Companies Acquired by Disney – Webtekno

Walt Disney Company, It is known as an entertainment and media company founded in America on October 16, 1923. Walt Disney And Roy O. Disney Founded by , the company has been operating in many fields such as animation, amusement parks, television, film and music since its establishment.

The reason why Disney has been so known for years and has maintained its dominance in so many areas it covers is acquisition of various companies there is.

Walt Disney’s acquisitions contributed greatly to making the company known all over the world. To the Disney universe You may be a little surprised when you see the companies entering, because there are names we never expected.

America’s most popular broadcast network: ABC (American Bradcasting Company)

A B C, It is America’s best-known television broadcast network. Founded in 1943, ABC a large television program offers a range. The company, which hosts news, entertainment, sports events and many other publications, began to expand to a large area a few years after its establishment.

Walt Disney took advantage of this growth while he was still alive. Decision to merge with ABC gave. However, in 1954, ABC invested $500,000 and an additional $4.5 million in Disneyland. one third of Disneyland he bought.

Exactly six years later, Disney purchased all of ABC’s investments for $7.5 million. The bond between the two companies became so strong that Disney bought ABC. in 1995 bought it and then officially announced it in 1996.

One of the first names that comes to mind when it comes to sports broadcasting: ESPN (Entertainment and Sports Programming Network).

ESPN, whose broadcasting rights belonged to ABC after Disney bought ABC, a share of 80% He moved to Disney. The remaining 20% ​​is Hearst Communications It belongs to the news-oriented publishing company named.

Additionally, Disney acquired ABC. ABC Radio, A&E, The History Channel And Lifetime He owned percentage shares of many ABC companies, including.

A long road from comics to the big screen: Marvel

Another of Disney’s big acquisitions is Marvel Studios happened. Demir Adam And Incredible Hulk After its release, the company set its sights on Marvel in 2009 and bought it for $4 billion, a huge amount of money at that time.

Of course, not only Marvel Studios, the company also almost all your characters He also became a property owner. X-Men, whose rights belong to Fox, was later acquired by Marvel.

The birthplace of the Star Wars legend: Lucasfilm

owned by Disney House of Mouse, owned by George Lucas He bought Lucasfilm again in 2012 for 4 billion dollars. he bought. At that time, many people were surprised and excited by this purchase. Because the Star Wars and Indiana Jones universes would continue to be published within Disney.

During the company’s acquisition process Star Wars Episode VII: The Force Awakens The development of the project was continuing and fans were frankly surprised. Because this acquisition came as a completely unexpected step from the company.

Even when you see the image, the famous generic music plays: 21st Century Fox

Disney continued to amaze people with its acquisitions. This time, one of America’s largest broadcasting companies Acquired 21st Century Fox and the company’s entertainment department in December 2017 to $71.3 billion he bought.

This acquisition was completed in 2019, and thanks to 21st Century Fox’s projects, Disney Disney+ started to lay the foundations of its platform. He then wanted to buy Fox’s related media libraries and Rupert Murdoch, the company’s CEO signed an agreement with.

Disney naturally at that time 20th Century Fox, 20th Century Fox Television Productions departments known by their names, Fox Television Animation, Fox 2000, Fox Searchlight And FX also incorporated it. Of course, as we entered the new century, the name changed and instead of “20st” “21st” He started using the phrase.

The company could not stand still, and then on Hulu 30% and at National Geographic Partners Bought 73% shares. This is actually the main reason why we see various nature documentaries on Disney +.

Record company that works with famous names such as Selena Gomez, Miley Cyrus and Demi Lovato: Hollywood Records

Hollywood Records The record company was founded by Disney in 1989, but the reason we mention this company in our content is Disney’s effort to further expand its own companies through repurchases.

World famous music group All music rights of Queen He bought it for 10 million dollars. This purchase was a bit risky because at that time the lead singer of the band freddie mercury He died of AIDS, which exposed the company to potential criticism.

But Disney, thanks to Queen between 1991 and 1995 $94 million revenue managed to get it.

Other companies owned by Disney are as follows:

• Touchstone Pictures
• The History Channel (50% owned by Hearst Corporation)
• Lifetime (50% owned by Hearst Corporation)
• Vice Media (10% share)
• Core Publishing

They say that the wealth of the rich makes the mouth of the poor tired. Disney has also made a significant contribution to the companies it has acquired, expanded within its own structure, and owned shares of. continues to grow. We will see together whether he will make a purchase again in the future.