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Disney Music Group
Disney Music Group (DMG) is the music recording and publishing arm of Walt Disney Studios, a division of Disney Entertainment, which is owned by The Walt Disney Company. It is located at the studio's headquarters in Burbank, California. The division's subsidiaries consist of two owned record labels—Walt Disney Records and Hollywood Records—along with Disney Music Publishing, the publishing entity that administers the company's music, as well as Disney Concerts. Disney Music's Vevo account on YouTube is currently one of the most-viewed YouTube channels as of June 2023. Background From the founding of The Walt Disney Company in 1923, music has been key to the success of the organization. Both public-domain and original music were used for the initial cartoons, but, since neither Walt Disney nor Roy O. Disney had any music industry experience, the studio had to rely on outside music publishers. In 1928, Walt Disney released the first Mickey Mouse motion picture, ''Steamboat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |