# Subsidiary

**IRI:** https://folio.openlegalstandard.org/Rt2AOEEvMbhpF3f4NlujBU

## Labels

**Alternative Labels:**

- Affiliate
- Controlled Company
- Daughter Company
- Subordinate Entity

## 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.

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RCua1MtzwNcjfYov8VFcoV3

## See Also

- https://folio.openlegalstandard.org/R9WYIrIeT3fTYMxfW0xZldF

**Deprecated:** False