The Walt Disney Company - Wikipedia, the free encyclopedia. The Walt Disney Company. Public. Traded as. NYSE: DISDow Jones Industrial Average Component. S& P 5. 00 Component. Industry. Mass media.
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Entertainment. Predecessors. Laugh- O- Gram Studio. Founded. October 1. Los Angeles, California, United States[1]Founders.
Walt Disney. Roy O. Disney. Headquarters. South Buena Vista Street,Burbank, California, United States. Coordinates. 34°0. N1. 18°1. 9′3.
W / 3. 4. 1. N 1. 18. 3. 25. 18. W / 3. 4. 1. 56. Coordinates: 3. 4°0. N1. 18°1. 9′3. W / 3. 4. 1.
N 1. 18. 3. 25. 18. W / 3. 4. 1. 56. Area served. Worldwide. Key people. Robert A. Iger (Chairman and CEO)Products. Cable television, publishing, films, music, video games, theme parks, broadcasting, radio, web portals.
Services. Licensing. Revenue. US$5. 2. US$1. 4. 6. 8 billion (2.
US$8. 3. 8 billion (2. Total assets. US$8. Total equity. US$4.
Number of employees. Divisions. Subsidiaries.
Websitethewaltdisneycompany. The Walt Disney Company, commonly known as Disney, is an American diversified[2]: 1multinationalmass media and entertainment conglomerate headquartered at the Walt Disney Studios in Burbank, California. It is the world's second largest media conglomerate in terms of revenue, after Comcast.[4] Disney was founded on October 1. Walt Disney and Roy O. Disney as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live- action film production, television, and theme parks. The company also operated under the names The Walt Disney Studio, then Walt Disney Productions.
Taking on its current name in 1. In addition, Disney has since created corporate divisions in order to market more mature content than is typically associated with its flagship family- oriented brands. The company is best known for the products of its film studio, Walt Disney Studios, which is today one of the largest and best- known studios in American cinema. Disney's other three main divisions are Walt Disney Parks and Resorts, Disney Media Networks, and Disney Consumer Products and Interactive Media.[5] Disney also owns and operates the ABC broadcast television network; cable television networks such as Disney Channel, ESPN, A+E Networks, and Freeform; publishing, merchandising, music, and theatre divisions; and owns and licenses 1.
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The company has been a component of the Dow Jones Industrial Average since May 6, 1. Mickey Mouse, an early and well- known cartoon creation of the company, is a primary symbol and mascot for Disney. Corporate history. The building in the Los Angeles neighborhood of Los Feliz which was home to the studio from 1. The silent era. In early 1. Kansas City, Missouri, animator Walt Disney created a short film entitled Alice's Wonderland, which featured child actress Virginia Davis interacting with animated characters. After the bankruptcy in 1.
Laugh- O- Gram Studios,[Ch. WDC 1] Disney moved to Hollywood to join his brother, Roy O.
Disney. Film distributor Margaret J. Winkler of M. J. Winkler Productions contacted Disney with plans to distribute a whole series of Alice Comedies purchased for $1,5. Disney as a production partner. Walt and Roy Disney formed Disney Brothers Cartoon Studio that same year. More animated films followed after Alice.[7] In January 1. Disney studio on Hyperion Street, the Disney Brothers Studio's name was changed to the Walt Disney Studio.[Ch. WDC 2]After the demise of the Alice comedies, Disney developed an all- cartoon series starring his first original character, Oswald the Lucky Rabbit,[7] which was distributed by Winkler Pictures through Universal Pictures.[Ch.
WDC 2] The distributor owned Oswald, so Disney only made a few hundred dollars.[7] Disney completed 2. Oswald shorts before losing the contract in February 1. Winkler's husband Charles Mintz took over their distribution company. After failing to take over the Disney Studio, Mintz hired away four of Disney's primary animators (the exception being Ub Iwerks) to start his own animation studio, Snappy Comedies.[Ch.
WDC 3]1. 92. 8–3. Mickey Mouse and Silly Symphonies. Original poster for Flowers and Trees (1. In 1. 92. 8, 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 (Disney's wife, Lillian, disliked the sound of 'Mortimer Mouse') and starred in several Disney produced films. Ub Iwerks refined Disney's initial design of Mickey Mouse.[7] Disney's first sound film Steamboat Willie, a cartoon starring Mickey, was released on November 1. Ch. WDC 3] through Pat Powers' distribution company.[7] It was the first Mickey Mouse sound cartoon released, but the third to be created, behind Plane Crazy and The Gallopin' Gaucho.[Ch.
