The Walt Disney Company operates in highly competitive markets. The company’s media networks segment competes for viewers with other TV and cable networks, independent TV stations, and other media platforms like various online video service providers and video game developers (“MarketLine Company Profile,” 2021). The increase in the number of networks in public by Multichannel Video Programming Distributors, resulted in greater competitiveness for the company’s advertising revenues that come from broadcasting and cable networks. Moreover, Walt Disney’s theme parks and resorts compete with other forms of entertainment, tourism, and recreational activities. Walt Disney’s game segment competes with other game developers and software companies and other kinds of home entertainment. The company also competes to obtain creative and performing talents, advertising support, and broadcast rights that are crucial for the studio entertainment segment. Moreover, Walt Disney’s licensing, publishing, and retail business competes with other licensors, publishers, and retailers of character, brand, and celebrity names.The company’s competitors include CBS Corporation, DreamWorks Animation SKG, Comcast Corporation, Lions Gate Entertainment, Marriott International, Time Warner, Twenty-First Century Fox, and Viacom (“MarketLine Company Profile,” 2021).