Entertainment
 

The Walt Disney Company

From The Unofficial DisneyWiki

(Redirected from Walt Disney Productions)
This article needs to be De-Wikipediafied.
Please discuss this issue on the talk page or replace this tag with a more specific message.

The Walt Disney Company (most commonly known as Disney) is one of the largest media and entertainment corporations in the world. Founded on October 16, 1923 by Walt Disney and his brother Roy Oliver Disney as the Disney Brothers Cartoon Studio, it is today the number two media company in the United States. The company's corporate headquarters are located in Burbank, California. Disney had revenues of $34.3 billion in 2006, and it is a component of the Dow Jones Industrial Average.

For much of its history, the company was known as Walt Disney Productions, Ltd., until February 6, 1986, when it was rechristened with its current name. Disney Enterprises, Inc., commonly seen in company legal notices, is a subsidiary of The Walt Disney Company.

Contents

[edit] Divisions

Disney's main operating units are Studio Entertainment, Parks and Resorts, Media Networks, and Consumer Products.

[edit] Studio Entertainment

Its Studio Entertainment unit, also known as The Walt Disney Studios, is headed by Chairman Dick Cook. It includes the Buena Vista Motion Pictures Group, a collection of movie studios including Walt Disney Pictures, Touchstone Pictures, and Hollywood Pictures. The Miramax Films and Dimension Films studios are also a part of the unit, but operate autonomously in New York. Disney's Buena Vista Music Group, which includes Walt Disney Records, Mammoth Records, Lyric Street Records, and Hollywood Records, also falls under the umbrella of The Walt Disney Studios. The unit also includes Walt Disney Theatrical and Disney's distribution companies: Buena Vista International, Buena Vista Home Entertainment, and Buena Vista Home Entertainment International.

One of the company's most successful and historically signifigant subsidiaries is its animation studio, Walt Disney Feature Animation, responsible for producing a number of successful and influential traditionally animated features. In the aftermath of the box office failures of some of its recent animated films and the stellar successes of computer-animated films from Pixar, Disney has shifted its production from "traditional" hand-drawn animated films (which in recent years have incorporated much work done on computer) to entirely computer-animated films. The most traditionally-animated film produced by Disney was Home on the Range, and their first computer-animated film was Chicken Little. Disney had fallen under much criticism for this change in direction, especially from fans who see the strength of a movie as its plot and its characters and not as the technology used to make it. However, in 2009, Disney released The Princess and the Frog, its' first 2-D animated feature since. Since 2006, one Pixar produced CGI-animated feature and one Disney-produced traditional cel animated (or CGI) feature has been released under the Disney banner.

In 2006, Disney acquired Pixar and named Pixar executive John Lasseter the Chief Creative Officer of Pixar and Walt Disney Feature Animation and Principal Creative Advisor of Walt Disney Imagineering.

Walt Disney Studios, the company's main film and television production facility and corporate headquarters located in Burbank, California, is the only major Hollywood film studio that has never offered tours to the public. A partial tour of the Orlando, Florida feature animation satellite studio was available to attendees of Disney-MGM Studios (now known as Disney's Hollywood Studios) until 2003.

[edit] Media Networks

The Media Networks unit is centered around the American Broadcasting Company (ABC) television network, which it acquired through a merger with Capital Cities/ABC in 1996. Ironicly enough, it was ABC that helped Disney open the Disneyland theme park in 1955 with financing. Disney also owns a group of cable networks including The Disney Channel, ABC Family, Disney XD (formerly Toon Disney), the ESPN group (with 20% owned by Hearst Television, and SOAPnet through Disney-ABC Cable Networks. Disney also holds substantial interest in Lifetime, including the Lifetime Movie Network and A&E (37.5%), Hallmark Channel (50%, through the purchase of The Jim Henson Company), and E! (40%). It also owns ABC Studios (nee Touchstone Television), which produces and distributes television programs such as Ugly Betty not only for ABC, but other television networks, as seen through the fact that Ghost Whisperer airs on CBS, even though ABC Studios is co-producer.

Through ABC, Disney also owns local 10 television stations, ESPN Radio and Radio Disney, the latter two of which are considered part of the Disney-ABC Cable Group. Disney-ABC Domestic Television, formerly known as Buena Vista Television, which also is a part of the Media Networks unit, produces such syndicated television programs as the American version of Who Wants to Be a Millionaire?, Live with Regis and Kelly, and Ebert and Roper. It sold a majority intrest of their 22 radio stations not affiliated (or owned) with either Radio Disney or ESPN and the ABC Radio Network, which includes media personalities such as Sean Hannity to Citadel Broadcasting in 2007.

Disney also operates its Hyperion publishing company and Walt Disney Internet Group (WDIC) through Media Networks. Hyperion has recently published books by comedian-author Steve Martin and bestselling author Mitch Albom. WDIC includes the Go.com web portal, based on the old Infoseek search engine which it purchased in 1998, and leading websites such as Disney.com, ESPN.com, and ABCNews.com.

[edit] Consumer Products

Its Consumer Products unit includes Disney's merchandising and licensing business and its Disney Publishing Worldwide group, whose imprints include Disney Editions, Hyperion Books for Children and Disney Press. It also published the Disney Adventures children's magazine.

The unit includes TheDisney Store chain of shopping mall locations, which it sold in 2004 to The Children's Place, but were repurchased in May of 2008, and also includes Jim Henson's Muppets characters, which it purchased via the merger with The Jim Henson Company in 2004.

[edit] History

[edit] 1923-1936

  • 1923: The Disney Bros. Studio, founded in October 16 by brothers Walt and Roy Disney and animator Ub Iwerks, produces the Alice in Cartoonland series.
  • 1925: At Walt Disney's insistence, the company is renamed Walt Disney Studios.
  • 1927: The Alice series ends; Disney picks up the contract to animate Oswald the Lucky Rabbit
  • 1928: Walt loses of the Oswald series to Universal Studios; first Mickey Mouse cartoon: Plane Crazy
"It all started with a mouse."
  • 1929: First Silly Symphony: The Skeleton Dance. On December 16 the original partnership formed in 1923 is replaced by Walt Disney Productions, Ltd. Three other companies, Walt Disney Enterprises, Disney Film Recording Company, and Liled Realty and Investment Company, are also formed.
  • 1930: First appearance of Pluto
  • 1932: First three-strip Technicolor short released: Flowers and Trees; first appearance of Goofy
  • 1934: First appearance of Donald Duck

[edit] 1937-1954

[edit] 1955-1983

[edit] 1984-1999

[edit] 2000's Current

[edit] External link

The Official Site

Wikipedia
 This page uses content from the English Wikipedia. The original article was at The Walt Disney Company. The list of authors can be seen in the page history. As with DisneyWiki, the text of Wikipedia is available under the GNU Free Documentation License.
Retrieved from "http://disney.wikia.com/wiki/The_Walt_Disney_Company"
Rate this article: