Monday, 18 November 2013

Walt Disney

Walt Disney is a internationally know media conglomerate. A conglomerate is a company that owns many different smaller companies (more then 2). They can own film studios, radio stations, magazines and internet platforms. Disney on their own own over 100 smaller companies. These smaller companies are called subsidiaries. A subsidiary is a company that is completely or partly owned by another corporation. Walt Disney being a major conglomerate helps it make a name for itself in openings of films. When people see the logo, they will know there will be a lot of money being invested into the film.