- Buena Vista loses the rights to Jim Henson Video and the video distribution rights are given to Columbia-Tristar Home Video (with the exceptions of The Muppets at Walt Disney World, The Muppets Celebrate Jim Henson, The Muppet Christmas Carol, and Muppet Treasure Island, which were produced by Disney).
- January - The Walt Disney Company and McDonald's Corporation begin a multi-national promotional alliance.
- January 15 - Production begins on The Emperor's New Groove.
- February 21 - Club Disney, an interactive children's play center, opens its first unit in Thousand Oaks, California.
- February 24 - Michael Eisner and Steve Jobs announce that Walt Disney Studios and Pixar have agreed to joint produce five films over the next ten years.
- April 2 - Disney's restored New Amsterdan Theater is unveiled in New York City.
- April 17 - Gibson Guitars holds a demonstration of their new products at Pleasure Island.
- December 8 - Walt Disney Television announces their plans to launch Toon Disney.
- January 24 - Prefontaine (Hollywood Pictures)
- January 31 - Shadow Conspiracy (Hollywood Pictures)
- February 14 - That Darn Cat is released to generally negative reviews)
- March 7 - Jungle 2 Jungle is released to very poor reviews
- April 11 - Grosse Pointe Blank (Hollywood Pictures with Caravan Pictures)
- April 25 - Romy and Michele's High School Reunion (Touchstone Pictures)
- June 6 - Con Air (Touchstone Pictures) is released to mixed reviews.
- June 27 - Hercules is released to very positive reviews and a major box office and commercial success.
- July 16 - George of the Jungle
- July 23 - Air Force One (Touchstone Pictures)
- August 1 - Air Bud
- August 22 - G.I. Jane (Hollywood Pictures with Caravan Pictures)
- September 19 - A Thousand Acres (Touchstone Pictures)
- October 10 - RocketMan (with Caravan Pictures)
- October 31 - The Wind in the Willows
- November 7 - Starship Troopers (Touchstone Pictures)
- November 14 - The Little Mermaid (re-issue)
- November 26 - Flubber (with Great Oaks Entertainment)
- December 25 - Mr. Magoo
- January 17 - Mighty Ducks airs its final episode.
- February 15 - Gargoyles: The Goliath Chronicles airs its final episode.
- February 28 - ABC airs the special Walt Disney World's 25th Anniversary Party in prime-time. It is hosted by Melissa Joan Hart and Will Friedle.
- April 7 - The Disney Channel becomes a basic cable channel as opposed to a premium service. They also get a new logo as well, which had a TV with Mickey Mouse ears on it with Mickey Mouse inside the TV (which would be changed again in 2002). They also decide to call it simply "Disney Channel".
- April 19 - Nightmare Ned premieres on ABC with the episode "Ned's Life as a Dog/A Doll's House".
- August 23 - The first Disney Channel Original Movie, Northern Lights, debuts on the Disney Channel.
- August 29 - The Disney Afternoon name is used for the last time. From September 1 to the end of 1998, syndicated Disney programs would not carry a block name.
- August 31 - ABC airs the first episode of Recess, "The Break In/The New Kid", in primetime as a preview (depending on the channel affiliate, as some stations were airing news coverage on Princess Diana's death).
- September 13
- October 5 - Toothless premieres on The Wonderful World of Disney on ABC.
- October 20 - Bear in the Big Blue House premieres on Playhouse Disney.
- November 2 - Rodger and Hammerstein's Cinderella premieres on The Wonderful World of Disney on ABC.
- November 9 - Angels in the Endzone premieres on The Wonderful World of Disney on ABC.
- November 16 - Oliver Twist premieres on The Wonderful World of Disney on ABC.
- November 21 - Absent-Minded Inventors and the Search for Flubber premieres on ABC.
- November 24 - Bear in the Big Blue House Season 1 final episode premieres on Playhouse Disney.
- November 30 - The Love Bug remake premieres on The Wonderful World of Disney on ABC.
- December 25 - A Magical Walt Disney World Christmas airs on ABC, hosted by Melissa Joan Hart and Jerry Van Dyke.
- March 18 - Animated StoryBook: 101 Dalmatians
- July 27 - Animated StoryBook: Hercules
- July 28 - Ready for Math with Pooh
- August 27 - Ready to Read with Pooh
- November 25 - Ariel's Story Studio
Theme park happenings
- January 6 - Pirates of the Caribbean closes at Disneyland for its 30th anniversary renovations.
- January 18 - The Carnival Castle is unveiled at Disneyland Paris.
- February 21 - Star Wars Weekends takes place at the Disney-MGM Studios for the first time.
- March 1 - The #5 locomotive at Walt Disney World is dedicated to Ward Kimball.
- March 7 - Pirates of the Caribbean reopens at Disneyland.
- March 17 - Walt Disney World's Pleasure Island is transformed into Pleasure "Ireland" for St. Patrick's Day.
- March 21 - The fifth and final weekend of the first Star Wars Weekends takes place at the Disney-MGM Studios.
- April 6 - Captain EO closes at Disneyland.
- April 18 - The fourth annual Epcot International Flower & Garden Festival begins.
- April 28 - King Stefan's Banquet Hall, a restaurant inside the Magic Kingdom's Cinderella Castle is renamed Cinderella's Royal Table.
- May 17 - Fink 169 Boats closes at Disneyland.
- May 23 - Light Magic debuts at Disneyland.
- June 1 - Disneyland's Lion King Celebration parade ends its near three-year-run.
