Walt Disney's Parks and Resorts - additional information
The Walt Disney Company was founded in California, United States in 1923 as a cartoon studio run by Walt Disney and his brother Roy O. Disney. Since then, the company, still headquartered in California, has diversified on a large scale, operating in such industries as media networks, parks and resorts, studio entertainment and consumer products. The Walt Disney Company is ranked among the largest companies in the world and is a market leader in many of the areas it operates in.
The market in which Disney really reigns is the amusement and theme park industry. With revenues of more than 15 billion U.S. dollars in 2014, Disney’s parks and resorts segment generated almost six times that of its closest competitor, Universal Studios Theme Parks. The ten most visited amusement and theme parks worldwide are dominated by Disney parks. Located all over the world, many of the company’s parks also feature on a list of the most visited tourist attractions.
Disney’s, and indeed the world’s, most visited theme park is the Magic Kingdom in Florida, United States. Opened in 1971, the park features a series of themed lands, including Main Street U.S.A, Adventureland and Frontierland. In 2014, the Magic Kingdom attracted more than 19.3 million visitors.