21st Century Fox Essay

For more than nine decades, the name Walt Disney has been preeminent in the field of family entertainment. From humble beginnings as a cartoon studio in the 1920s to today 's global corporation, Disney continues to proudly provide quality entertainment for every member of the family, across America and around the world. The company is diversified, focusing on its mass media headquartered in Burbank, California (Iger, 2012). In terms of revenue, it is the largest media conglomerate in the world (Silkos, 2009). Founded on October 16, 1923, by the Disney Brothers Cartoon Studio, Walt Disney Productions established itself as a leader in

In Canadian history there are many famous people. In my mind one really stands out among the rest. His name is Terry Fox and he is one of the greatest athlete to run on the face of this planet. Terry discovered he had cancer and then decided to run across Canada. He was a brave man who would take what the world through at him. Running across Canada was his way to show the world that he was not going out with out a fight.

After the first quarter of this year, the ABC network “income at broadcasting increased 35% to $240 million” (The Walt Disney

The media industry in the United States of America (US) is one such industry. As a powerful communication tool, the media has attracted many companies but only a handful has grown big. These media giants have dominated the local market and are currently seeking to conquer the global media industry in search of better profits.

20th century fox. This company used to be one of the main 5 in the

Comcast Corporation, based in Philadelphia, PA, with its bundling services operates as a media and technology with its two primary business, Comcast Cable and NBCUniversal. Comcast sprung into life in 1963 and went public in 1973 (James, 2014) It has acquired many corporation to take a firm stand where it is at today. Comcast Cable is nation’s largest video, high-speed Internet which has continuously increased its speed 13 times in last 13 years which now offers up to 505 Mbps to residential customers and up to 10 Gbps to businesses as well as phone services under XFINITY brand (Comcast, 2014). NBCUniversal operates in media, entertainment and sports cable network, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts (Yahoo Finance, 2015). Comcast also invests heavily in innovative businesses that represent the next generation of entertainment, communications and digital technology by partnering with entrepreneurs who have the vision, passion and tenacity to succeed (Comcast, 2015).

Of the four business units that make up The Walt Disney Company (Disney), the Media Networks unit is by far the largest with revenues accounting for about 43% of total company revenues in 2016 (Appendix C) (MERGENT Online). This segment is made up of cable networks like ESPN and Freeform, broadcasting networks, and all the technology and assets that go into producing content for these networks (MERGENT Online). Through it’s media networks division, Disney aims to provide family-friendly entertainment options to households across the world through television and radio networks. Because the cost to watch Disney’s channels is essentially the same as the cost to watch a competitor’s channel, competitors in this industry must compete on differentiation to attract viewers. This value proposition and strategy helps to focus the segment’s value chain and its efforts to capture value. The value chain (Appendix A), seems to suggest Disney’s brand, technologies, and recruitment capabilities are driving the segment towards its 24.86% margin (MERGENT Online).

Fox Studio is a gymnastics school that is located in San Fernando, Los Angeles, California. Fox studio offers dance classes, gymnastic classes, music lessons, and acting lessons. Their gymnastics program works towards strong floor tumbling, acrobatics and balance skills at each level. They strive to provide good service and take care of all the “details.”

Over the centuries, the media has played a significant role in the shaping of societies across the globe. This is especially true of developed nations where media access is readily available to the average citizen. The media has contributed to the creation of ideologies and ideals within a society. The media has such an effect on social life, that a simple as a news story has the power to shake a nation. Because of this, governments around the world have made it their duty to be active in the regulation and control of media access in their countries. The media however, has quickly become dominated by major mega companies who own numerous television, radio and movie companies both nationally and

The media network component of Disney Corporation includes broadcast and cable television networks, television production operations, television distribution, domestic television stations and radio networks and stations. Some notable cable network businesses include ESPN, Disney Channels Worldwide, ABC Family, and SOAPnet. Disney’s broadcasting business includes a domestic broadcast network, television production and distribution operations and eight owned domestic television stations.

Comcast Corporation, based in Philadelphia, Pennsylvania, is the largest cable company in the United States. Comcast develops broadband cable networks and are involved in electronic retailing and television programming content.

"[In 1998] Viacom earned more from its Nickelodeon channel than from its Paramount Studio. Fox's top earning film for the year was the animated Ice Age… Sony meanwhile earned more from its PlayStation than from all its movies and television programming combined." 7

Time Warner In 1989, the largest Media Corporation was formed. The integration of Time Inc. and Warner communications produced Time Warner, which in 1996 with the acquisition of Turner broadcasting, regained it's status from Disney as the largest media corporation in the world. The company right now, with over 200 subsidiaries world- wide, is becoming fully global with it's profits from the USA falling, and it's profits throughout the world rising.

worth $32,8 billion, which is more than CBS. The market has several segments of the its

The networks segment of Disney includes national broadcast television, television production and distribution, domestic television stations, international and local cable networks, domestic broadcast radio networks and stations and publishing and digital operations. Television Disney/ABC Group encompasses Disney 's global entertainment and news television Properties owned television stations group, and radio and publishing businesses. Disney/ABC channels, and creates programming and the advantages of franchising to all businesses of Disney. Television stations group, ABC operates more than 220 affiliated stations and the ABC 's group of television channels owned ten television stations, six of which are in