The Walt Disney Company,
commonly known as Disney,
is an American diversified multinational mass media and
entertainment conglomerate, headquartered at the Walt Disney Studios in Burbank,
California. It is the world's second largest media conglomerate in terms of
revenue, after Comcast. Disney was founded on October 16, 1923 – by
brothers Walt Disney and Roy O. Disney – as the Disney Brothers Cartoon Studio, and
established itself as a leader in the American animation industry before
diversifying into live-action film production, television, and theme parks. The
company also operated under the names The Walt Disney Studio and then Walt Disney Productions. Taking on its current name in 1986, it
expanded its existing operations and also started divisions focused upon the
theater, radio, music, publishing and online media.
In addition, Disney has since created corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands. The company is best known for the products of its film studio, Walt Disney Studios, which is today one of the largest and best-known studios in American cinema. Disney's other three main divisions are Walt Disney Parks and Resorts, Disney Media Networks, and Disney Consumer Products and Interactive Media. Disney also owns and operates the ABC broadcast television network; cable television networks such as Disney Channel, ESPN, A+E Networks, and Freeform; publishing, merchandising, music, and theater divisions; and owns and licenses 14 theme parks around the world.
In addition, Disney has since created corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands. The company is best known for the products of its film studio, Walt Disney Studios, which is today one of the largest and best-known studios in American cinema. Disney's other three main divisions are Walt Disney Parks and Resorts, Disney Media Networks, and Disney Consumer Products and Interactive Media. Disney also owns and operates the ABC broadcast television network; cable television networks such as Disney Channel, ESPN, A+E Networks, and Freeform; publishing, merchandising, music, and theater divisions; and owns and licenses 14 theme parks around the world.
The company has been a component of the Dow Jones
Industrial Average since May 6, 1991. Mickey Mouse, a cartoon created
in 1928, is a primary symbol and mascot for Disney.
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