PRODUCTS, TARGET MARKET AND MARKETING CHANNELS
The Walt Disney Company and its subsidiaries forms one of the most diversified worldwide entertainment company in the world, with operations in five different areas:
1. Media Networks: this sector includes cable and broadcast television networks, television production operations and distribution, domestic and international television stations and radio operations. The cable networks include the ESPN, a channel that present many types of sports, the Disney Channels, channels that target children and teenagers, and ABC Family, a network that have teenagers and adults as target market. The Company also have operations in the Hungama and UTV/ Bindass cable channels in India. This huge diversification in their media networks provide then the opportunity to reach many people that already are clients or have the potential to become clients of the Disney products, as an example of the diversity that the Disney network can act, we can highlight: ESPN, that present a high variety of sport entertainment and have a target market of people of 15 years and older, the Disney channels, that includes more of one-hundred channels available in thirty four languages and have presence in 163 countries, has as a target market kids ages 2 to 14, and the ABC Family, that produces original live-action programming and have a audience of people ages 14 to 34 age. These are just a few examples of the huge flexibility that the Walt Disney Company have to
Disney/ABC Television Group is an integral part of the Walt Disney Company 's Media Networks line of business segment. The Media Networks segment comprises an array of broadcast, cable, radio, publishing and digital businesses across two divisions – the Disney/ABC Television Group and ESPN Inc. (The Walt Disney Company, 2015). The television properties include the ABC Television Network, ABC Owned Television Stations Group, ABC Entertainment Group, Disney Channels Worldwide, ABC Family as well as Disney/ABC Domestic Television and Disney Media Distribution
One of these media giants is the Walt Disney Company (Disney). Its dramatic growth from a small company to become an oligopolist in the media industry offers an interesting
The Disney consumer product ,the Disney studio and Disney interactive. It’s globally known consumer brand are Disney, ABC, Pixar, Marvel, ESPN and Lucas films, the media network contains domestic broadcast, production, their station, cable networks, publishing and digital operations. The global entertainment and television properties comes from it’s ABC television group, it also has television station and publishing and radio businesses.ABC creates programming and other benefits for all other businesses. Disney organizational structure has historically designed to carve the creativity and innovation into different platforms. It does not follow formal organizational chart as most companies do. Every department has equal footing and the structure is providing a creative process for Disney’s
The media network component of Disney Corporation includes broadcast and cable television networks, television production operations, television distribution, domestic television stations and radio networks and stations. Some notable cable network businesses include ESPN, Disney Channels Worldwide, ABC Family, and SOAPnet. Disney’s broadcasting business includes a domestic broadcast network, television production and distribution operations and eight owned domestic television stations.
Disney is a company that was developed from a small cartoon studio to a huge billion-dollar household name. It is almost guaranteed you’ve heard of them by name or one of their many assets such as ESPN, ABC, or Marvel Studios. In this portfolio, I’ll be going over Disney’s corporate locations, their employee code of conduct, operating principles, and several other aspects that make the Walt Disney Company what it is today.
About the Walt Disney Company. Together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. With an average of $43 billion dollars in annual sales, Walt Disney offers investors the benefits of a blue-chip company by being capable of a market-beating growth with estimated earnings well above the overall market growth rate.
The Walt Disney Company is the world’s largest media conglomerate. The company has the ability to be a successful conglomerate due to its Board of Directors, content theme of quality, as well as customer ordination in all its operating segments. The company has television holdings in ABC and ten other broadcasting stations, as well as cable networks including; ABC Family, A&E (37%), and ESPN (80%).
