
Introduction


The Walt Disney Company, commonly known as Disney (/ˈdɪzni/ DIZ-nee), is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California. Disney was founded on October 16, 1923, by brothers Walt Disney and Roy Disney as Disney Brothers Studio; it also operated under the names Walt Disney Studio and Walt Disney Productions before changing its name to The Walt Disney Company in 1986. Early in its existence, the company established itself as a leader in the animation industry with the short film Steamboat Willie, which used synchronized sound to become the first post-produced sound cartoon and debuted the widely popular character Mickey Mouse, who would go on to become the company's mascot and corporate icon.
After becoming a major success by the early 1940s, the company diversified into live-action films, television, and theme parks in the 1950s. However, following Walt Disney's death in 1966, the company's profits, especially in the animation division, began to decline. In 1984, Disney's shareholders voted Michael Eisner as the head of the company, which led to the decline's reversal and the overwhelmingly successful period known as the Disney Renaissance from 1989 to 1999. In 2005, under new CEO Bob Iger, the company started to expand and acquire other corporations. In 2020, Bob Chapek became the head of Disney after Iger's retirement. However, Chapek was ousted in 2022 and Iger was reinstated as CEO.
The company is known for its film studio division Walt Disney Studios, which includes Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, 20th Century Animation, and Searchlight Pictures. Disney's other main business units include divisions in television, broadcasting, streaming media, theme park resorts, consumer products, publishing, and international operations. Through these divisions, 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 such as Disney+, Star+, ESPN+, Hulu, and Hotstar; and Disney Experiences, which includes several theme parks, resort hotels, and cruise lines around the world. (Full article...)
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Did you know (auto-generated)

- ... that although Pixie Davies has been performing in films since 2012, her breakout role came in Disney's Mary Poppins Returns in 2018?
- ... that Scarlett Johansson filed a lawsuit against The Walt Disney Company alleging that the release strategy for Black Widow breached her contract?
- ... that astrophysicist Neil deGrasse Tyson called out Disney for an inaccurate Frozen II poster?
- ... that, for the Space 220 Restaurant, Disney reached out to NASA engineers to understand what a space elevator might look like?
- ... that John Oliver dared Disney to sue him over his version of Mickey Mouse?
- ... that a revival of the comedy series Lizzie McGuire was ordered in 2019, but canceled mid-production after Disney deemed it not family-friendly enough?
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More Did you know...

- ...that former Disney animator Jack Dunham created the official rooster mascot for St-Hubert, a Canadian BBQ restaurant chain?
- ...that it took 16 years for the pilot episode of Phineas and Ferb to be picked up?
- ...that Walt Disney started sketching Disney Characters in 1908?
- ...that Pirates of the Caribbean: Dead Man's Chest set several records in its first three days, with an opening weekend of $136 million.
- ...that Walt Disney was an ambulance driver during World War One?
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