More info on Wikipedia
Quick Facts
- Walt Disney Studios in Burbank, California
- Brothers Walt and Roy Disney started the company
- First name of the company was Disney Brothers Cartoon Studio
- First production was Alice Comedies
- Company changed to the present name in 1926
Expert summary
The Walt Disney Company was founded on 16 October 1923. The founders were Walt and Roy Disney. The net income of the company has grown to US$ 3,832 million in 2007. It is now a massive company with about 137,000 employees. It is one of the largest media and entertainment corporations in the world. It is also one of the largest Hollywood studios and the owner of 11 theme parks and several television networks including ABC and ESPN. The company opened Disneyland in 1955. Walt Disney, the founder died of lung cancer in 1966. The co-founder Roy Disney died in 1971. Donn Tatum was the chairman after that and Card Walker the president.
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