Terminology[ edit ] A conglomerate is a large company composed of a number of smaller companies subsidiaries engaged in generally unrelated businesses.
Walt Disney and Fox Inc. The Walt Disney and Fox Inc. Moreover, both companies generate the largest percentages of their revenues by collecting the affiliation fees from their partners. This paper explores the annual report of both companies to compare and contrast the segments of both Disney Company and Fox Inc.
By exploring the shareholders letters of both companies, the paper has been able to identify the common attributes of both companies. The Walt Disney Company is a conglomerate and multinational entertainment company with a headquarter in California. Established inthe Disney Company is the second largest entertainment company in term of revenue.
However, the Media Networks is the most important segment that generates the highest revenue for Walt Disney. However, Parks and resorts generated the second largest revenue for Disney at the end of fiscal year.
The Disney letter to the shareholders at the end fiscal year shows that innovation and creativity have been the major strategy that assists the company in achieving competitive market advantages making Disney to continuing assuming a leadership position in the entertainment industry.
Annual Report, p 3 is an entertainment and media company operating in the following segments: Contrary to the Disney that operates five segments, Fox Inc. However, both Disney and Fox Inc.
Percentage of Disney Revenue by Segments Source: Disney Annual Report Fig 2: Percentage of Fox Inc. Although the state of Delaware is a small state, however, many companies are incorporated in the Delaware because its corporate laws are favorable to corporate organizations.
Moreover, Delaware is referred as a tax haven for organizations because the state does not collect tax from companies registered in Delaware, however, that does not physically conduct businesses in the state.
Thus, both the Disney Company and Fox Inc. The Form K document also contains the value of the Common stocks of both companies. The values of the Disney and Fox Inc. Annual Report, p 1 [footnoteRef: Moreover, the details of the Disney common stock outstanding showed that "there were 1,, shares of common stock outstanding as of November 18, The Form K of the Fox Inc.
Twenty-First Century Fox Inc. For example, the company takes an advantage of the new technology to transmit the TV program globally using the cable technology. The company also takes the advantage of the satellite to distribute its services to its customer across the globe.
Similarly, the Disney Company has taken the advantages of the internet technology to boost its sales across the globe. In the contemporary business environment, large percentages of business are using the internet technology to tap the geographical markets that are impossible to reach before the advent of internet technology.
Through the company website, Fox Inc. Moreover, the Fox Inc. Since the bulk of the Disney product and services can be distributed online, thus, the company offers the advantages for its customers to subscribe to its products and services online.
A letter to the Shareholder reveals that the Disney has maintained its leadership position in the entertainment industry and has continued recording an incredible demand for their brands and franchises reaching millions of people globally.
Moreover, Disney has taken the advantages of the digital technology to unlock new opportunities. Thus, the Disney greatest strength relies on the method it employs in embracing changes by using the new technology to achieve the strategy market advantages.
Despite the market advantages that the Disney and Fox Inc. For example, Disney faces a stiff competition from other cable and networks companies as well as other independent television. Moreover, Disney competes with radio stations, television networks, independent television stations, advertising media, and other television networks.
The growth of different networks from MVPD has increased the competitive pressures within the industry. In the entertainment industry, the cable network operators compete for distributions and contents.The holdings of the Big 6 Giants clearly prove that the media industry is dominated by a few firms in oligopoly.
I am sure that most people are unaware of the fact that only a few conglomerates dominate mainstream media. The purpose of this discussion is to help you understand the role of corporations in the modern world while evaluating ethical aspects of corporate market domination.
Prepare and post a response to the following prompts: Describe the difference between a corporation and a conglomerate.
Consider the ethics of media conglomerates in the United States. Download "Analysis of Media Conglomerates Fox Inc and Walt Disney" Essay ( Words)! ☘ Walt Disney and Fox Inc. are the conglomerate companies operating in the entertainment industry, and both companies have been able to achieve the competitive market.
Development of Media Conglomerates by the example of the Walt Disney Corporation Within the last century the media industry in the United States was subject to a major change. Starting in the ies, mainly evoked by the development of the television, the industry changed from the so called studio era1 to the television broadcasting era2.
A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as television, radio, publishing, motion pictures, theme parks, or . Development of Media Conglomerates by the example of the Walt Disney Corporation Within the last century the media industry in the United States was subject to a major change.
Starting in the ies, mainly evoked by the development of the television, the industry changed from the so called studio era1 to the television broadcasting era2.