Introduction
The Walt Disney Company 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. In 1928, Disney established itself as a leader in the animation industry with the short film Steamboat Willie. The film used synchronized sound to become the first post-produced sound cartoon, and popularized Mickey Mouse, who became Disney's mascot and corporate icon.
After becoming a major success by the early 1940s, Disney 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 CEO, who led a reversal of the company's decline through a combination of international theme park expansion and the highly successful Disney Renaissance period of animation in the 1990s. In 2005, under new CEO Bob Iger, the company continued to expand into a major entertainment conglomerate with the acquisitions of Marvel Studios, Lucasfilm, and 20th Century Studios. 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 television 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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At $70 million, Roger Rabbit was one of the most expensive films to date at the time of its release. The film proved a sound investment, earning over $150 million during its original theatrical release. The film is notable for offering a unique chance to see many cartoon characters from different studios interacting in a single film and for being one of the last appearances by voice artists Mel Blanc and Mae Questel from animation's Golden Era. In addition, Who Framed Roger Rabbit won four Oscars at the 61st Academy Awards ceremony in 1989.
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An entrance to Walt Disney Studios complex in Burbank, California
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Did you know (auto-generated)
- ... that vaccine coverage at schools around the Disneyland Resort was too low for herd immunity when measles broke out in 2014?
- ... 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?
- ... that before Foster City was built on Brewer Island, unsuccessful proposals included a hog farm, two military air bases, two civilian airports, and an entertainment complex larger than Disneyland?
- ... that John Oliver dared Disney to sue him over his version of Mickey Mouse?
- ... that some TikTokers make videos about whether to smash or pass Disney characters?
- ... that in response to Disney's stance on Florida's House Bill 1557, also known as the "Don't Say Gay" bill, Pixar employees stated that Disney removes LGBT references from the studio's films?
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More Did you know...
- ...that for scenes in the Phineas and Ferb episode "Jerk De Soleil" where the character Candace had a deep voice, co-creator Dan Povenmire had to step in for the normal voice actress?
- ...that Michael Eisner credited research economist Harrison Price with being "as much responsible for the success of the Walt Disney Co. as anybody except Walt Disney himself"?
- ...that Sleeping Beauty Castle at Disneyland was inspired by the Neuschwanstein Castle in Southern Germany.
- ...that there is something called a Hidden Mickey, a hidden silhouette of Mickey's ears inserted into many Disney feature films?
- ... that the most valuable cartoon movie poster was a poster for the Walt Disney short, Alice's Day at the Sea (USA 1924), was sold in London England at $36534.00 in 1994.
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