Media Conglomerate Paper

Lauren Melton
Gary Guffey
Business and Reporting
10/15/2019
Media Conglomerate Paper

As the Walt Disney Company increases in rates and revenue, there is no question that it
has surpassed its potential if not have already reached. The Walt Disney Company is one of the
world's number one leading producers of entertainers revolving around internet, music,
recreation,publishing, and film.
The original intent was to be a premium channel that catered to children and teenagers
during the day and families in the evening but now expands out to other media realms such as
ESPN, ABC Family, Touchstone pictures, Hollywood Channel and 27 other radio stations.
With revenue topping $42 billion and profits of over $5.5 million, Disney comes in at second
amongst our list of biggest media conglomerates.Disney also has a 50% stake in the A&E
Networks. Walt Disney’s main goal focuses on being “an honorable company that delivers
comfort to those in need and inspiration and opportunity to those who want to improve their
world.” The company's primary financial goals are to maximize earnings and cash flow, and to
allocate capital toward growth initiatives that will drive long-term shareholder value.
The Telecommunications Act of 1966 The Telecommunications Act of 1996 (1996 Act)
replaced the regulatory framework of a monopoly era with a radical deregulatory approach that
promised new consumer benefits through competitive market forces. This new competition has
never arrived, in large part because politicians, regulators, and antitrust officials have allowed the
telephone and cable companies to kill it. Because of this, consumers are faced with few choices
and high prices for many telecommunications services in today's marketplace. After passage of
the 1996 Act, it was assumed that competition would flourish among telecommunications
companies. Since the 1996 Act has failed to produce the vigorous, head-to-head competition that
was originally promised, policymakers and the industry are engaged in a major effort to redefine
success.
As the First Amendment is set to protect freedom of speech and religion, Walt Disney
Company did not favor what the LA times had to say in an article that was meant to talk about
Disneyland's involvement in its hometown of Anaheim. This did not go well, which forced the
company to restrict all interviews and early screenings for actors. The Disney Company felt the
article was biased from the comment “We’ve invested billions, really, in the children of tourists,
“we’d now like to really turn our investments toward making sure we take care of the children of
Anaheim so they can have that magical life that I think we all want for our kids and families”
made by Moreno.” Though the article was intended to influence the election of city council, it
rubbed Disney wrong. Moreno won the election, but still caused harsh punishment in banning
staff from ABC press sites. Journalist have not taken this easy and have caused Journalists to
boycott of Disney film screenings and reporting events. This act will more than likely lead to a
drop in Disney’s coverage on their upcoming movies.
Eventually, disney removed their ban from advanced screenings and interviewing
because of the backlash and the exercise of freedom of speech.
Walt Disney’s world wide company can be broadcasted in 133 countries in Europe,
Middle East and Africa for 80 years. The Walt Disney Company, together with its subsidiaries
and affiliates, is a leading diversified international family entertainment and media enterprise.and
is dedicated to creating innovative, entertainment experiences for children and families.
Improving labor conditions around the world is a collaborative effort, and we count on the
expertise of external stakeholders to help us achieve our goals. The company works closely with
these stakeholders through participation in various programs and initiatives, and through our
Supply Chain Investment Program which funds innovative and impactful projects that seek to
create scalable, long-term improvements in working conditions and the empowerment of
workers. The Disney brand is experienced in a number of ways across the region including in
cinemas, on stage, online, via its unique direct-to-consumer digital membership service
DisneyLife, on TV screens with Disney-branded channels and through a wide range of consumer
products that are sold at mass market retailers and in Disney Stores.
In a company statement written on the behalf of disney, states the mass media enterprises
and media groups involved in facilitating the control of the market across the globe.
“Our Media Networks segment generates revenue from Affiliate Fees charged to MVSPs,
advertising revenues from the sale to advertisers of time in programs for commercial
announcements and other revenues which include the sale and distribution of television
programming. Operating expenses include programming and production costs, technical support
costs, distribution costs and operating labor.Our Parks and Resorts segment generates revenue
from the sale of admissions to theme parks, the sale of room nights at hotels, merchandise, food
