The Walt Disney Company is a diversified entertainment company that participates in the following business segments: Media Networks Disney ABC Television Group ABC Entertainment Group ABC News ABC Owned Television Stations ABC Family Disney Channels Worldwide ESPN Freeform FX Hyperion 20th Century Fox Film & TV Studios Parks & Resorts $20.30 Parks & Resorts The Walt Disney Company Disneyland Walt Disney World Tokyo Disney Disneyland Paris Hong Kong Disneyland Shanghai Disney Resort Disney Cruise Line Walt Disney Company Revenue by Business Segment, 2018 ($ Billion) Studio Entertainme $10.00 Meda Networks $24.50 Studio Entertainment Walt Disney Studios Motion Pictures Marvel Studios Lucas Film Touchstone Disney Nature Walt Disney Animation Studios Pixar Disney Music Group Disney Theatrical Group Consumer Products & Interactive Media Parts & Resorts $4.47 Disney Consumer Products Disney Publishing Worldwide Disney Store Disney Interactive Media Disney Interactive Games Disney + ESPN + Hulu Walt Disney Company Net Income by Business Segment, 2018 ($ Billion) Studio Entertainme mt $2.98 Networks 56.63 Comment on Disney's diversification strategy. Why do you think Disney diversified and what was it hoping to accomplish? Was Disney's strategy mainly related or unrelated diversification? Do you think the company succeeded in achieving economies of scope or economies of scale? Why? Overall, do you think the diversification strategy was a success?