The Walt Disney Company - additional information
The Walt Disney Company's products and services range from its well-known theme parks and films, to retail merchandise, cruise lines, and television networks. The most profitable segment for Disney today is its media networks, including the Disney Channel, ESPN, and A&E Television Networks. They generated almost seven billion U.S. dollars combined in operating income for their 2018 fiscal year.
Walt Disney Studios was founded in 1923 by Walt and Roy Disney and began as a small animation studio that produced animated shorts, eventually developing the beloved Mickey Mouse character in the late 1920s. By the end of the 1930s, the studio was producing feature-length films and, by the 1950s, Walt Disney had begun to dream of a theme park. Disneyland opened its doors in 1955 in Anaheim, California.
Today, Disney’s theme parks are the most profitable resorts in the world, generating almost four times more revenue than the next-most profitable amusement park company, OCT Parks China. Along with Disneyland in California and Walt Disney World in Florida, Disney maintains four other resorts around the world, located in Paris, Tokyo, Hong Kong, and Shanghai.