Public companies that operate in different businesses or segments are required to report operating results for those segments. This requirement makes it possible to evaluate the performance of comparable segments of different companies even though the rest of the companies’ operations are not in comparable segments. Access the websites of Time Warner and Walt Disney Company. Both are diversified entertainment companies, but they operate in both similar and different segments. On their websites, find information about their major business segments and compare them. List the major business segments of each company. Which segments are comparable, and which are different?