The Walt Disney Company owns Nickelodeon.
Nickelodeon ( often shortened to and known in the United States as Nick ) is an American basic cable and satellite television network launched on December 1 , 1977 , and is owned by Viacom through Viacom Media Networks and based in New York City . The Walt Disney Company , commonly known as Disney , is an American diversified multinational mass media and entertainment conglomerate , headquartered at the Walt Disney Studios in Burbank , California .