Disney as a conglomerate

Disney is a conglomerate

A media conglomerate, media group or media institution is a company that owns large numbers of companies in various mass media such as television, radio, publishing, movies, and the Internet. Media conglomerates strive for policies that facilitate their control of the markets across the globe.

Disney owns

• Walt Disney Studios
• Buena Vista Home Entertainment
• Walt Disney Motion Pictures Group:
• Touchstone Pictures
• Pixar Animation Studios
• Lucasfilm
• ESPN
• ABC Entertainment Group
• Marvel Entertainment
• Disney Music Group

The media industry is dominated by 'The Big Six'

Just how dominant are 'The Big Six' studios?

How many independent films can you spot?

Why might conglomerates be seen as a negative?

Global conglomerates can at times have a progressive impact on culture, especially when they enter nations that had been tightly controlled by corrupt crony media systems (as in much of Latin America) or nations that had significant state censorship over media (as in parts of Asia). The global commercial-media system is radical in that it will respect no tradition or custom, on balance, if it stands in the way of profits. But ultimately it is politically conservative, because the media giants are significant beneficiaries of the current social structure around the world, and any upheaval in property or social relations—particularly to the extent that it reduces the power of business—is not in their interest.— 

Robert W. McChesney, The New Global Media; It’s a Small World of Big Conglomerates, The Nation Magazine, November 29, 1999