Multiple Choice
The Walt Disney Corporation owns about a 40% stake in the History Channel,an 80% stake in ESPN,and a 100% interest in the Disney Channel.Which statement is TRUE?
A) The Walt Disney Corporation has a cross-equity alliance with ESPN and the Disney Channel.
B) The Walt Disney Corporation has two wholly owned affiliates: ESPN and the Disney Channel.
C) The Walt Disney Corporation has an equity alliance with the History Channel, and the Disney Channel is a wholly owned affiliate of the Walt Disney Corporation.
D) The Walt Disney Corporation has a cross-equity alliance with the ESPN, and the Disney Channel is a franchise of the Walt Disney Corporation.
Correct Answer:
Verified
Correct Answer:
Verified
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