The deal also instantly created what was then the largest entertainment conglomerate in the world.
In the fourth season, he sells the business to a large entertainment conglomerate.
His entertainment conglomerate was composed of 92 different business units by 1969.
Far from being an easy target, Disney is an $8.5 billion entertainment conglomerate with financial resources and political clout.
"But they could be built over time into some kind of viable entertainment conglomerate."
He saw, before anyone, that studios were eventually going to be just one piece of entertainment conglomerates.
Magazine's list of America's 500 fastest-growing private companies, and has since grown into an entertainment conglomerate.
However, the new entertainment conglomerate he created had a brief life, before needing a strategic partner.
Some entertainment conglomerates have negotiated separate commercial deals with China.
But running an entertainment conglomerate is different from handling the family liquor business.
