Conglomerations
Conglomerations
Conglomerations
Disney + Fox
Disney is a company that has throughout time, targeted their work towards children by the means of animation – through this, they have become a successful brand. Walt Disney first
built this in 1923 and over the decades, this company has taken on smaller companies to make itself a conglomerate. Some of these smaller companies consist of: Lucas Films, Pixar, Fox,
Sky, Hulu and many more. With all these under the companies name, they have made a total of $48 billion in revenue.
Time Warner
Time Warner, or now known as WarnerMedia, became the largest media cooperation during the 1990s, gaining a revenue of around $27 billion in that year. Whereas, it could be known
that it stands as an subsidiary to AT&T, meaning that even though it is a successful and well established company on its own, it is part of a greater brand of media. However, Time
Warner itself does hold subsidiaries of its own, some consisting of Warner Brothers, HBO, Turner Broadcasting System, and MORE. Therefore, being an American multinational mass
media and entertainment, it has built a system that now in 2017, has built a revenue of $31.27 billion.
BBC
The BBC is a British service broadcaster that throughout the years has built a successful public image for itself. It is a publically owned company that publishes work through the
means of radio, television and online systems – gaining a revenue of £4.954 billion through the years of 2016/17. It is said to be the largest broadcaster in the world by the
number of employees (standing at 20,916 during 2015/16), this can also consider the concept of its subsidiaries: New, Weather, Radio, Mundo, Worldwide, Scotland and many
more – this is significant to understand because it put into perspective the fundamental place that the BBC has built for itself.
Google
Google is an American multinational technology – it has a primal focus on internet related services, with its search engine being the most popular to use out of all the ones available
in the most recent years. Despite it having a conglomerate company, Alphabet Inc, it too has subsidiaries that too have found a popular public profile within society: Youtube,
Dialongflow, AdMob, Andriod Inc, and countless more. It was founded on 4th September 1998, and over the decades, it has build itself something that the public rely upon. The
google search engine has a monthly rate of 4.5+ billion active users and was officially launched in the 15th September 1997.
Alphabet Inc.
2nd October 2015, the company alphabet was established. It stands as a restructuring of Google and later became the conglomerate of Google and its services. It made a revenue of $110.9
billion during 2017 – and stands as the worlds second largest internet company by revenue. Furthermore, Alphabet Inc, being that of a conglomerate to successful companies such as: Google,
CapitalG, Dropcam, etc. Having these companies under its name, it shows the success that they have developed due to having a count of 89,058 employees by 2018.
Bertelsmann
This company is a German multinational corporation – it is one of the worlds largest mass media companies. It was founded as a publishing house by Carl Bertelsmann in 1835. During
the year of 2017, €17.19 bullion in revenue, although, considering it to be positioned in one of the worlds largest mass media companies, it does have a conglomerate of its higher
status, Bertelsmann Foundation. In couple with this, it does have subsidiaries such as: Arvato, RTL Group, Gruner + Jahr, and many more. This place in the media shows the successful
and well achieved foundation that it has developed, with these large companies under its name it, it expressed how it has grown to become something much more than what it stood for
183 years ago when it was first established.
Facebook
Facebook stand as one of the most popular forms of social media on most recent years. Is has stood as a social networking service since 2004, developed by Mark Zuckerberg
along with fellow Harvard Students. It also holds a status of owning many of todays other social media platforms such as: WhatsApp, Oculus VR, Instagram, and many more! It
gained a revenue of $40,653 million, this expresses is growing success in society today as its revenue during 2014 was $12,466 million – this therefore explicitly demonstrates
how being a conglomerate builds the company to something much more than standing alone.
Comcast
Comcast is an American global telecommucations being host to subsidiaries consisting of: Xfinity, NBC, Universal Pictures, Fandango, E!, DreamWorks and Universal Orlando,
along with countless others. It could be easily inferred that this company is one that has direct influence as to what the media presents due to it having such significant and
successful companies under its name. These subsidiaries have a following community that takes admiration in their work, therefore, it is understandable as to why their
revenue stood at $84.53 billion in 2017. this number also considers the merchandise that each of its subsidiaries sells as their own company. Comcast is the second largest
multichannel video service provider in the US through having a total subscriber count of 22,121,000.
Viacom
Like with some others, Viacom is part of the ‘big 6’ companies that owns media, and has a contribution on its turn out. This company in particular focuses primarily on film and television,
and is also the world ninth largest broadcasting, cable, and media company in terms of revenue – gain that of $13.26 billion during 2017. As of September 2017, it had around 10,750
employees under its company name. It is part of National Amusements subsidiaries, but as a company itself, it has subsidiaries such as Nickelodeon, Paramount Pictures, Comedy Central,
DreamWorks Studios; Amination and Television. Therefore, it is explicit that this company being in connection to other successful branches has a direct impact on the media expressed
around it.
Sony
This company is a Japanese multinational cooperation – it is a diverse business that includes consumer and professional electronics, gaming, entertainment and financial services. It
was founded in 1946, Tokyo, Japan and during 2017 it gained a revenue of $16.38 billion, from its individual subsidiaries that are part of its company due to the distinct products that
it makes. It has many differing elements to its company, such as entertainment, electronics and overall, this would bring in a massive support of money due to its high quality and
valued goods.
All these companies and their subsidiaries have branching connections which develop much larger working businesses. Therefore, this demonstrates how convergence can be found even in the most
successful of brands – in the modern day, the individuality of companies, and them coming together to make something much more, is what has constructed the building blocks for the media, resulting in
future broadcasting to beyond that of today…