Wednesday, September 12, 2018

Response to Conglomeration Discussion



Disney is something I am personally passionate about. I personally like how each of its subsets are synergized. However, that does not mean every little corner and crevice of the company is as bright and shiny as it is made out to be. The Walt Disney Company is one of the largest conglomerates in America, but what exactly is a conglomerate? Mr. Miller’s journalism class taught me that a conglomerate is when one company (usually an already successful company) essentially absorbs another company, or buys another company.
I guarantee you Disney owns a company you might think of as independent. This exponentially successful company owns Touchstone Pictures (Dead Poets Society, The Waterboy, etc.) , ABC, Marvel, Lucasfilm (Star Wars), Pixar, Hollywood Records, eighty percent of ESPN, fifty percent of The History Channel, etc. This bit of information sounds overwhelming.
You might think that Disney sounds like some sort of monopoly. You are not wrong. Disney is a vertical monopoly. However, this is legal in the United States. This means that Disney owns something in each part of the communication process. While to some this may sound slightly frightening. I personally do not have much of a problem with it. In my opinion, Disney strives for purely good intentions, and is simply extremely successful. Everything they do is to benefit the people, and make money in the process. However, to make money they have to please the people in some way, meaning that this is most likely their primary goal.
Other companies similar to Disney, such as Microsoft, strive for similar goals. In fact I believe most companies begin with good intentions. It is when the sole power source is corrupted, that the companies’ ideals become warped with twisted premeditation. To contradict what I have previously said, you cannot necessarily judge a business without thorough investigation, whether you judge something lightly or harshly. You can, however, merely have an opinion on a matter.

-Guinn

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