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Nerdist News, Nerdist
Nerdist Industries, LLC (also simply known as Nerdist) is part of the digital division of Legendary Entertainment. Nerdist Industries was founded as a sole podcast (ID10T with Chris Hardwick, The Nerdist Podcast) created by Chris Hardwick but later spread to include a network of podcasts, a premium content YouTube channel, a news division (Nerdist News), and a television version of the original podcast produced by and aired on BBC America. History Nerdist Industries was formed in February 2012 after Hardwick and Peter Levin (GeekChicDaily) merged their separate entertainment projects into Nerdist Industries, after which GeekChicDaily was rebranded Nerdist News. The newly formed company began to produce additional podcasts under the Nerdist Industries banner as well as producing content and webshows for its Nerdist YouTube channel. In July 2012, Nerdist Industries was acquired by Legendary Entertainment. It was announced that Nerdist Industries would operate independently with Hardw ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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