The Walt Disney Company operates through four primary business units,
which it calls "business segments": Studio Entertainment, with the
primary business unit The Walt Disney Studios, which includes the company's film, music recording label, and theatrical divisions; Parks and Resorts, featuring the company's theme parks, cruise line, and other travel-related assets; Media Networks, which includes the company's television properties; and Disney Consumer Products and Interactive Media,
which produces toys, clothing, and other merchandising based upon
Disney-owned properties, as well as including Disney's Internet, mobile,
social media, virtual worlds, and computer games operations. Three segments are led by chairmen, but Disney Consumer Products and Interactive Media are currently both led by a president. Marvel Entertainment
is also a direct CEO reporting business, while its financial results
are primarily divided between the Studio Entertainment and Consumer
Products segments.While Maker Studios is split between Studio Entertainment and Media Networks segments.
The company's main entertainment holdings include Walt Disney Studios, Disney Music Group, Disney Theatrical Group, Disney-ABC Television Group, Radio Disney, ESPN Inc., Disney Interactive, Disney Consumer Products, Disney India Ltd., The Muppets Studio, Pixar Animation Studios, Marvel Entertainment, Marvel Studios, UTV Software Communications, Lucasfilm, and Maker Studios.
The company's resorts and diversified related holdings include Walt Disney Parks and Resorts, Disneyland Resort, Walt Disney World Resort, Tokyo Disney Resort, Disneyland Paris, Euro Disney S.C.A., Hong Kong Disneyland Resort, Shanghai Disney Resort, Disney Vacation Club, and Disney Cruise Line.
Disney Media Networks
Disney Media Networks is a business segment and primary unit
of The Walt Disney Company that contains the company's various
television networks, cable channels, associated production and
distribution companies and owned and operated television stations. Media
Networks also manages Disney's interest in its joint venture with Hearst Corporation, A+E Networks and ESPN Inc..
Unlike the four other business segments, it is the only one with two
leaders or "co-chairs": the presidents of ESPN and Disney-ABC Television
Group.Thus, Disney has a total of eight business unit leaders who report to the CEO and COO.
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