Disney owns
- Walt Disney Studios
- Buena Vista Home Entertainment
- Walt Disney Motion Pictures Group:
- Touchstone Pictures
- Pixar Animation Studios
- Lucasfilm
- ESPN
- ABC Entertainment Group
- Marvel Entertainment
- Disney Music Group
Global conglomerates can at times have a progressive impact on culture, especially when they enter nations that had been tightly controlled by corrupt crony media systems (as in much of Latin America) or nations that had significant state censorship over media (as in parts of Asia). The global commercial-media system is radical in that it will respect no tradition or custom, on balance, if it stands in the way of profits. But ultimately it is politically conservative, because the media giants are significant beneficiaries of the current social structure around the world, and any upheaval in property or social relations—particularly to the extent that it reduces the power of business—is not in their interest.
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