Introduction
The Walt Disney Company, commonly known as Disney (/ˈdɪzni/ DIZ-nee), 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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The stage show debuted July 31, 1997, in Minneapolis, Minnesota, at the Orpheum Theatre, and was an instant and tremendous success before moving permanently to the New Amsterdam Theater on Broadway in New York, New York, that October. The show debuted in London's Lyceum Theatre in 1999 and is still running, and another production opened in Toronto, playing there until January 2004. On June 13, 2006, the Broadway production moved to the Minskoff Theatre to make way for the musical version of Mary Poppins.
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Oliver Martin Johnston, Jr. (October 31, 1912 – April 14, 2008) was an American motion picture animator. He was one of Disney's Nine Old Men, and the last surviving at the time of his death. He was recognized by The Walt Disney Company with its Disney Legend Award in 1989. His work was recognized with the National Medal of Arts in 2005.
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Did you know (auto-generated)
- ... that Encanto's Mirabel is the first Disney heroine to wear glasses?
- ... that Disney once created a political advertisement for Dwight D. Eisenhower (featured)?
- ... 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 some TikTokers make videos about whether to smash or pass Disney characters?
- ... that, for the Space 220 Restaurant, Disney reached out to NASA engineers to understand what a space elevator might look like?
- ... 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?
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More Did you know...
- ...that Joyce Carlson, designer of the Disney theme park attraction "It's a Small World", was the first female employee to achieve a fifty-year service record with Disney?
- ...that the Phineas and Ferb season two premiere was the most watched cable telecast on Friday, March 13, 2009?
- ...that Disneyland has only ever had three unscheduled closures: In 1963 due to President Kennedy's Assassination; In August 1970 due to an invasion by Yippies and September 11, 2001.
- ...that in May 1992, entertainment magazine The Hollywood Reporter reported that about 25% of Euro Disney's workforce — approximately 3,000 men and women — had resigned their jobs because of unacceptable working conditions.
- ... 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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