79 Facts About Disney

Once Disney's shareholders voted in Michael Eisner as the head of the company in 1984, the studio began to see an overwhelming amount of success during a period called the Disney Renaissance.

Since the 1980s, Disney has created and acquired corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands.

Disney is one of the biggest and most well-known companies in the world and has been ranked number 53 on the 2022 Fortune 500 list of biggest companies in the United States by revenue.

Disney has been said to have produced some of the greatest films of all time as well as revolutionizing the theme park industry.

Disney has been criticized for alleged plagiarism, depicting racial stereotypes in the past, and both including and lacking LGBT-related elements in its films.

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Disney, which has been public since 1940, trades on the New York Stock Exchange with ticker symbol DIS and has been a component of the Dow Jones Industrial Average since 1991.

Disney successfully re-released the two earlier films with synchronized sound in 1929.

Disney would go on to make several cartoons featuring him and other characters.

Disney agreed and was considered to completely transform Disney's merchandising.

Later, as a part of Disney's merchandising push, the Waterbury Clock Company created a Mickey Mouse watch.

In 1932, Disney signed an exclusive contract with Technicolor through the end of 1935 to produce cartoons in color, beginning with Flowers and Trees, which was part of the Silly Symphonies.

Disney's next film Fantasia was a box-office bomb, but made great achievements by creating Fantasound, an early development surround sound, to produce the films' soundtrack, making it the first commercial film shown in stereo.

In 1941, Disney would have a major setback when 300 of its 800 animators, led mainly by one of the companies top animators Art Babbit, would go on strike for five weeks for unionization, because of the amount of payment some of them were getting.

Disney agreed and signed a contract with them to create 20 war-related shorts for $90, 000.

In 1943, Disney would go on to make Saludos Amigos and The Three Caballeros after their visit to South America, but they would do poorly upon their releases.

In 1948, Disney began the nature documentary series, True-Life Adventures, which would run until 1960 and win eight Academy Awards.

In 1950, the television industry began to grow, and Disney got in it on Christmas Day when NBC aired the company's first television production One Hour in Wonderland, which was a promotional program for Disney's next animated film Alice in Wonderland and sponsored by Coca-Cola.

Disney said that he watched them ride the carousel there and said that he thought there "should be.

Shortly after, its name would change to Walt Disney Incorporated before changing its name to WED Enterprises in November 1953.

Disney hired a group of designers to work on the plans and those who worked on it became dubbed as "Imagineers".

Disney acquired 160 acres of orange groves in Anaheim, southeast of Los Angeles in neighboring Orange County, at $6, 200 per acre to build the park.

When Disney wanted to create a feature with two short films, The Living Desert, for the True-Life documentary, RKO's lawyer believed it would break the 1948 antitrust Supreme Court ruling if it sold as a package.

Disney made several live-action films based on children's books including Pollyanna and Swiss Family Robinson.

Child actor Hayley Mills would star in Pollyanna, where she would win the Academy Juvenile Award, and five other Disney films, including her dual role as the twins in The Parent Trap.

Disney worked alongside Mills in Pollyanna and starred in features such as Old Yeller, Toby Tyler (1960), and Swiss Family Robinson.

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Disney featured in films such as The Computer Wore Tennis Shoes, The Horse in the Gray Flannel Suit (1968) alongside Dean Jones, The Barefoot Executive (1971), and The Strongest Man in the World (1975).

In 1977, Disney's created the successful animated film The Rescuers, grossing $48 million at the box office.

In 1981, Disney released Dumbo to VHS and Alice in Wonderland the following year, eventually leading Disney to release all their films to home media.

Ron would push for more more mature films from the studio, and as a result, Disney founded the film distribution label Touchstone Pictures to produce movies geared toward adults and teenagers in 1984.

Disney, which had less than $10 million, rejected and offered to buy all of his stock for $325.

Eisner's first move at Disney was to make it a major film studio, which at the time it was not considered.

Disney brought in Jeffrey Katzenberg as chairman and Roy as head of the animation division to help with the animation industry.

Disney wanted to produce an animated film every 18 months instead of every 4 years like the company had been doing.

In 1984, Disney created the most expensive animated movie at $40 million, and their first animated film to feature computer-generated imagery The Black Cauldron, which was their first PG rated animated film because of its darker themes.

At the time, Disney became the box office leader out of all the studios in Hollywood for the first time, with films such as Who Framed Rodger Rabbit, Three Men and a Baby (1987), and Good Morning, Vietnam (1987).

In 1989, Disney signed an agreement-in-principle to acquire Jim Henson Productions from its founder, Muppet creator Jim Henson.

In September 1990, Disney arranged for financing up to $200 million by a unit of Nomura Securities for Interscope films made for Disney.

For $60 million, Disney broadened their more mature films by acquiring independent film distributor Miramax Films in 1993.

In 1994, Disney had been looking to buy one of the big three networks, ABC, NBC, or CBS, which would give them guaranteed distribution for its programming.

Instead, Disney felt other internal "hot properties" deserved the company's attention.

