Wednesday, 6 October 2021

Conglomerate research

WALT DISNEY: 

In 1923 in a rear of a small office occupied by Holly-Vermont realty in Los Angeles. It was there that Walt Disney and his brother Roy, produced a series of short live-action/animated films collectively called the Alice Comedies. Now as a company that made 16 billion in 2020 having made at least 150 movies, is now headquartered in California, United States. Though that is their home base of where it all started they have over 19,000 employees working in 45 different countries. 

There is not 1 specific person that owns the company as it is a publicly traded company, but the largest shareholder with the company is Vanguard Group inc, who owns 137.8 million shares. The Vanguard Group Inc is an American registered investment advisor based in Pennsylvania with about $7 trillion in global assets under management. While the chairmen of Disney Robert A Iger, who previously worked as president of ABC television. this therefore meant he has connections with the tv industry and connections across the world. now in present day the owner of Disney is Bob Iger, who has built up a net worth of 690 million dollars. This makes him significantly richer than the previous owner of Disney. Therefore they are able to make quality decisions and budget is not an issue for the company. As the company began in 1923, that would be almost 100 years that they have been running. Now being the most dominant and biggest conglomerate in the whole world. 

Looking at their biggest box office successes, Disney have clearly had a mass amount. Their top 5 have been: Avengers end game at 2.7 billion dollars, Star Wars at 2 billion dollars, Avengers Infinity War at 2billion dollars, Lion king at 1.6 billion dollars and finally The Avengers at 1.5 billion dollars. through looking at these highest grossing films, it is extremely visible that Disney is one of the most successful conglomerates and will be for a long time. Their 3 highest gross films of last year was Star Wars: Rise of Skywalker, Onward and Frozen 2. their budgets at 275 million dollars, 200 million and 150 million dollars.

Looking at who Disney works with, Disney studios don't necessarily work with the same specific actors but are known to work with certain types of actors. Which tend to be A list actors that are known by the public eye. This predominantly grabs more attention towards mass audiences if it someone they know and are familiar with. And finally the advantage of a large institution is the fact that they are exposed to so much more and tend to be more established. overall they have much more access to funding, meaning profits and revenue is much higher stereotypically. 




No comments:

Post a Comment

Final sequence

My final sequence