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Disney Hyperion
Disney Publishing Worldwide (DPW), formerly known as The Disney Publishing Group and Buena Vista Publishing Group, is the publishing subsidiary of Disney Parks, Experiences and Products, a subsidiary of The Walt Disney Company. Its imprints include Disney Editions, Disney Press, Kingswell, Freeform, and Hyperion Books for Children. It has creative centers in Glendale, California, Glendale, California, and in Milan, Italy. History In 1990, Disney Consumer Products discontinued its license for ''Topolino'', an Italian Mickey Mouse magazine. This led Michael Lynton, the Disney Consumer Products business development director, to start up its own Magazine Group with the similarly outlaid ''Disney Adventures''. Through Walt Disney Publications, Inc., Disney Publishing launched Disney Comics (publishing), Disney Comics in the United States. That same year, Disney began publishing ''Disney Adventures''. In 1991, Disney Publishing purchased ''Discover (magazine), Discover'' magazine from F ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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