Walt Disney Company Research Paper Example | Topics and Well Written Essays - 1250 words - 1

Walt Disney participation - interrogation Paper ExampleFrom Mickey Mouse series to Silly Symphony, Walt Disney, the founder, continued to foster a glossiness of creativity and innovation and his precision which lead the union to become matchless of the most successful and diversify corporations (The Walt Disney Company, 2012). From the success of animated cartoons, which won various Academy awards, the friendship soon developed related trade and initiated another stream of revenue that was followed by a new venture in action films including esteem Is states and the television show during Christmas time. After the death of Walt, his vision was articulately carried on by his brother Roy, who carried come to the fore construction of the Disney land theme park as envisioned by his brother, on the 28,000 acres of land he had purchased in Florida and was later opened in Tokyo and Paris. After Roys death the company was then taken over by Card Walker, Donn Tatum and Ron Miller, all of which were initially trained by the Disney Brothers (DATAMONITOR, 2011). The Disney Company then initiated its Disney channel in 1983 featured by Touchstone Pictures, its film label. The company remained under antagonistic pressures for takeover in early 1980s as its stocks remained undervalued and was eventually taken over by a new management. Soon after the Disney movies took a toll and collaborations with the filmmakers including George Lucas and Francis Ford Coppola resulted in the opening of Splash Mountain. The company then expanded further to include luxury resorts in its portfolio. Establishment of Hollywood Records, stage issue with Beauty and Beast, cruise line business were some of the more developments that took place (The Walt Disney Company, 2012). One of the most big(a) events was Disneys $19 billion acquisition of Capital Cities (ABC Network). This acquisition, the second largest in the United States, not precisely resulted in 10 TV station, 7 daily newspaper s and 21 radio stations but similarly enabled Disney to own positions in the cable networks including Lifetime, History Chanel, A&E and ESPN, which alone is worth $19billion today. Another outstanding acquisition came in 2006 when Robert Iger, the then CEO of the company, decided to acquire Pixar Animation, a creative powerhouse which became one of the most successful partnerships in Disneys history. The intensive growth strategy of Disney continued in 2009 when it acquired wonder Entertainment Inc. for $4.24 billion (The Walt Disney Company, 2012). Company Portfolio Operations and Major Holdings The Walt Disney Company is the largest media conglomerate of the world, with extensive operations in more than 40 countries around the world with its headquarters in Burbank, California United States. In hurt of its size, Walt Disney has been recognized as one of the largest companies of the world by Fortune 500 with a total physical body of employees amounting to 144,000 as per the ye ar 2011. The stockholders equity amounted to a whopping $33,734 million (DATAMONITOR, 2011). Disney has a change portfolio and its major holdings have continued to increase over time. Walt Disney Motions Picture Group is one of flagship holdings that are in any case one of the best studios of Hollywood. It acquired ABC network along with its broadcasting television and radio stations. Walt