Disney's vast entertainment portfolio includes not only theme parks, but also major television networks like ABC and ESPN, as well as various other companies such as Marvel, Lucasfilm, and 20th Century Fox.
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Compare that to some of Disney's rivals: Comcast's stock is up more than 18% this year, and Warner Bros. Discovery, which owns CNN, is up 22%.
To sum it all, DC is the flagship unit of DC Ent., a subsidiary of Warner Brothers, and a subsidiary of AT&T. Although Disney does not own DC per se, this didn't stop Disney Channel from creating their versions of Superman and Batman.
Disney Founded Steamboat Ventures in 2000We invest in early through growth stage companies that are pursuing opportunities at the intersection of technology, media, and consumer sectors. Over 10 years ago, Steamboat Ventures became a leading investor in GoPro, the sports camera maker, before GoPro went public.
Disney's Shanghai resort isn't actually owned by Disney. It's a joint venture with a state-owned enterprise — i.e., the CCP. The split? The CCP owns 57%, Disney just 43%.