ShmoopTube

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Finance allah shmoop What is a parent company All right

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Well it's a human cloning stamping corporation which produces organic

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robots that will in fact have live human babies Okay

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no just kidding on that one it's coming someday But

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this is not what it is Ah parent company is

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essentially the owner The fiduciary the legal entity created as

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a corporation to control the quote Children unquote companies inside

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of their broad tent What does that mean Well what

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time is it No How do you do the times

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in half an hour Time warner is the parent company

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Its children are things like hbo turner broadcasting warner brothers

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The walt disney corporation is the parent company of children

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Are things like espn One two three four five six

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seven eight nine or whatever Up to now Abc network

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Lucas film You know star wars marvel alphabet that's the

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parent company here or it's Children who come over for

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thanksgiving and argue with us Google adsense ex labs nexus

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youtube Okay you get it The parent is essentially the

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holding company which owns controls manipulates abuses and generally it's 00:01:19.724 --> [endTime] up it's children which is every parent's primary responsibility

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