The Walt Disney Company

American multinational mass media company
(Redirected from Disney)

The Walt Disney Company, commonly nicknamed Disney, is one of the largest entertainment and media companies in the world. Disney is known for Mickey Mouse, Winnie the Pooh, Snow White and the Seven Dwarfs, Cinderella, The Little Mermaid, The Lion King, Mary Poppins, Frozen, Aladdin, Lilo and Stitch, Toy Story and Cars. The studio is famous for cartoons, movies, television programs and shorts. It was started in 1923 by Walt Disney and his brother, Roy Oliver Disney, as the Disney Brothers Cartoon Studio.[3] It had the name of Laugh-O-Gram Studio from 1921 to 1923, Disney Brothers Cartoon Studio from 1923 to 1926, Walt Disney Studio from 1926 to 1929, and Walt Disney Productions from 1929 to 1985.

The Walt Disney Company
  • Disney Brothers Studio
  • Walt Disney Studio
  • Walt Disney Productions
PredecessorsLaugh-O-Gram Studio
FoundedOctober 16, 1923; 100 years ago (1923-10-16)
HeadquartersTeam Disney Building, Walt Disney Studios, ,
Area served
Key people
  • Susan Arnold
  • Bob Iger
    (CEO), John Nallen COO, Viet Dinh CLO, Steve Tomsic CFO, previously 20th Century Fox (now part of Disney) Stacey Snider CEO, John Gelke VP Global Operations, J Young SVP Growth, Gerard Devan Group Executive APAC, Stephanie Gruber Group Executive Television, Christopher Greavu Vice President of Sales.
RevenueIncrease US$82.722 billion (2022)
Increase US$12.121 billion (2022)
Increase US$3.145 billion (2022)
Total assetsIncrease US$203.631 billion (2022)
Total equityIncrease US$98.879 billion (2022)
Number of employees
c. 220,000 (2022)
Footnotes / references

Some of Disney best-known franchises include Mickey Mouse, Winnie the Pooh, Snow White and the Seven Dwarfs, Cinderella, The Little Mermaid, The Lion King, Aladdin, Mary Poppins, Frozen, Lilo and Stitch, Pinocchio, Dumbo, Bambi, Pirates of the Caribbean, Toy Story, Cars and other Disney and Pixar characters.

Mickey Mouse has been the mascot of Disney since 1928.

The current chairman and CEO is Bob Iger since 2022.

Divisions change

The company's main units are Studio Entertainment, Parks and Resorts, Media Networks and Consumer Products.

Studio Entertainment change

This unit, also called the Walt Disney Studios, is headed by Chairman Dick Cook. It consists of:

One of the Studios' largest assets lies in Walt Disney Animation Studios, which has made a successful string of animated movies for almost seven decades. Because of failures with most of their recent additions, it has changed its focus from traditional hand-drawn to CGI movies. Pixar, also owned by Disney, is one of the first studios to create CGI movies. Since 2009, Disney has bought three movie studios: Marvel Comics, Lucasfilm and 20th Century Studios.

On March 20, 2019, The Walt Disney Company bought 21st Century Fox for $52.4 billion USD.[4]

Parks and Resorts change

Worldwide, Disney has eleven theme parks (as of December 2023):

Disney once owned the sports teams, the Angels (baseball) and the Mighty Ducks (ice hockey), both based in Anaheim, California. These teams were later sold to other people.

Disney Enterprises Inc. change

Disney Enterprises Inc. is a subsidiary of the company; the name is found in many of its franchises.

Media Networks change

The ABC television network, which Disney bought in 1995, serves as the center of this unit. Cable television channels within it include Disney Channel, Disney XD, Freeform, ESPN and SOAPnet. It also partly owns Lifetime, A&E and E!.

Buena Vista Television, responsible for the syndication of many Disney series, produces some of its own as well: Who Wants to Be a Millionaire, Live with Regis and Kelly, and Ebert & Roeper.

Consumer Products change

Merchandising and licensing within the company are overseen in this division. Disney Publishing Worldwide, part of this unit, has Disney Press, Disney Editions and Hyperion Books as its brands.

It once owned the Disney Store shopping chain until 2004, when it sold all the stores to The Children's Place.

History change

Disney+ change

Related pages change

References change

  1. "Walt Disney". Fortune. Archived from the original on July 30, 2022. Retrieved July 30, 2022.
  2. Gibson, Kate (June 24, 2022). "Disney among slew of U.S. companies promising to cover abortion travel costs". CBS News. Archived from the original on July 14, 2022. Retrieved July 29, 2022.
  3. "Roy Disney, nephew of Walt Disney, dies at 79". Retrieved 2009-12-16.[permanent dead link]
  4. "Disney Acquired Fox And The Results Could Be Huge". BookMyShow. 15 December 2017. Archived from the original on 23 October 2020.

Other websites change