Tuesday, May 08, 2007

ABC (Disney-owned) Confirms its Worthlessness



Disney is an example of media expansion. Founded first as movie production and theme park company, Disney now publishes books, magazines, and financial and medical services information. Disney owns ABC network with 10 television stations and 66 radio stations in the United States.

Partnering with Hearst Corporation and General Electric (GE,) Disney invests in 12 cable stations, 13 broadcast channels outside the USA, and Disney is part owner of German, French, Spanish, Scandinavian, and Japanese television stations.

Disney owns film companies; Buena Vista, Touchstone, Walt Disney, Hollywood Pictures, Caravan Pictures, Miramax Films.

Disney is a financial partner with Sid R. Bass in crude petroleum and natural gas production.

Along with its own internet portal, Disney owns ABC.com, Oscar.com, Mr. Showbiz, all Disney related sites, Family.com, ESPN.com, NBA.com, NASCAR.com, and toysmart.com.

Interactive games and music for Disney come through Buena Vista Music Group, Hollywood Records, Lyric Street Records, Mammoth Records, and Walt Disney Records.

Disney also owns Anaheim Sports Inc. and the Mighty Ducks of Anaheim; 15 resorts and theme parks, and is a partial investor with TiVo.

DISNEY / ABC / CAP (donated 640 thousand to GW's 2000 campaign)
Television Holdings:
* ABC: includes 10 stations, 24% of US households.
* ABC Network News: Prime Time Live, Nightline, 20/20, Good Morning America.
* ESPN, Lifetime Television (50%), as well as minority holdings in A&E, History Channel and E!
* Disney Channel/Disney Television, Touchtone Television.
Media Holdings:
* Miramax, Touchtone Pictures.
* Magazines: Jane, Los Angeles Magazine, W, Discover.
* 3 music labels, 11 major local newspapers.
* Hyperion book publishers.
* Infoseek Internet search engine (43%).
Other Holdings:
* Sid R. Bass (major shares) crude oil and gas.
* All Disney Theme Parks, Walt Disney Cruise Lines.

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