The Walt Disney Company

From Simple English Wikipedia, the free encyclopedia

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 universe and Donald Duck universe. This studio is famous for including cartoons, movies, TV and short movies. It was started in 1923 by Walt Disney and his brother, Roy Oliver Disney, as the Disney Brothers Cartoon Studio.[1] 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 Australia The Walt Disney Company EMEA {{Infobox company | name = The Walt Disney Company | logo = The Walt Disney Company Logo.svg | type = Public | ISIN = US2546871060 | image = Walt Disney Studios Alameda Entrance.jpg | image_size = 250px | image_caption = The Walt Disney Studios corporate headquarters in Burbank, California, 2016

| traded_as =

| industry =

| predecessor = Laugh-O-Gram Studio | founded = October 16, 1923; 99 years ago (1923-10-16)

| former_name =

  • Disney Brothers Studio
  • Walt Disney Studio
  • Walt Disney Productions

| founders =

| hq_location = Team Disney Building, Walt Disney Studios | hq_location_city = Burbank, California | hq_location_country = U.S. | area_served = Worldwide

| key_people =

| products = {{Plainlist|


| services =

| revenue = Increase US$67.418 billion | revenue_year = 2021 | operating_income = Decrease US$7.766 billion | income_year = 2021 | net_income = Increase US$93.011 billion | equity_year = 2021

| owners =

| num_employees = 190,000 | num_employees_year = 2021

| divisions =

| subsid =

| website =,%20,%20 | footnotes = [3] }}

Some of Disney's best-known franchises include the Mickey Mouse universe, Donald Duck universe, Winnie the Pooh, Snow White and the Seven Dwarfs, Cinderella, The Little Mermaid, The Lion King, Mary Poppins, The Nightmare Before Christmas, Aladdin, Lilo and Stitch, 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 Chapek since 2020.

Divisions[change | change source]

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

Studio Entertainment[change | change source]

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 Fox.

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

Parks and Resorts[change | change source]

Worldwide, Disney has eleven theme parks (as of December 2022):

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 | change source]

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

Media Networks[change | change source]

The ABC television network, which Disney bought in 1995, serves as the centre 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 | change source]

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 | change source]

Disney+[change | change source]

Related pages[change | change source]

References[change | change source]

  1. "Roy Disney, nephew of Walt Disney, dies at 79". Retrieved 2009-12-16.[permanent dead link]
  2. "2021 Proxy Statement – Revised" (PDF). The Walt Disney Company. Archived (PDF) from the original on January 30, 2021. Retrieved January 30, 2021.
  3. "The Walt Disney Company 10-K Nov. 21, 2018 5:05 PM". Seeking Alpha. Archived from the original on May 3, 2019. Retrieved November 27, 2018.
  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 | change source]