A conglomerate is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are always large and multinational.
- List of Conglomerates
A conglomerate is a combination of multiple business...
Often labelled a trading company or sometimes a shipping...
- United States
During the 1960s, the United States was caught up in a...
- List of Conglomerates
The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes Conglomerate (record label) , a hip hop label founded by Busta Rhymes The Conglomerate (Australian group) , a jazz quartet
- Advantages and Disadvantages of Conglomerates
- Media Conglomerates
- Food Conglomerates
- External Links
The end of the First World War caused a brief economic crisis in Weimar Germany, permitting entrepreneurs to buy businesses at rock-bottom prices. The most successful, Hugo Stinnes, established the most powerful private economic conglomerate in 1920s Europe – Stinnes Enterprises – which embraced sectors as diverse as manufacturing, mining, shipbuilding, hotels, newspapers, and other enterprises. The best known British conglomerate was Hanson plc. It followed a rather different timescale than the U.S. examples mentioned above, as it was founded in 1964 and ceased to be a conglomerate when it split itself into four separate listed companies between 1995 and 1997. In Hong Kong, some of the well-known conglomerates include Jardine Matheson (AD1824), Swire Group (AD1816), (British companies, one Scottish one English; companies that have a history of over 150 years and have business interests that span across four...
1. Diversification results in a reduction of investment risk. A downturn suffered by one subsidiary, for instance, can be counterbalanced by stability, or even expansion, in another division. For example, if Berkshire Hathaway's construction materials business has a good year, the profit might be offset by a bad year in its insurance business. This advantage is enhanced by the fact that the business cycle affects industries in different ways. Financial Conglomerates have very different compli...
1. The extra layers of management increase costs. 2. Accounting disclosure is less useful information, many numbers are disclosed grouped, rather than separately for each business. The complexity of a conglomerate's accounts make them harder for managers, investors and regulators to analyze, and makes it easier for management to hide issues. 3. Conglomerates can trade at a discount to the overall individual value of their businesses because investors can achieve diversification on their own s...
In her 1999 book No Logo, Naomi Klein provides several examples of mergers and acquisitions between media companies designed to create conglomerates for the purposes of creating synergybetween them: 1. Time Warner included several tenuously linked businesses during the 1990s and 2000s, including Internet access, content, film, cable systems and television. Their diverse portfolio of assets allowed for cross-promotion and economies of scale. However, the company has sold or spun off many of these businesses – including Warner Music Group, Warner Books, AOL, Time Warner Cable, and Time Inc.– since 2004. 2. Clear Channel Communications, a public company, at one point owned a variety of TV and radio stations and billboard operations, together with a large number of concert venues across the U.S. and a diverse portfolio of assets in the UK and other countries around the world. The concentration of bargaining power in this one entity allowed it to gain better deals fo...
Similar to other industries there are many companies that can be termed as conglomerates. 1. The Phillip Morris group, which once was the parent company of Altria group, Phillip Morris International, and Kraft Foodshad annual combined turnover of $80 bn. 2. NestléHolland, Max (1989), When the Machine Stopped: A Cautionary Tale from Industrial America, Boston: Harvard Business School Press, ISBN 978-0-87584-208-0, OCLC 246343673.McDonald, Paul and Wasko, Janet (2010), The Contemporary Hollywood Film Industry, Blackwell Publishing Ltd. ISBN 978-1-4051-3388-3
Wikipedia categories named after conglomerate companies of the United States (23 C) Pages in category "Conglomerate companies of the United States" The following 88 pages are in this category, out of 88 total.
A conglomerate is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational.
U. Conglomerate companies of Uganda (4 C, 9 P) Conglomerate companies of Ukraine (6 C, 4 P) Conglomerate companies of the United Arab Emirates (17 P) Conglomerate companies of the United Kingdom (6 C, 21 P) Conglomerate companies of the United States (21 C, 88 P) Conglomerate companies of Uzbekistan (1 P)
Wikipedia categories named after conglomerate companies (65 C) Pages in category "Conglomerate companies" The following 4 pages are in this category, out of 4 total.
- Examples by country
A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as television, radio, publishing, motion pictures, theme parks, or the Internet. According to the magazine The Nation, "Media conglomerates strive for policies that facilitate their control of the markets around the world."
A conglomerate is a large company composed of a number of smaller companies engaged in generally unrelated businesses. Some media conglomerates use their access in multiple areas to share various kinds of content such as: news, video and music, between users. The media sector's tendency to consolidate has caused formerly diversified companies to appear less diverse to prospective investors in comparison with similar companies that are traded publicly and privately. Therefore, the term media grou
Critics have accused the large media conglomerates of dominating the media and using unfair practices. During a protest in November 2007, critics such as Jesse Jackson spoke out against consolidation of the media. This can be seen in the news industry, where corporations refuse to publicize information that would be harmful to their interests. Because some corporations do not publish any material that criticizes them or their interests, media conglomerates have been criticized for limiting free
In the 2021 Forbes Global 2000 list, Comcast was America's largest media conglomerate, in terms of revenue, with ViacomCBS, The Walt Disney Company, & Discovery, Inc. completing the top four. In 1984, fifty independent media companies owned the majority of media interests within the United States. By 2011, 90% of the United States's media was controlled by six media conglomerates: GE/Comcast, News Corp, Disney, Viacom, Time Warner, and CBS. Between 1941 and 1975, several laws that restricted cha
A conglomerate is the term used to describe a large company that consists of seemingly unrelated business sections. This term may also be referred to as a multi-industry company.