The Walt Disney Company facts for kids
The Walt Disney Studios corporate headquarters in Burbank, California
|Founded||October 16, 1923|
|Headquarters||Team Disney Building, Walt Disney Studios,|
|Products||Television, publishing, films, music, video games, amusement parks, streaming, broadcasting, radio, web portals|
|Revenue||US$65.388 billion (2020)|
|US$8.108 billion (2020)|
|−US$2.864 billion (2020)|
|Total assets||US$201.549 billion (2020)|
|Total equity||US$88.263 billion (2020)|
Number of employees
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. It had the name of Walt Disney Productions from 1937 to 1985.
The current chairman and CEO is Bob Chapek since 2020.
- The Buena Vista Motion Pictures Group – movie studios Walt Disney Pictures, Touchstone Pictures and Hollywood Pictures. Also in the group is 20th Century Fox, which Disney bought in March 2019.
- The Buena Vista Music Group – Walt Disney Records, Mammoth Records, Lyric Street Records and Hollywood Records.
- Distribution companies: Buena Vista International and Buena Vista Home Entertainment.
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.
Parks and Resorts
Worldwide, Disney has eleven theme parks (as of January 2022):
- Disneyland Resort in Anaheim, California
- Walt Disney World in Orlando, Florida
- Disneyland Paris in France
- Walt Disney Studios in France
- Tokyo Disneyland in Japan
- Tokyo DisneySea in Japan
- Hong Kong Disneyland Resort
- Shanghai Disneyland Park in China
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!.
- 1923: The Disney Company is founded
- 1925: First appearance of Pegleg Pete cartoons, Alice Solves the Puzzle
- 1928: First Mickey Mouse cartoons, Plane Crazy
- 1928: First appearance of Minnie Mouse cartoons, Plane Crazy
- 1928: First officail Mickey Mouse episode, Steamboat Willie
- 1929: Start of the Silly Symphonies: The Skeleton Dance
- 1929: First Silly Symphony episode, The Skeleton Dance
- 1930: First appearance of Pluto cartoon, The Chain Gang
- 1932: First appearance of Goofy cartoon, Mickey's Revue (Columbia Pictures Studios)
- 1932: First full-colour cartoon, Flowers and Trees
- 1933: First appearance of Fifi the Peke cartoons, Puppy Love
- 1933: First Donald Duck Theme Music #1, The Steeplechase
- 1933: First Pluto's Devil cartoons, Mickey's Pal Pluto
- 1933: First Pluto's Angel cartoons, Mickey's Pal Pluto
- 1934: First Walt Disney segment, The Hot Choco-Late Soldiers
- 1934: First Donald Duck cartoon, The Wise Little Hen
- 1937: First Daisy Duck cartoons, Don Donald
- 1937: First Donald Duck episode, Don Donald
- 1937: First Pluto, Jr. cartoons. Pluto's Quin-Puplets
- 1937: First full-length animated movie, Snow White and the Seven Dwarfs
- 1938: First Huey, Dewey and Louie cartoons, Donald's Nephews
- 1939: First Goofy episode, Goofy and Wilbur
- 1939: First Mickey Mouse Theme #1, The Standard Parade
- 1940: First Disney movie failed at the box office, Pinocchio
- 1940: First Pluto episode, Bone Trouble
- 1940: First Donald Duck Theme #2, Window Cleaners
- 1940: First Goofy Theme #1, Goofy's Glider
- 1940: First Pluto #1, Private Parate
- 1940: Studio moves to Burbank, California
- 1940: Fantasia's debut
- 1941: Dumbo's debut
- 1942: Bambi's debut
- 1942: First P.J. cartoons, Bellboy Donald
- 1943: First Scrooge McDuck cartoons, The Spirit of '43
- 1943: First Chip 'n' Dale cartoons, Private Pluto
- 1944: First Pluto Theme #2, Springtime for Pluto
- 1945: First Dutch cartoons, Canine Casanova
- 1946: Much argued-over Song of the South's debut
- 1947: First Pluto Theme #3, Pluto's Housewarming
- 1947: First Donald Duck Theme #3, Donald's Dilemma
- 1947: First Mickey Mouse #2, Mickey's Delayed Date
- 1950: First Goofy Theme #2, Motor Mania
