{"iri":"http://lmss.sali.org/Rt2AOEEvMbhpF3f4NlujBU","id":"Rt2AOEEvMbhpF3f4NlujBU","label":"Subsidiary","definition":"A Subsidiary is a company that is owned or controlled by another company, known as the parent company or holding company. The parent company holds a controlling interest in the subsidiary, typically through ownership of more than 50% of its voting stock, allowing it to influence the subsidiary's management and operations.","prefLabels":[],"altLabels":["Affiliate","Controlled Company","Daughter Company","Subordinate Entity"],"examples":["Audi AG: A subsidiary of Volkswagen Group, specializing in luxury automobiles.","Instagram, LLC: A subsidiary of Meta Platforms, Inc., focusing on photo and video sharing.","Warner Bros. Entertainment Inc.: A subsidiary of Warner Bros. Discovery, engaged in the film and entertainment industry.","YouTube, LLC: A subsidiary of Alphabet Inc., operating as a video-sharing platform."],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R7L5eLIzH0CpOUE74uJvSjL","label":"Legal Entity"},"parents":[{"iri":"http://lmss.sali.org/RCua1MtzwNcjfYov8VFcoV3","id":"RCua1MtzwNcjfYov8VFcoV3","label":"Business Entity Characteristics"}],"children":[],"relations":[],"url":"https://lmss.io/tag/Rt2AOEEvMbhpF3f4NlujBU/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}