Disney had another huge success with Pixar when they released Monsters, Inc in 2001.

Later, Disney bought children's cable network Fox Family Worldwide for $3 billion and the assumption of $2.

In 2001, Disney's operations declined with a net loss of $158 million in fiscal, as well as a decline in viewership on the ABC television network, because of decreased tourism due to the September 11 attacks; Disney earning in fiscal 2001 $120 million was heavily reduced from the year's before $920 million.

In 2003, Disney became the first studio to garner $3 billion in a year at the box office.

Roy Disney announced his retirement in 2003 because of the way the company was being ran, calling on Eisner to retire; the same week, board member Stanley Gold retired for the same reasons, forming the "Save Disney" campaign together.

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Disney sold the Mighty Ducks NHL team to Henry Samueli and his wife Susan in 2005.

On January 24, 2006, Disney made a move to acquire Pixar from Steve Jobs for $7.

Later, Disney launched a television channel geared towards older children named Disney XD.

Shortly after, Disney sold Miramax Films to an investment group headed by Ronald Tutor for $660 million.

That year, Disney became the first studio to release two $1 billion films in a single year.

Later, in early February 2012, Disney completed its acquisition of UTV Software Communications, expanding their market further into India and Asia.

On March 24, 2014, Disney acquired Maker Studios, an active multi-channel network on YouTube, for $950 million.

In October, Disney announced that television channel ABC Family would be changing its name to Freeform in 2016, with the goal to broaden its audience coverage.

In 2016, Disney had four films that made over $1 billion, which were the animated film Zootopia, Marvel film Captain America: Civil War, Pixar film Finding Dory, and Rogue One: A Star Wars Story, making Disney the first studio to surpass $3 billion at the domestic box office.

Disney made an attempt to buy social media platform Twitter to market their content and merchandise on, but ultimately dropped out of the deal.

On March 23, 2017, Disney announced that Iger had agreed to a one-year extension of his term as CEO through July 2, 2019, and had agreed to remain with the company as a consultant for three years after stepping down.

Disney planned to start an ESPN streaming service with about "10, 000 live regional, national, and international games and events a year" by 2018.

In 2017, Disney had two films go over the $1 billion mark, the live-action Beauty and the Beast and Star Wars: The Last Jedi.

In June 2018, Disney declared that Lasseter would be leaving the company by the end of the year, staying as a consultant until then.

Disney obtained an antitrust approval from the United States Department of Justice to acquire Fox.

Disney made $7 billion at the box office again like they did in record-breaking year 2016 with three film that made $1 billion, Marvel films Black Panther and Avengers: Infinity War and Pixar film Incredibles 2, with Infinity War surpassing $2 billion and becoming the fifth highest-grossing film ever.

Disney became the first film studio to have seven films gross $1 billion, which were Marvel's Captain Marvel, the live action Aladdin, Pixar's Toy Story 4, the CGI remake of The Lion King, Star Wars: The Rise of Skywalker, and the highest-grossing film of all time up to that point at $2.

At the beginning of 2020, Disney dropped the Fox name from all its assets rebranding it as 20th Century Studios and Searchlight Pictures.

The following month, Disney named Alan Bergman as chairman of its Disney Studios Content division to oversee its film studios.

Disney was the first major Hollywood studio to halt the release of a major motion picture due to Russia's invasion, and other movie studios followed soon after.

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Walt Disney Company operates six primary business segments, with two primary divisions and four content groups:.

Walt Disney stepped down as chairman in 1960 to focus more on the creative aspects of the company, becoming the "executive producer in charge of all production.

Walt Disney Company is one of the world's largest entertainment companies and is considered to be a pioneer in the animation industry, having produced 790 features with 122 of the being animated films.

Disney has created some of the most influential and memorable fictional characters of all time, such as Mickey Mouse, Woody, Captain America, Jack Sparrow, Iron Man, and Elsa.

Disney has been ranked number 53 in the 2022 Fortune 500 list of the largest United States corporations by total revenue and number 4 in Fortune's 2022 "World's Most Admired Companies".

Disney is one of the biggest competitors in the theme park industry with 12 parks, all of which were the top 25 most visited parks in 2018.

Disney had over 157 million visitors at their theme parks worldwide, making it the most visited theme park company in the world, doubling the attendance number of the company in second.

When Disney first started getting into the theme park industry, CNN stated, "It changed an already legendary company.

When watching a film on Disney+ considered to have wrongful racist stereotypes, Disney added a disclaimer before the film starts to help avoid controversies.

Disney has been accused a number of times for plagiarism in their films from already existing works.

Disney later settled the lawsuit and made a deal with her, allowing the company to create a sequel for the film.

Disney has received criticism for both putting LGBT elements into their films and not putting enough LGBT representation in its media.

In 1990, Disney payed $95, 000 to avoid going to court over 16 animal cruelty charges for beating vultures to death, shooting at birds, and starving some of them at Discovery Island.

In 2010, at a factory in China where Disney products were being made, workers went over the law by three times for working hours and one of the workers committed suicide.