The Walt Disney Company

The Walt Disney Company

The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate. The company is known for its film studio division, The Walt Disney Studios, which includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, Searchlight Pictures, and Blue Sky Studios. Disney owns and operates the ABC broadcast network; cable television networks such as Disney Channel, ESPN, Freeform, FX, and National Geographic; publishing, merchandising, music, and theater divisions. It also operates a theme park resort resort in Bali, Indonesia, as well as other resorts in the Philippines, Argentina, Mexico, and South Africa.

About The Walt Disney Company in brief

Summary The Walt Disney CompanyThe Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate. Disney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Cartoon Studio. Since the 1980s, Disney has created and acquired corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands. The company is known for its film studio division, The Walt Disney Studios, which includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, Searchlight Pictures, and Blue Sky Studios. Mickey Mouse, created in 1928 by Walt Disney and Ub Iwerks, is one of the world’s most recognizable characters and serves as the company’s official mascot. Disney owns and operates the ABC broadcast network; cable television networks such as Disney Channel, ESPN, Freeform, FX, and National Geographic; publishing, merchandising, music, and theater divisions; direct-to-consumer streaming services like Disney+, Hulu, ESPN+ and Hotstar; and Disney Parks, Experiences and Products, a group of 14 theme parks, resort hotels, and cruise lines around the world. In August 2020, just under two-thirds of the stock was owned by large financial institutions. Disney trades on the New York Stock Exchange under DIS stock symbol, has been a component of the Dow Jones Industrial Average since 1991, and is a member of the FTSE-100 index of leading European stock markets. It is based in Burbank, California, but has offices in New York City, London, Paris, Madrid, Berlin, and London.

It also operates a theme park resort resort in Bali, Indonesia, as well as other resorts in the Philippines, Argentina, Mexico, and South Africa. It was founded in 1923 by WaltDisney, Roy Disney, and Roy Disney to produce animated films for the U.S. animation industry. Disney’s first sound film Steamboat Willie, a cartoon starring Mickey, was released on November 18, 1928 through Pat Powers’ distribution company. The first Mickey Mouse sound cartoon was released, but the third to be created, behind Plane Crazy and The Gallopin’ Gaucho. Disney continued to produce cartoons with Mickey Mouse and other characters and began the Silly Symphony series with Columbia Pictures signing on in August 1929. The corporation reorganized as a partnership with King Features on December 16, 1929, and began producing Mickey Mouse cartoons. In November 1929, Walt Disney approved the Mickey Mouse Club, which was a partnership between King Features and King Features. In January 1926, with the completion of the Disney studio on Hyperion Street, the name was changed to the Walt Disney Studio. The Disney Brothers Studio’s name was. changed to The WaltDisney Company in January 1926. In March 1928, to recover from the loss of Oswald the Lucky Rabbit, Disney came up with the idea of a mouse character named Mortimer while on a train headed to California, drawing up a few simple drawings. The mouse was later renamed Mickey Mouse and starred in several Disney produced films.