- July 1 - ABC Sound Studio opens at the Disney-MGM Studios.
- August 1 - Walt Disney World's Coronado Springs Resort opens.
- September - Disneyland's Rocket Jets closes.
- January 27 - Bambi (soundtrack)
- May 27 - Hercules (soundtrack)
- June 8 - Mary Poppins (soundtrack)
- August 5 - Air Bud (soundtrack)
- November 1 - Candlelight and Massed Choir Program as Presented at Epcot
- November 11 - Flubber (Soundtrack)
- November 18 - The Lion King - Original Broadway Cast Recording
- Mickey's Walt Disney World Adventure
- August 1 - The Golden Age of Walt Disney Records 1933-1988 by R. Michael Murray
Home video releases
VHS & DVD releases
- January 21 - D3: The Mighty Ducks and Eddie (Hollywood Pictures Home Video)
- February 4 - Bambi, That Darn Cat!, Pollyanna, The Parent Trap, and Summer Magic
- March 4 - The Hunchback of Notre Dame, Treasure Island, 20,000 Leagues Under the Sea, Kidnapped, and Swiss Family Robinson
- March 18 - Dangerous Minds
- April 8 - The First Face-Off
- April 15 - 101 Dalmatians (live action)
- April 18 - Sailor Moon: Evil Eyes
- April 22 - The Rich Man's Wife (Hollywood Pictures Home Video)
- July 15 - Fun and Fancy Free, Disney's Doug: Doug's Birthday Blues, and Disney's Doug: Slam Dunk Doug
- July 22 - Disney Sing-Along Songs Collection of All Time Favorites: The Early Years, The Magic Years, and The Modern Classics
- July 29 - Jungle 2 Jungle
- August 26 - Mary Poppins, The Love Bug, Herbie Rides Again, Herbie Goes to Monte Carlo, Herbie Goes Bananas, and Disney's Doug: The Vampire Caper
- September 2 - First Kid
- September 9 - Davy Crockett, King of the Wild Frontier, Davy Crockett and the River Pirates, Johnny Tremain, and The Light in the Forest
- September 16 - Sleeping Beauty
- October 7 - The Shaggy Dog, The Shaggy D.A., Son of Flubber, Old Yeller, and Disney's Doug: Doug's Secret Christmas
- October 14 - The Jungle Book
- November 11 - Romy and Michele's High School Reunion (Touchstone Home Video)
- November 18 - Winnie the Pooh and Christmas Too (re-issue)
- December 2 - George of the Jungle, The Absent-Minded Professor, and Homeward Bound: The Incredible Journey
- December 9 - Con Air
- December 23 - Air Bud
- March 18 - Honey, We Shrunk Ourselves
- August 5 - Pooh's Grand Adventure: The Search for Christopher Robin
- November 11 - Beauty and the Beast: The Enchanted Christmas
- January 2 - L.J. Benet (actor)
- January 7 - Kyle Stanger (voice actor)
- January 21 - Jeremy Shada (voice actor, singer, musician)
- January 24
- February 10 - Chloë Grace Moretz (actress)
- March 16 - Tyrel Jackson Williams (actor)
- March 18 - Ciara Bravo (actress and voice actress)
- March 19 - Abby Ross (actress)
- May 30 - Jake Short (actor)
- July 2 - Jackson Odell (actor and singer)
- July 13 - Leo Howard (actor, model, and martial artist)
- August 5 - Adam Irigoyen (actor, singer, and dancer)
- August 5 - Olivia Holt (actress and singer)
- August 16 - Piper Curda (actress and singer)
- October 8 - Bella Thorne (actress and singer)
- October 23 - Zach Callison (actor and voice actor)
- October 28 - Sierra McCormick (actress)
- November 1 - Max Burkholder (voice actor)
- January 1 - Joan Rice (film actress)
- January 9 - Jesse White (actor and voice actor)
- January 19 - Adriana Caselotti (actress)
- January 29 - Daniel P. Mannix (author, journalist, photographer, stage magician, and director)
- February 8 - Robert Ridgely (actor and voice actor)
- April 24 - Pat Paulsen (comedian)
- June 24 - Brian Keith (actor)
- July 28 - Rosalie Crutchley (actress)
- August 18 - Don Knight (actor)
- September 9 - Burgess Meredith (actor, director, producer, and screenwriter)
- October 12 - John Denver (singer, songwriter, and actor)
- October 24 - Don Messick (voice actor)
- December 16 - Lillian Disney (wife of Walt Disney, named Mickey Mouse and was an ink artist for Plane Crazy)
- June 27 - Hercules, Megara, Hades, Pain and Panic, Philoctetes, Zeus, Pegasus, Muses, Fates, Hera, Hermes, Amphytryon and Alcmene, Olympian Gods and Goddesses, Titans, Cyclops
- August 1 - Buddy
- August 31 - TJ Detweiler, Vince LaSalle, Ashley Spinelli, Gretchen Grundler, Mikey Blumberg, Gus Griswald, Miss Finster, Principal Prickly, Randall Weems, King Bob, Miss Grotke
- September 1 - Cadpig, Spot
- September 2 - Tripod
- September 13 - Pepper Ann Pearson, Lydia Pearson
- October 20 - Bear (Bear in the Big Blue House), Tutter, Ojo, Pip and Pop, Treelo, Shadow (Bear in the Big Blue House), and Luna
- November 10 - Grandma Flutter
- November 24 - Christine