- 1954: Walt Disney anthology series starts
- 1955: Disneyland opens in Anaheim, California
- 1955: First widescreen cartoon, Lady and the Tramp
- 1964: Mary Poppins becomes the first Disney movie to be nominated for Best Picture
- 1966: Walt Disney dies; his brother Roy takes over the studio
- 1967: Last animated movie from producer Walt Disney, The Jungle Book
- 1971: Walt Disney World opens in Orlando, Florida
- 1979: Don Bluth and friends leave the studio
- 1979: The Black Hole, Disney's first PG movie, is a failure with critics
- 1980: First home video: Dumbo
- 1981: Disney's last film that has any The Nine Old Men as the animators: The Fox and the Hound
- 1983: Disney Channel is launched
- 1984: Touchstone Pictures starts with Splash
- 1984: Michael Eisner became the CEO of Disney
- 1985: Disney's first animated movie that has rated PG: The Black Cauldron
- 1988: Who framed Roger Rabbit's debut
- 1988: DisneyToons Studios opens
- 1989: The Little Mermaid brings new life in the animation division as well as the genre; studio gets its first Oscar in eighteen years for this movie
- 1990: Hollywood Pictures starts with Arachnophobia
- 1991: Beauty and the Beast becomes the first animated movie to be nominated for Best Picture
- 1993: The Nightmare Before Christmas's debut
- 1994: Frank Wells was killed from helicopter crash
- 1994: The Lion King becomes the highest grossing hand drawn animated film in the U.S.
- 1994: Jeffrey Katzenberg resigns from Disney.
- 1995: First Pixar movie, Toy Story
- 2001: First Pixar movie that was nominated for Best Animated Feature, Monster's Inc.
- 2003: First Pixar movie that won an Oscar for Best Animated Feature,Finding Nemo
- 2003: Pirates of the Caribbean becomes studio's first family movie with a rating of PG-13
- 2004: Home on the Range is Disney's last traditionally animated movie to use CAPS
- 2004: First Pixar movie that has rated PG, The Incredibles
- 2005: Disneyland celebrates fiftieth birthday
- 2005: Michael Eisner resigns from Disney. He was replaced by Bob Iger.
- 2005: First self-made CGI movie, Chicken Little
- 2009: Up becomes the first Pixar animated feature to be nominated for Best Picture
- 2009: Disney buys comic book publisher Marvel Comics for 4 billion US dollars.
- 2012: Disney buys movie studio Lucasfilm for 4 billion US dollars.
- 2013: Disney releases Frozen, which becomes the studio's first non-Pixar film to win an Oscar for Best Animated Feature.
- 2017: Disney agrees to buy most of Fox's subsidiaries (including 20th Century Fox, Fox Searchlight Pictures, and Blue Sky Studios) for 52 billion US dollars.
- 2018: DisneyToons Studios was closed down
- 2018: John Lasseter left Disney
- 2018: Touchstone Pictures was closed down
- 2019: Disney completes its purchase of 21st Century Fox.
- 2019: Ed Catmull retires
- 2019: Disney creates their own streaming service, Disney+, in November 2019.
- 2020: Bob Iger resigns as the CEO of Disney. He was replaced by Bob Chapek as CEO.
- 2021: Bob Iger will leave Disney.
- On November 12, 2019, Disney launched their own streaming service, Disney+. The platform features nearly all of their movies and TV shows along with those made by properties bought by Disney, such as The Muppets, Pixar, Lucasfilm, 20th Century Fox, and Marvel. It also features original content, such as several Marvel and Star Wars programs. However, no R rated movies and shows appear on the site (instead, they are on Hulu), and movies, cartoons, and TV shows that feature smoking, swear words, violence, and stereotypical depictions of African Americans, Native Americans, Asians, and other minorities come with a warning.
Images for kids
The Walt Disney Company Facts for Kids. Kiddle Encyclopedia.