Introduction The Walt Disney Company is an American diversified multinational mass media corporation. It is the largest media conglomerate in the world in terms of revenue. It generated US$ 42.278 billion in 2012. Disney was founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and travel. The Walt Disney Company operates as five primary units and segments: The Walt Disney Studios or Studio Entertainment, which includes the company's film, recording label, and theatrical divisions; Parks and Resorts, featuring the company's theme
Audience. It may appear that Disney’s target audience is primarily children, but with its vast assets Disney’s products reach the full spectrum of audiences from preschoolers to adults. Disney products include television programs, books, magazines, musical recordings and movies (David, 2013). Disney Channels Worldwide is comprised of 94 kid and family entertainment channels available in 169 countries (David, 2013) ABC Family is a mixture of TV series and movies targeted towards young adults and families. SOAPnet owns character driven “soapy drama” from daytime and primetime soaps to reality shows and movies, targeted at women and adults. Hyperion publishes fiction and nonfiction titles for adults (David, 2013). Radio Disney is available in more than 40 U.S. markets and on satellite radio, mobile apps and the web (David, 2013). Disney’s Consumer Products segment includes worldwide licenses, manufacturers and retailers who design and sell a variety of products based on Disney characters. These products include character merchandise and publications licensing, books, magazines and the Disney Store (Hellman, 2013). The impact of having this diversified group of outlets is shown by its large earning shares.
According to Robert Iger, CEO of The Walt Disney Company, Disney’s corporate strategy for diversification is a combination of three objectives that are to be achieved through the fundamental alignment of the Company’s core business units. The three objectives to be achieved by The Walt Disney Company are (1) creating high-quality family content, (2) exploiting technological innovations to make entertainment experiences more memorable, and (3) expanding internationally. The Walt Disney Company’s three objectives that make up the Company’s corporate strategy are to be achieved through each of the Company’s core business units that are split up in to five divisions (1) media networks, (2) parks and resorts, (3) studio entertainment, (4) consumer product, and (5) interactive media.
The Walt Disney Company is considered to be one of the most active family entertainment companies in the world. Primarily Disney became known as an animated film company and a cartoon creator. Later, the company expanded its range of activities into other markets through the Disney stores and theme parks around the world. The Walt Disney Company’s key objective is to be the world’s premier family entertainment company through the ongoing development of its powerful brand and character franchises.
The networks segment of Disney includes national broadcast television, television production and distribution, domestic television stations, international and local cable networks, domestic broadcast radio networks and stations and publishing and digital operations. Television Disney/ABC Group encompasses Disney 's global entertainment and news television Properties owned television stations group, and radio and publishing businesses. Disney/ABC channels, and creates programming and the advantages of franchising to all businesses of Disney. Television stations group, ABC operates more than 220 affiliated stations and the ABC 's group of television channels owned ten television stations, six of which are in
The Walt Disney Company, also known as Disney, is a multinational mass media and entertainment conglomerate. The history of Disney dates back all the way back to 1923. The main character of this company is a mouse, Mickey Mouse. Disney is the world’s largest media conglomerate, its assets include movies, television, publishing,
Of the four business units that make up The Walt Disney Company (Disney), the Media Networks unit is by far the largest with revenues accounting for about 43% of total company revenues in 2016 (Appendix C) (MERGENT Online). This segment is made up of cable networks like ESPN and Freeform, broadcasting networks, and all the technology and assets that go into producing content for these networks (MERGENT Online). Through it’s media networks division, Disney aims to provide family-friendly entertainment options to households across the world through television and radio networks. Because the cost to watch Disney’s channels is essentially the same as the cost to watch a competitor’s channel, competitors in this industry must compete on differentiation to attract viewers. This value proposition and strategy helps to focus the segment’s value chain and its efforts to capture value. The value chain (Appendix A), seems to suggest Disney’s brand, technologies, and recruitment capabilities are driving the segment towards its 24.86% margin (MERGENT Online).
The Walt Disney Company is a leading diversified international family entertainment and media enterprise. At the same time, Disney also is one of the most famous names in the animation industry for providing entertainment directed to adults and children. Walt Disney was founded by Walter Elias Disney in year 1946. Nowadays, the company almost dominates the whole industry with its international theme parks and a world-class animation studio and business franchise. There are five primary business segments in Disney Company, which are media networks, parks and resorts, studio entertainment, consumer products and interactive media.