The Walt Disney Co., commonly known as Walt Disney or simply Disney, is an American diversified international family entertainment and media enterprise headquartered at the Walt Disney Studios in Burbank, California.
Walt Disney was originally founded on October 16, 1923 by brothers Walt and Roy O. Disney as the Disney Brothers Cartoon Studio; it also operated under the names The Walt Disney Studio and Walt Disney Productions before officially changing its name to The Walt Disney Company in 1986.
The company established itself as a leader in the American animation industry before diversifying into live-action film production, television, and theme parks. The four major segments it operates through are: Media Networks, Parks & Resorts, Studio Entertainment and Consumer Products & Interactive Media.
The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.
The Parks & Resorts segment owns and operates the Walt Disney World Resort in Florida; the Disneyland Resort in California; Aulani, a Disney Resort & Spa in Hawaii; the Disney Vacation Club; the Disney Cruise Line; and Adventures by Disney.
Whereas, the Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. This segment distributes films primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm and Touchstone banners.
Lastly, the Consumer Products & Interactive Media segment licenses the company’s trade names, characters and visual and literary properties to various manufacturers, game developers, publishers and retailers throughout the world. It also develops and publishes games, primarily for mobile platforms, and books, magazines and comic books. This segment also distributes branded merchandise directly through retail, online and wholesale businesses. Also, the segment’s operations include website management and design, primarily for other company businesses, and the development and distribution of online video content.
Disney’s net worth as on April, 2019 is 130 Billion Dollars.