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205The Walt Disney Company DIS commonly known as Disney is the best loved media and entertainment company in the world headquarter is located at the Walt Disney Studios in Burbank California This company is the world's second largest media conglomerate in terms of revenue after Comcast It was founded on October 16 1923 by brothers Walt Disney and Roy O Disney By diversifying into live action film production and television from the animation industry Disney has created corporate division and operated a vast international entertainment empire in four business sections including Disney Media Networks Walt Disney Theme Parks and Resorts Walt Disney Studio Entertainment and Disney Consumer Products Interactive Media 1 0 1 Company Units Media network is a primary unit of The Walt Disney Company that includes various cable channels and broadcast TV networks television production and distribution operations and also owned the operated television stations and radio stations The Company's Walt Disney Imagineering unit for Parks and Resorts designs and develops new theme park concepts and features especially the resort properties The Studio Entertainment segment produces and acquires live action and animation pictures direct to video content music and songs and live stage plays
That little studio was adequate for a few years however the organization in the end exceeded it and Walt needed to look somewhere else He found a perfect bit of property on Hyperion Avenue in Hollywood constructed a studio and in 1926 moved his staff to the new office In the year of 1932 Academy Award for the Best Cartoon had won by Disney company for the Silly Symphony The production of Snow White and the Seven Dwarfs started at 1934 which is also Disney's first full length feature film and released in 1937 which became the highest grossing film of its time But unfortunately the next few animated films had difficulties in expenses of production In following World War II halted the production of films as Walt Disney company contributed its skills to the war effort Until the year of 1950 the production of Treasure Island and Cinderella embarked following by The Mickey Mouse Club debut on 1955 and the opening of the first California Disney theme park Disneyland The popularity of Disney has never been alleviated it rises constantly and survived even the death of its founder His brother Roy took over the responsibilities at that time and then succeeded by an executive team in 1971 Finally in 1983 Disney went international by the opening of Tokyo Disneyland