The Walt Disney Company
Founded in 1923, the Walt Disney Company, commonly known as Disney, is a diversified multinational mass media and entertainment conglomerate. It is notably involved in film studios through Walt Disney Studios and 21st Century Fox. Other main divisions include Walt Disney parks, experiences and consumer products, Disney Media Networks which owns and operates cable television networks (ABC broadcast network, Disney Channel, ESPN, A&E Networks and Freeform) and the new Disney+ video-on-demand service, notably launched to develop new ways to monetize the company's content and compete against Netflix, and other VOD services.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.