Parent Company

It’s a human cloning stamping corporation which produces organic robots that will have babies. OK. Uh...no.

The parent company is essentially the owner, the fiduciary, the legal entity created as a corporation to control the quote “children” unquote companies inside of their broad tent.

What does that mean? Well, what time is it?

(No, Howdy Doody time is in half an hour.)

It’s example time.

Time Warner is the parent company. It’s children are things like:

HBO.

Turner Broadcasting System.

Warner Brothers.

The Walt Disney Corporation is a parent company. Its children are things like:

ESPN.

ABC.

Lucasfilm.

Marvel.

Alphabet is the parent company. Here are its children who come over for Thanksgiving:

Google.

AdSense.

X Labs.

Nexus.

OK. You get it.

The parent is essentially the holding company which owns, controls, manipulates, abuses, and generally f's up its children.

Which is every parent’s primary responsibility.