Top Walt Disney Competitors & Similar Companies
The Walt Disney Company which is commonly known as Disney is a multinational mass media and entertainment organization that has headquarter in Burbank, California. In terms of revenue, it is one of the largest media company, and it offers toys, media, streaming services like Disney+, resorts etc. Founded by two brothers Walt Disney and Ray O Disney in Oct 1923 as an animation company, it has diversified its work into theme parks, television and live action film production.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Quick Glance:
Below we look at the top 7 competitors of Walt Disney.
1. Sony:
Sony Corporation is a Japan based multinational group of companies bases in Tokyo. Sony was set up as an electronics store by Masaru Ibuka. It went to produce the first tape recorder.
2. Comcast:
Comcast corporation is the giant in global media, which was founded by Ralph Roberts in 1963. It is an American global telecommunications company and the biggest in the world in the domain of broadcasting and cable television in terms of revenue. Also Comcast is the second largest Pay-Tv company in the world.
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3. Netflix:
Netflix was founded in August 1997 in Scotts Valley, California by Reed Hastings and Marc Randolph. It has headquarters in Los Gatos, California, USA and it is one of the leading video-on-demand streaming services with more than 200 million subscribers. Its initial model included selling of DVD and rental by mail.
4. Amazon:
Having started its journey as online book seller, Amazon.com now can be called as global giant in online retail business. The founder of Amazon.com, Jeff Bezos attracted towards growth of internet reach in early 1990s and started this business in Seattle in 1995. Amazon is now a fortune five hundred company offering ecommerce, Prime Video, Amazon Music, AWS, Amazon Pay etc.
5. Warner Bros:
Warner Bros is a division of Time Warner and headquartered in Burbank, California. It is a member of MPAA [Motion Picture Association of America]. The founders were Harry Warner, Albert Warner, Sam Warner and Jack L Warner and the company name was originated based on names of founding brothers.
6. Time Warner Cable:
Time Warner Cable is an American cable and internet company. Time Warner Cable was purchased by Charter Communications in May 18 2016. Time Warner Cable operates in 29 states in the US.
7. 21st Century Fox:
21st Century Fox, Inc is a globally celebrated name in the media industry. Earlier the company was famous as News Corporation. The company is one of the big-names of the world’s leading entertainment firms.
To conclude, the above article highlights the various competitors which compete with Walt Disney. This understanding helps to evaluate the various external business factors for any company.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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