Institutions

i have learnt that institutions are companies that own many different companies they set the rules for their companies where as a journalist would share the same set of values as its newspaper. I have also learnt that as the global pattern of ownerships change so does the concept of institution as the new owner may have different values to the past.

the worlds biggest comglomerate is Walt disney, Disney owns the most companies in the world the list is endless but some of them are Miramax films, The discovery Channel, ABC, ESPN, History channel touchstone pictures Disney interactive Studios, Hollywood Records Radio and also 25% of GMTV. As Disney is seen as a family show, it prefers not to let the audiences of some of its shows know they own it as people may not watch because of disneys family values. Also as Walt Disney stands for family values many of its products must reflect this.