WDC 3]Steamboat Willie was an immediate smash hit, and its initial success was attributed not just to Mickey's appeal as a character, but to the fact that it was the first cartoon to feature synchronized sound.[7] Disney used Pat Powers' Cinephone system, created by Powers using Lee De Forest's Phonofilm system.[Ch. WDC 3]Steamboat Willie premiered at B. S. Moss's Colony Theater in New York City, now The Broadway Theatre.[8] Disney's Plane Crazy and The Galloping Gaucho were then retrofitted with synchronized sound tracks and re- released successfully in 1.
Ch. WDC 3]Disney continued to produce cartoons with Mickey Mouse and other characters,[7] and began the Silly Symphonies series with Columbia Pictures signing on as Symphonies distributor in August 1. In September 1. 92. Harry Woodin requested permission to start a Mickey Mouse Club which Walt approved.
In November, test comics strips were sent to King Features, who requested additional samples to show to the publisher, William Randolph Hearst. On December 1. 6, the Walt Disney Studios partnership was reorganized as a corporation with the name of Walt Disney Productions, Limited with a merchandising division, Walt Disney Enterprises, and two subsidiaries, Disney Film Recording Company, Limited and Liled Realty and Investment Company for real estate holdings. Walt and his wife held 6.
Roy owned 4. 0% of WD Productions. On December 3. 0, King Features signed its first newspaper, New York Mirror, to publish the Mickey Mouse comic strip with Walt's permission.[Ch. WDC 4]In 1. 93. 2, Disney signed an exclusive contract with Technicolor (through the end of 1. Flowers and Trees (1.
Disney released cartoons through Powers' Celebrity Pictures (1. Columbia Pictures (1. United Artists (1. The popularity of the Mickey Mouse series allowed Disney to plan for his first feature- length animation.[7]The feature film, Walt Before Mickey based on the book by Diane Disney Miller featured these moments in the studio's history.[1. Snow White and the Seven Dwarfs and World War IIDeciding to push the boundaries of animation even further, Disney began production of his first feature- length animated film in 1.
Taking three years to complete, Snow White and the Seven Dwarfs, premiered in December 1. Snow White was released through RKO Radio Pictures, which had assumed distribution of Disney's product in July 1. Ch. WDC 5] after United Artists attempted to attain future television rights to the Disney shorts.[1. Using the profits from Snow White, Disney financed the construction of a new 5. Burbank, California. The new Walt Disney Studios, in which the company is headquartered to this day, was completed and open for business by the end of 1.
Ch. WDC 6] The following year on April 2, Walt Disney Productions had its initial public offering.[Ch. WDC 7]The studio continued releasing animated shorts and features, such as Pinocchio (1. Fantasia (1. 94. 0), Dumbo (1. Bambi (1. 94. 2).[7] After World War II began, box- office profits declined. When the United States entered the war after the attack on Pearl Harbor, many of Disney's animators were drafted into the armed forces. The U. S. and Canadian governments commissioned the studio to produce training and propaganda films.
By 1. 94. 2, 9. 0% of its 5. Films such as the feature Victory Through Air Power and the short Education for Death (both 1. Even the studio's characters joined the effort, as Donald Duck appeared in a number of comical propaganda shorts, including the Academy Award- winning Der Fuehrer's Face (1.
Post- War and Television. The original Animation Building at the Walt Disney Studios. With limited staff and little operating capital during and after the war, Disney's feature films during much of the 1.
The Three Caballeros (1. Melody Time (1. 94. At the same time, the studio began producing live- action films and documentaries. Song of the South (1. So Dear to My Heart (1.
True- Life Adventures series, which included such films as Seal Island (1. The Vanishing Prairie (1. Eight of the films in the series won Academy Awards.[1. The release of Cinderella in 1. Other releases of the period included Alice in Wonderland (1. Peter Pan (1. 95. Disney's first all- live action feature, Treasure Island (1.
Other early all- live- action Disney films included The Story of Robin Hood and His Merrie Men (1. The Sword and the Rose (1. Leagues Under the Sea (1. Disney ended its distribution contract with RKO in 1.
Buena Vista Distribution.[1. In December 1. 95. Walt Disney Productions and The Coca- Cola Company teamed up for Disney's first venture into television, the NBC television network special An Hour in Wonderland. In October 1. 95. ABC network launched Disney's first regular television series, Disneyland, which would go on to become one of the longest- running primetime series in history.
Disneyland allowed Disney a platform to introduce new projects and broadcast older ones, and ABC became Disney's partner in the financing and development of Disney's next venture, located in the middle of an orange grove near Anaheim, California.
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