National Geographic

National Geographic Partners, LLC is a joint venture between the Walt Disney Company (which owns 73% of the company) and the namesake non-profit scientific organization National Geographic Society (which owns 27%). The company oversees all commercial activities related to the Society, including magazine publications and television channels. The company’s board of managers is evenly divided between the Society and Disney.
The enterprise was originally established by 21st Century Fox and the National Geographic Society. Following the completion of Disney’s acquisition of 21st Century Fox on March 20, 2019, Disney assumed 21CF’s 73% share in the joint venture.