Thursday, October 30, 2008

Mapping out who owns what...

Sony corporation first came about in New York City. If you haven't already been aware, sony is the leading manufacturer of audio, electronic, video, communication and information technology in the world. This corportation in the near ending year of 2008 made an outstanding amount in sales, with a whopping 88.7 BILLION DOLLARS. Not bad for a comany that has 991 million additional companies to support their production. Sony has holdings in film, television, music (record companies like So So Def records) and as far out as clothing and accessories.

When thinking of corporations in the 21st century, I personally think using a metephore such as; like a family uinit, one that works together to reach a common end, is completeley true. Everyone wants a family to be sucessful, but in the end I also dont agree that a family works to be successful so that all of the thanks, gratitude and wealth goes to the head of the family. Which is what happens in the corporation world. Sony has holding in a variety of the entertainment world solely so that they make a profit off of them. Most of the time they do not change anything that is going on in the company.

If anything they offer advertisements and so on for that company. These ads that are produced by Sony make a profit for both companies, but in the end most of the credit goes to the top corporation involved, which in this case would be Sony. Personally I think it is scarey to see that only a few corporations that have an ever bigger impact on media than Sony, for example Disney, have a huge amount of holdings in the media world. For a more insightful look as to just how much media companies own visit the site listed below.



http://www.cjr.org/resources/



Citation

Ted Asocks, corporate fact sheet, August 2008, Sony electronics inc., October 30, 2008 http://www.sony.com/SCA/corporate.shtml

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