The Walt Disney Juggernaut
Walt Disney probably didn’t
think his company would one day become the home of an unbelievable number of subsidiaries
and synergies. The Walt Disney Company has ownership of three movie-making juggernauts
with LucasFilm, Pixar and Marvel Entertainment along with a plethora of television
networks from ABC to ESPN. Marvel Entertainment has produced some of the
highest grossing movies in the history of the box office in the past ten years
since they began their Marvel Cinematic Universe and ABC is home to some of the
most popular shows on TV such as the hit sitcom, “Modern Family”.
Disney has subsidiaries that
fit well together by appealing to a similar audience. Marvel Entertainment
makes superhero movies based off comic books and LucasFilm is responsible for
the Star Wars film series. Both properties deal appeal to fans of fantasy and
action/adventure and both have succeeded in gaining a mass audience greatly in
recent years especially. This leads to synergies between LucasFilm and Disney
owned networks such as ESPN which is profitable for both. For example, the last
Monday Night Football game featured the world premiere of the new trailer for
the upcoming “Star Wars: The Last Jedi” during halftime. This potential brings
in Star Wars fan to watch the football game as well as allows LucasFilm to advertise
their upcoming film on national television.
Overall, the synergy
within the Walt Disney Company is mostly positive as Disney is sitting pretty
atop a pile of money from their overload of properties that appeal to various
mass audiences. Walt Disney certainly couldn’t not have imagined the overwhelming
force his dream would forge into and nor could anyone else; this company is
unbeatable.
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