Berkshire Hathaway, a conglomerate holding company in Nebraska, owns many other companies, called subsidiaries. The subsidiaries included within Berkshire Hathaway Vary greatly from one another, including businesses/products of insurance, clothing, building products, flight services, retail, and most importantly: media.
The Ownership Map that follows, includes the information given from this website here.
– General Re
– Union Underwear Corp
– Fruit of the Loom
– Russel Corporation
– Brooks Sports
– H.H. Brown Shoe Group
– Justin Brands
Building/Building Product Companies
– Acme Building Brands
– Benjamin Moore $ Co.
– Johns Manville
– Shaw Industries
Flight Service Companies
– FlightSafety International Inc.
– Nebraska Furniture Mart * home furnishing
– RC Willey Home Furnishing * home furnishing
– Jordan’s Furniture Inc. * home furnishing
– Ben Bridge Jewelers
– Helzberg Diamonds * jewelry chain
– The Pampered Chef * kitchen tools
– Sees Candies * chocolate retail
– Dairy Queen * food, snacks, dessert, beverage
– Buffalo Evening News— Broadcast Television & Print Media
-Buffalo Courier-Express— Print Media
-Omaha World- Herald— Print Media
– 63 Newspapers from Media General Inc.— Print Media
-Richmond Times Dispatch— Print Media
-Winston-Salem Journal— Print Media
– The Eagle *Texas Daily— Print Media
– Waco Tribune Herald * Texas Daily— Print Media
– Tulsa World— Print Media
– Greensboro— Print Media
– Roanoke Times— Print Media
After the research I have done I came to the conclusion that all in all, Berkshire Hathaway has a large variety of subsidiary companies. Within the Media most importantly, the abundance of subsidiaries include Print Media from all over the Country. My opinion on all of the print media, refers me back to the idea of media being able to be influential. Therefore, Berkshire Hathaway may have a lot of power over the readers who buy the print media they own, if they wanted it at least. In respects to synergy, Berkshire Hathaway often used its subsidiary companies to then create their own minor company in the same industry. Additionally, I believe Berkshire Hathaway represents horizontal integration because they specific and single-representations of product or media in each of the industries it has subsidiary companies.
Last, but not least, I recognized only a few subsidiary companies of Berkshire Hathaway’s. For one, I found it interesting that Berkshire Hathaway owns GEICO, an insurance company that everyone knows the commercials to because of the Gecko “mascot” present. Dairy Queen was also a surprising company to see because I did not expect that it as a common chain, would be owned by a large conglomerate firm like Berkshire Hathaway.
** All information came from the links provided: Wikipedia & The Berkshire Hathaway.