The walt Disney company is one of the largest media and entertainment corporations in the world. Founded on October 16, 1923, by brothers Walt and Roy Disney as an animation studio, it has become one of the biggest Hollywood studios.
Disney's founder Walter Elias Disney was found the spirit of creativity, innovation and excellence. Walt arrived in California in the summer of 1923 with dreams and determination,. He had made a short film in Kansas City about a little girl in a cartoon world, called Alice's Wonderland, and he planned to use it as his "pilot" film to sell a series of these Alice Comedies to a distributor. On October 16, 1923, a New York distributor, M. J. Winkler, contracted to release the Alice Comedies, and this date became the formal beginning of The Walt Disney Company.
Originally known as the Disney Brothers Cartoon Studio, with Walt Disney and his brother Roy as equal partners, the company soon changed its name, to the Walt Disney Studio, which was initially housed in a succession of storefront buildings in Hollywood.
In an effort to expand its business, Disney initiated the Disney Channel in 1983 and established a new film label, Touchstone Pictures, with the release of Splash in 1984. However, because of the widespread perception that Disney stock was undervalued relative to the company's assets, in 1984 there were attempts to stage hostile takeovers of the company. These efforts were unsuccessful and, in October, Michael Eisner and Frank Wells became chief executive officer and president, respectively
The studio continues to produce highly popular filmed entertainment, with animated films like Lady and the Tramp and Sleeping Beauty,
Originally known as the Disney Brothers Cartoon Studio, with Walt Disney and his brother Roy as equal partners, the company soon changed its name, to the Walt Disney Studio, which was initially housed in a succession of storefront buildings in Hollywood.
In an effort to expand its business, Disney initiated the Disney Channel in 1983 and established a new film label, Touchstone Pictures, with the release of Splash in 1984. However, because of the widespread perception that Disney stock was undervalued relative to the company's assets, in 1984 there were attempts to stage hostile takeovers of the company. These efforts were unsuccessful and, in October, Michael Eisner and Frank Wells became chief executive officer and president, respectively
The studio continues to produce highly popular filmed entertainment, with animated films like Lady and the Tramp and Sleeping Beauty,
Disney Employees 137,000
Channels owned by Disney include:
Disney Channel
Playhouse Disney
Jetix
ESPN
Toon Disney
ABC
Disney Films Include:
Wall E
The chronicles of Narnia
High school musical
Cars
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