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The Walt Disney Company

The Walt Disney Company
Formerly
  • Disney Brothers Cartoon Studio
    (1923–1926)
  • The Walt Disney Studio
    (1926–1929)
  • Walt Disney Productions
    (1929–1986)
TypePublic
Industry
PredecessorLaugh-O-Gram Studio
FoundedOctober 16, 1923 (1923-10-16)
Founders
HeadquartersTeam Disney Building, Walt Disney Studios, ,
United States
Area served
Worldwide
Key people
ProductsTelevision, publishing, films, music, video games, amusement parks, streaming, broadcasting, radio, web portals
ServicesLicensing
RevenueDecrease US$65.388 billion (2020)
Decrease US$8.108 billion (2020)
DecreaseUS$2.864 billion (2020)
Total assetsIncrease US$201.549 billion (2020)
Total equityDecrease US$88.263 billion (2020)
Number of employees
223,000 (2019)
Divisions
Subsidiaries
Websitethewaltdisneycompany.com Edit this at Wikidata
Footnotes / references
[1][2]

The Walt Disney Company, commonly known as Disney (/ˈdɪzni/),[3] is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.

Disney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Cartoon Studio; it also operated under the names The Walt Disney Studio and Walt Disney Productions before officially changing its name to The Walt Disney Company in 1986. The company established itself as a leader in the American animation industry before diversifying into live-action film production, television, and theme parks.

Since the 1980s, Disney has created and acquired corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands. The company is known for its film studio division, The Walt Disney Studios, which includes Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, Searchlight Pictures, and Blue Sky Studios. Disney's other main business units include divisions in television, broadcasting, streaming media, theme park resorts, consumer products, publishing, and international operations. Through these various segments, Disney owns and operates the ABC broadcast 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+, Hulu, ESPN+ and Hotstar; and Disney Parks, Experiences and Products, a group of 14 theme parks, resort hotels, and cruise lines around the world.[4][5] Cartoon character Mickey Mouse, created in 1928 by Walt Disney and Ub Iwerks, is one of the world's most recognizable characters and serves as the company's official mascot.[citation needed]

The company, which trades on the New York Stock Exchange (NYSE) under DIS stock symbol,[6] has been a component of the Dow Jones Industrial Average since 1991.[citation needed] In August 2020, just under two-thirds of the stock was owned by large financial institutions.[7]

  1. ^ Cite error: The named reference annual 2018 was invoked but never defined (see the help page).
  2. ^ "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.
  3. ^ "Disney, Walt | Definition of Disney, Walt by Lexico". Lexico Dictionaries | English. Archived from the original on October 24, 2019. Retrieved October 24, 2019.
  4. ^ "Parks & Destinations | Walt Disney World Resort". disneyworld.disney.go.com. Archived from the original on February 2, 2017. Retrieved June 15, 2017.
  5. ^ Sylt, Christian. "The Secrets Behind Disney's $2.2 Billion Theme Park Profits". Forbes. Archived from the original on February 15, 2017. Retrieved June 15, 2017.
  6. ^ "Walt Disney Company (The) Common Stock (DIS) - Summary". nasdaq.com. Retrieved August 31, 2020.
  7. ^ "Walt Disney Company (The) Common Stock - DIS Institutional Holdings". nasdaq.com. Retrieved August 31, 2020.

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