Walt Disney Acquires ABC

Walt Disney is a diversified worldwide entertainment company. Walt Disney operates in five business segments. These include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes international and domestic cable television networks, a domestic broadcast television network, television production operations, domestic and international television distribution, domestic television stations, domestic broadcast radio networks and stations, and publishing and digital operations. Walt Disney's Parks and Resorts segment owns, operates, or has in interest in theme parks, hotels, a cruise line and other properties in the US and Asia. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. The Consumer Products segment designs, develops, publishes, promotes and sells a wide variety of products based on existing and new characters and other Company intellectual property. The Interactive segment creates and delivers branded entertainment and lifestyle content across interactive media platforms. Walt Disney was founded in 1923 and is based in Burbank, California.

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