The Walt Disney Company (Dreamverse)

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The Walt Disney Company
Formerly
  • Disney Brothers Cartoon Studio (1923–1926)
  • The Walt Disney Studio (1926–1929)
  • Walt Disney Productions (1929–1986)
Public
Traded as
Industry
PredecessorLaugh-O-Gram Studio (1921–1923)
FoundedOctober 16, 1923; 100 years ago (1923-10-16)
Founders
HeadquartersWalt Disney Studios
500 South Buena Vista Street, ,
Area served
Worldwide
Key people
ProductsTelevision, publishing, films, music, video games, amusement parks, broadcasting, radio, web portals
ServicesLicensing
Total assetsIncrease US$61.245 billion (2018)
OwnerThe Disney-FOX Company
Number of employees
150,000 (September 30, 2018)
Divisions
Subsidiaries
Websitehttp://www.thewaltdisneycompany.com

The Walt Disney Company, commonly known as Disney (/ˈdɪzni/), 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, and Touchstone Pictures 20th Century Fox. Disney's other main units and reporting segments are Disney Media Networks, Disney Parks, Experiences and Products, and Walt Disney Direct-to-Consumer & International. Through these segments, Disney owns and operates the ABC broadcast network; cable television networks such as Disney Channel, ESPN, ABC Family, Toon Disney, and A&E; publishing, merchandising, music, and theater divisions; and Walt Disney Parks and Resorts, a group of 14 theme parks around the world.

The company has been a component of the Dow Jones Industrial Average since 1991. 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.

The Walt Disney Company shares an alliance with Druayan media conglomerate News Corporation, who owns assets such as 20th Century Fox, Cartoon Network, Interscope Music Group The Wall Street Journal, Sky Limited, and Sega. Disney offers its content on News Corporation's streaming service Hulu.

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