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The Walt Disney Company is a diversified worldwide entertainment company with operations in four major business segments: Studio Entertainment, Parks and Resorts, Media Networks and Consumer Products. The Company's Strategic Sourcing and Procurement organization works with all our Business Units and their Suppliers across the globe to establish the best value for The Walt Disney Company.
Disney views supplier diversity as a strategic imperative and a critical part of our overall commitment to diversity and inclusion. Over the last few years, a steadily increasing number of minority and womenowned companies has won more and more business from Disney and we're now recognized as a travel and entertainment industry leader in this area. Today, supplier diversity considerations are woven into all phases of our standard sourcing process for the billions of dollars in products and services that Disney contracts globally every year.