Joint venture in the context of "Telespazio"

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⭐ Core Definition: Joint venture

A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly an emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.

Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such a partnership can also be called a joint venture where the parties are co-venturers.

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Joint venture in the context of Conglomerate (company)

A conglomerate (/kəŋˈɡlɒmərət/) is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries. A conglomerate usually is a parent company that owns and controls many subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.

Conglomerates are common in many countries and sectors, such as media, banking, energy, mining, manufacturing, retail, defense, and transportation. This type of organization aims to achieve economies of scale, market power, risk diversification, and financial synergy. However, they also face challenges such as complexity, bureaucracy, agency problems, and regulation.

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Joint venture in the context of Strategic partnership

A strategic partnership (also see strategic alliance) is a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Strategic partnerships can take on various forms from shake hand agreements, contractual cooperation's all the way to equity alliances, either the formation of a joint venture or cross-holdings in each other.

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Joint venture in the context of Port Authority of New York and New Jersey

The Port Authority of New York and New Jersey, (PANYNJ; stylized, in logo since 2020, as Port Authority NY NJ) is a joint venture between the U.S. states of New York and New Jersey, established in 1921 through an interstate compact authorized by the United States Congress. The Port Authority oversees much of the regional transportation infrastructure, including bridges, tunnels, airports, and seaports, within the geographical jurisdiction of the Port of New York and New Jersey. This 1,500-square-mile (3,900 km) port district is generally encompassed within a 25-mile (40 km) radius of the Statue of Liberty National Monument. The Port Authority is headquartered at 4 World Trade Center in Lower Manhattan.

The Port Authority operates the Port Newark–Elizabeth Marine Terminal, which consistently ranks among the largest ports in the United States by tonnage handled, and the largest on the Eastern Seaboard. The Port Authority also operates six bi-state crossings: three connecting New Jersey with Manhattan, and three connecting New Jersey with Staten Island. The Port Authority Bus Terminal and the PATH rail system are also run by the Port Authority, as well as LaGuardia Airport, John F. Kennedy International Airport, Newark Liberty International Airport, Teterboro Airport, and Stewart International Airport. The agency has its own 2,100 member Port Authority Police Department.

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Joint venture in the context of Co-production (media)

A co-production is a joint venture between two or more different production companies for the purpose of film production, television production, video game development, and so on. In the case of an international co-production, production companies from different countries (typically two to three) are working together.

Co-production also refers to the way services are produced by their users, in some parts or entirely.

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Joint venture in the context of Antenna farm

An antenna farm, satellite dish farm or dish farm is an area dedicated to television or radio telecommunications transmitting or receiving antenna equipment, such as C, Ku or Ka band satellite dish antennas, UHF/VHF/AM/FM transmitter towers or mobile cell towers. The history of the term "antenna farm" is uncertain, but it dates to at least the 1950s.

In telecom circles, any area with more than three antennas could be referred to as an antenna farm. In the case of an AM broadcasting station (mediumwave and longwave, occasionally shortwave), the multiple mast radiators may all be part of an antenna system for a single station, while for VHF and UHF the site may be under joint management. Alternatively, a single tower with many separate antennas is often called a "candelabra tower".

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Joint venture in the context of Thales Alenia Space

Thales Alenia Space (/ˈθɑːlɛz/) is a European spaceflight services joint venture between the French technology corporation Thales Group (67%) and Italian defense conglomerate Leonardo (33%). It forms one half of the Space Alliance along with Telespazio which is also owned by Leonardo (67%) and Thales (33%).

It provides space-based systems, including satellites and ground segments, used for telecommunications, navigation, earth observation, space exploration and scientific purposes. The company is a major industrial participant in the International Space Station (ISS), having produced numerous pressurized modules including the Cupola, the Harmony and Tranquility nodes, the Columbus laboratory and for the Cygnus cargo spacecraft. It is a key contributor to Galileo, a European global satellite navigation system, being responsible for the ground segment in particular. In 2021, the company was also awarded a contract by the European Space Agency (ESA) and the European Commission to build 6 of the 12 new Galileo Second Generation satellites. The company is also an important industrial partner towards development of the Lunar Gateway.

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Joint venture in the context of Hulu

Hulu (/ˈhl/, HOO-loo) is an American subscription streaming media service owned by Disney Streaming, a subsidiary of the Disney Entertainment segment of the Walt Disney Company. It is one of the most-subscribed video on demand streaming media services, with 64.1 million paid memberships. Its headquarters are located in Los Angeles, California, with offices in Santa Monica, California (the former West Coast bureau for HBO), New York City, and Seattle, Washington. Hulu was launched on October 29, 2007, initially as a joint venture between News Corporation and NBC Universal; Providence Equity, Disney, and Time Warner later made investments in the service.

Hulu originally served as an aggregator, streaming recent episodes of programs from the companies' television networks (including ABC, NBC, and Fox). In 2010, Hulu launched a subscription service, initially branded as "Hulu Plus," which featured full seasons of programs from the companies and other partners, and access to new episodes immediately after their airing. In 2016, Hulu syndicated its free library to Yahoo in order to focus exclusively on Hulu Plus. In 2017, the company launched "Hulu + Live TV"—a superset of Hulu Plus also offering access to broadcast and cable television channels.

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Joint venture in the context of Verizon Wireless

Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into the divisions Verizon Consumer and Verizon Business, and stopped using the Verizon Wireless name. Verizon is the largest wireless carrier in the United States, with 146.1 million subscribers as of September 30, 2025. It has the largest network in the United States with their LTE network covering 2.68 million sq. miles of the United States.

The company is headquartered in Basking Ridge, New Jersey. It was founded by Verizon Wireless in April 4, 2000 as a joint venture of American telecommunications firm Bell Atlantic Corporation, which would soon become Verizon Communications, and British multinational telecommunications company Vodafone. Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company.

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Joint venture in the context of Scholz & Friends

Scholz & Friends is one of Europe's largest advertising agencies. The company was founded in Hamburg by Jürgen Scholz, Uwe Lang and Michael Menzel in 1981. Today, the company has dual headquarters in Hamburg-HafenCity and Berlin-Mitte. Scholz & Friends started a joint venture with Commarco which was acquired by the WPP Group in 2011.

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