A&E Television Networks (42.5%) as well as numerous others.



The Walt Disney Company, I would say has done a fabulous job on the focus of its media concentration with it mainly focusing on what principles Walt Disney originally started on, which I believe to be purely entertainment for the masses. The success of their media concentration is very clearly reflected on its revenue of 38.8 billion dollars this past year!! However, this company not only focuses on entertainment through orated and visual entertainment, but it also has many branches of resorts and cruise lines such as Walt Disney Parks and Resorts, Disneyland Resort, Walt Disney World Resort, Tokyo Disney Resort, Disneyland Paris, Euro Disney S.C.A., Hong Kong Disneyland Resort, Disney Vacation Club and Disney Cruise Line. From its radio to their cruiselines theres certainly more than enough to be said about its success in its growth and expertise in the field of media.