The Walt Disney Company

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The Walt Disney Company logo

The Walt Disney Company, commonly nicknamed Disney, is one of the largest entertainment and media companies in the world. This studio is famous for their family 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 Walt Disney Productions from 1937 to 1985.

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

The current chairman and CEO is Bob Iger since 2005.

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 Feature Animation, 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. Recently, Disney has acquired 20th Century Fox, Fox Searchlight Pictures and Blue Sky Studios, a big movie production studio, as well as other assets of 21st Century Fox, for $52 billion USD.[2]

Parks and Resorts[change | change source]

Worldwide, Disney has eleven theme parks (as of October 2019):

Disney once owned the sports teams, the Angels (baseball) and the Mighty Ducks (ice hockey), both based in Anaheim, California. They are now the property of other people.

Media Networks[change | change source]

The ABC television network, which Disney bought in 1996, serves as the centre of this unit. Cable television channels within it include Disney Channel, Toon Disney, ABC Family, 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. Jim Henson's Muppets have taken its place since then.

Acquisition of Fox[change | change source]

  • In November 6, 2017 – Disney tries to buy Fox.
  • In December 14, 2017 – Disney buys Fox for 52.4 billion US dollars, distributed studio of Fox owned by Disney.
  • In January 11, 2019 – Disney decided to sell Fox between February to March 2019.

History[change | change source]

Disney held talks assets purchase bought to buy Fox[change | change source]

  • In November 6th 2017 – Disney held talks assets purchase bought to buying Fox for 52.4 billion dollars.
  • Theatrical and home media of 20th Century Fox to Walt Disney Studios Home Entertainment.

Related pages[change | change source]

References[change | change source]

  1. "Roy Disney, nephew of Walt Disney, dies at 79". Retrieved 2009-12-16.
  2. "Disney Acquired Fox And The Results Could Be Huge". BookMyShow. 15 December 2017.

Other websites[change | change source]