Introduction

The Walt Disney Studios corporate headquarters in Burbank, California, 2016

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 introduced 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 the head of the company, and which he led to the decline's reversal and the overwhelmingly successful period known as the Disney Renaissance from 1989 to 1999. In 2005, under new CEO Bob Iger, the company started to expand and acquire other corporations. 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 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+, Star+, ESPN+, Hulu, and Hotstar; and Disney Experiences, which includes several theme parks, resort hotels, and cruise lines around the world. (Full article...)

Selected article

Aladdin is a 1992 American animated family film produced by Walt Disney Feature Animation and released by Walt Disney Pictures. Aladdin was the 31st animated feature in the Walt Disney Animated Classics series, and was part of the Disney film era known as the Disney Renaissance. The film was directed by John Musker and Ron Clements, and is based on the Arab folktale of Aladdin and the magic lamp from One Thousand and One Nights. The voice cast features Scott Weinger, Jonathan Freeman, Robin Williams, Linda Larkin, Frank Welker, Gilbert Gottfried and Douglas Seale.

Lyricist Howard Ashman first pitched the idea, and the screenplay went through three drafts before Disney president Jeffrey Katzenberg greenlighted the production. The animators based their designs on the work of caricaturist Al Hirschfeld, and computers were used for both colouring and creating some animated elements. The musical score was written by Alan Menken and features six songs with lyrics written by both Ashman and Tim Rice, who took over after the former's death.

Aladdin was released on November 25, 1992, to positive reviews, despite some criticism from Arabs who considered the film racist, and was the most successful film of 1992, earning over $217 million in revenue in the United States, and over $504 million worldwide. The film also won many awards, most of them for its soundtrack. Aladdin's success led to many material inspired by the film such as two direct-to-video sequels, The Return of Jafar and Aladdin and the King of Thieves, an animated television series, toys, video games, spin-offs, and merchandise.

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Minnie Mouse in the Disney 'Dreams Come True' parade at Magic Kingdom
Minnie Mouse in the Disney 'Dreams Come True' parade at Magic Kingdom

Minnie Mouse in the Disney Dreams Come True parade at Magic Kingdom.

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Selected biography

Steve Jobs (b. 1955, d. 2011) was an American business magnate and inventor. He is co-founder, chairman, and former chief executive officer of Apple Inc. Jobs also previously served as chief executive of Pixar Animation Studios; he became a member of the board of directors of The Walt Disney Company in 2006, following the acquisition of Pixar by Disney. He was credited in the 1995 film Toy Story as an executive producer. In the late 1970s, Jobs, with Apple co-founder Steve Wozniak, Mike Markkula, and others, designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series. In the early 1980s, Jobs was among the first to see the commercial potential of Xerox PARC's mouse-driven graphical user interface, which led to the creation of the Macintosh. After losing a power struggle with the board of directors in 1985, Jobs resigned from Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets. Apple's subsequent 1996 buyout of NeXT brought Jobs back to the company he co-founded, and he served as its CEO from 1997 until 2011. In 1986, he acquired the computer graphics division of Lucasfilm Ltd which was spun off as Pixar Animation Studios. He remained CEO and majority shareholder at 50.1% until its acquisition by The Walt Disney company in 2006. In 2011, Apple announced that Steve Jobs had died at the age of 56.

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More Did you know...

Did you know?
  • ...that Sleeping Beauty Castle at Disneyland was inspired by the Neuschwanstein Castle in Southern Germany.
  • ... that Elsa the Snow Queen, a protagonist in Walt Disney's Frozen, was originally written as a villain?
  • ... 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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