and beverage sales, sales and rentals of vacation club properties and the sale of cruise vacation
packages. Operating expenses include labor, costs of sales, repairs and maintenance and
entertainment.Our Studio Entertainment segment generates revenue from the distribution of
films in the theatrical, home entertainment and television markets. Operating expenses include
film cost amortization, which consists of production cost amortization,participations and
residuals, costs of sales and distribution expenses. Our Consumer Products segment generates
revenue from licensing characters from our film, television and other properties, publishing
children’s books and magazines and comic books, and operating retail stores, English language
learning centers and internet shopping sites. Operating expenses include costs of goods sold,
distribution, operating labor and retail occupancy costs. Our Interactive Media segment generates
revenue from the development and sale of multi-platform games, online advertising and
sponsorships, subscriptions to and micro transactions for online games, and content and handset
revenue from our Disney-branded mobile phone business in Japan. Certain properties are also
licensed to third-party game publishers. Operating expenses include product development, costs
of goods sold and distribution expenses.”
Historically, the walt disney company’s stock price drops and rises like a rollercoaster.
According to New Bites US, The Walt Disney Company (NYSE:DIS), the NYSE's largest
Broadcasting & entertainment company by market cap, has increased 36.0c (0.3%) from its last
trading session of November 02 to close at $US115.54. Compared with the S&P 500 Index
which rose 15.2 points (0.6%) in the day, the relative price change was -0.2%. The volume was
0.5 times the average daily trading volume of 8.1 million shares. Walt Disney (NYSE:DIS)
institutional shareholder American Century Companies Inc. (CIK:0000748054) sold 118,051
shares in the quarter ended September 30, 2018 worth $US13.8 million at an estimated Volume
Weighted Average Price (VWAP) of USD111.66. At the end of the quarter American Century
Companies Inc. held 3,603,894 shares worth $US402.4 million.
The Walt Disney Company (DIS) NYSE - Nasdaq Real Time Price. Currency in USD
Disney values the input of our many external stakeholders and works closely with a
variety of groups in our ongoing effort to foster safe, inclusive and respectful workplaces.
External stakeholders include non-governmental organizations (NGOs), multi-stakeholder
initiatives (MSIs), labor unions, peer companies, multilateral institutions, government agencies,
socially responsible investors, industry associations and others.
Wall Street will be looking for positivity from DIS as it approaches its next earnings report date.
This is expected to be November 7, 2019. On that day, DIS is projected to report earnings of
$0.95 per share, which would represent a year-over-year decline of 35.81%. Meanwhile, our
latest consensus estimate is calling for revenue of $19.03 billion, up 32.99% from the prior-year
quarter. Investors should also make a note of any recent changes to analyst estimates for DIS.
These revisions help to show the ever-changing nature of near-term business trends.
As a result, positive estimate revisions can be interpreted as a good sign for the
company's business outlook.Walt Disney Company plans on leading diversified international
family entertainment and media enterprise with business segments such as: Media Networks;
Parks, Experiences and Products; Studio Entertainment; and Direct-to-Consumer and
International.
Walt disney describes its audience as diverse and open to all people from all sorts of
backgrounds and has a family orientation. The utmost importance of disney is the proper respect
and care for children.The Walt Disney Company principles hail from renowned global
organizations and industries and welcome a diverse range of knowledge, perspective and
experience to guide and drive long-term value to the company.
APA Citations
Disney Reveals Upcoming Nonfiction Content, Announces Second Season for 'High School
Musical: The Musical: The Series'. (2019, October 21). Retrieved from
https://www.thewaltdisneycompany.com/disney-reveals-upcoming-nonfiction-content-
announces-second-season-for-high-school-musical-the-musical-the-series/
.Polidori, K. (n.d.). What does "media conglomerate" mean for our news consumption?
Retrieved from http://lanthorn.com/64719/opinion/media-conglomerate-column/.Responsible
Business. (n.d.). Retrieved from https://www.thewaltdisneycompany.eu/responsible-
business/#responsible-content.
The walt disney company : Media - company profile, SWOT & financial report. (2014). ().
London: GlobalData plc. Retrieved from Entrepreneurship Database; ProQuest
Central; ProQuest One Academic Retrieved from http://ncat.idm.oclc.org/login?
url=https://search.proquest.com/docview/1553121963? ccountid=12711
DIS Stock Price: Walt Disney Co. Stock Quote (U.S.: NYSE). (n.d.). Retrieved from
https://www.marketwatch.com/investing/stock/dis.

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Lauren Melton

Media Conglomerate Paper

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