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The Wonderful World of Disney: Media Consolidation or Destruction of Democracy

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Bryan Lupp

on 10 December 2012

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Transcript of The Wonderful World of Disney: Media Consolidation or Destruction of Democracy

The Wonderful World of Disney: Media Consolidation or Destruction of Democracy Walt Disney Company History and Critiques Lucasfilm Ltd Marvel Comics ABC Incorporated Pixar Studios •The Walt Disney Company was founded in 1923 by Walt Disney and his brother Roy.
•Robert A. Igler is currently the president and CEO of the company
•Disney is worth about 40.9 billion dollars
•They currently own the Anaheim Mighty Ducks hockey team, and have partial ownership of the Anaheim Angels baseball team. •Disney acquired Lucasfilm on October 26th 2012.
•Under the terms of the acquisition, Disney now owns the Star Wars and Indiana Jones franchises, along with the Industrial Lights and Magic (ILM) Company.
•Disney bought Lucasfilm Ltd for 4.05 billion dollars.
•Shortly after the announcement of the deal, Disney announced that they would be releasing Episode VII in 2015. •Disney acquired ABC Inc. on July 31st 1995.
•ABC Incorporated was purchased at that time for 19 million dollars.
•This deal gave Disney ownership of ABC Family; SOAPnet Networks; A&E; Lifetime Television; the History Channel; Lifetime Movie Network; the Biography Channel; History International; Lifetime Real Women; and Live Well Network. The Acquisition of ABC Incorporated also included the Partial ownership of the ESPN networks •Disney acquired Marvel Comics for 4 Billion dollars in a deal that was announced on August 31st 2009.
•The purchase of Marvel included the rights to the entire Marvel Universe of comic books and characters.
•This purchase has resulted in many very successful movies such as Iron Man, Captain America: The First Avenger, and The Avengers. •The second largest acquisition that Disney has made in the past 20 years was the purchase of Pixar Studios.
•Pixar is an animated movie company that was owned by Apple owner Steve Jobs prior to being bought by Disney.
•Disney Acquired Pixar on January 25th 2006 for 7.4 billion dollars.
•As part of the deal, Steve Jobs became a member of the Disney board of executives. Sources http://www.freepress.net/ownership/chart

http://thewaltdisneycompany.com/disney-news/press-releases/2012/10/disney-acquire-lucasfilm-ltd

http://articles.latimes.com/2009/sep/23/business/fi-ct-marvel23

http://money.cnn.com/2006/01/24/news/companies/disney_pixar_deal/

http://en.wikipedia.org/wiki/Timeline_of_The_Walt_Disney_Company

http://www.economist.com/node/14376422

http://www.nytimes.com/1995/08/01/business/media-business-merger-walt-disney-acquire-abc-19-billion-deal-build-giant-for.html?pagewanted=all&src=pm

http://stateofthemedia.org/media-ownership/company-profile/?mediaid=2&id=2

http://www.globalissues.org/article/159/media-conglomerates-mergers-concentration-of-ownership#Disney

http://www.foxnews.com/entertainment/2012/10/30/disney-buying-tar-wars-maker-lucasfilm-for-405b/

http://en.wikipedia.org/wiki/List_of_highest-grossing_animated_films We'll go into the history of how Disney achieved a media monopoly
Then, we'll discuss a few things that could potentially make Disney's monopoly bad
Finally, we'll discuss if this really is an issue to worry about Why This Could be Bad Why We Don't Think It Will be Bad Disney’s made 11 of the top 25 highest grossing animated movies of all time
They are very popular with almost all children world-wide
They reach children through many different ways from kids-meal toys to theme parks
Disney has a track record of including gender and racial stereotyping and adult oriented content in it's movies
With Disney’s monopoly on children’s media, they could potentially taint kid’s minds with these false stereotypes or "adult" content on an even bigger scale
Disney could also potentially take away from other children’s and animated media companies and take complete control of the market. Disney has been around for about a decade shy of a century now, and not a single generation has actually been tainted by its message. Yes, sometimes there are things in the movies that are more geared towards adults, but that is only to give the adults something to be entertained by too; and honestly, kids don’t understand any of the “adult” content anyway. As far as the stereotypes go, Disney has been moving farther and farther away from those in recent years. For instance, the new movie "Brave" stars a female character who, instead of being a damsel in distress, does most of the adventuring and fighting.

As far as completely controlling the children’s and animated media industry goes, that is pretty much impossible. There will always be other companies making great animated children’s movies. Dreamworks, Universal, 20th Century Fox, and Paramount have made amazing movies within the last decade.
It's doubtful anything will really change with all of these companies being bought by Disney. Except for the continuation of the Star Wars series of course. Made by: Bryan Lupp and Brian Zak
Music by: Bryan Lupp
Full transcript