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The Walt Disney Company is a multinational media and entertainment conglomerate that is best known for its movies, television shows, theme parks, and merchandise. The company was founded in 1923 by Walt Disney and his brother Roy O. Disney, and has since become one of the largest and most influential entertainment companies in the world. Some of Disney's most popular franchises include Mickey Mouse, Star Wars, Marvel Comics, Pixar Animation Studios, and Disney Princesses.
History
editThe Walt Disney Company was founded on October 16, 1923, by Walt Disney and his brother Roy O. Disney. They started out by creating animated shorts, such as the Alice Comedies and Oswald the Lucky Rabbit, which were distributed by Universal Studios. However, in 1928, they lost the rights to Oswald and decided to create a new character that they could own the rights to. This led to the creation of Mickey Mouse and the first animated sound cartoon, Steamboat Willie.
Throughout the 1930s and 1940s, Disney continued to produce successful animated films, such as "Snow White and the Seven Dwarfs," "Pinocchio," "Fantasia," and "Bambi." In 1955, the company opened its first theme park, Disneyland, in Anaheim, California. This was followed by the opening of Walt Disney World in Florida in 1971.
After Walt Disney's death in 1966, his brother Roy took over as CEO and oversaw the completion of Walt Disney World. In 1984, the company was restructured and renamed The Walt Disney Company, and Michael Eisner became CEO. During Eisner's tenure, the company expanded into television and acquired companies such as ABC and ESPN.
In 2005, Bob Iger became CEO and has since overseen the acquisition of several major companies, including Pixar Animation Studios, Marvel Entertainment, and Lucasfilm. Today, The Walt Disney Company is one of the largest media and entertainment conglomerates in the world, with a portfolio of brands that includes Disney, Pixar, Marvel, Star Wars, and National Geographic, among others.