Subsidiary | |
Industry | Film |
Founded | October 16, 1923 |
Founder |
Walt Disney Roy O. Disney |
Headquarters |
|
Key people
|
Sean Bailey (president, production) |
Products | Motion pictures |
Parent |
The Walt Disney Studios (The Walt Disney Company) |
Website | waltdisneystudios.com |
Walt Disney Pictures, Inc. is an American film production company and a subsidiary of Walt Disney Studios, owned by The Walt Disney Company. The division is based at the Walt Disney Studios in Burbank, California, and is the main producer of live-action feature films within the Walt Disney Studios unit. It took on its current name in 1983. Today, in conjunction with the other units of Walt Disney Studios, Walt Disney Pictures is classified as one of Hollywood's "Big Six" film studios. Films produced by Walt Disney Animation Studios and Pixar Animation Studios are also released under this brand.
Pirates of the Caribbean is the studio's most successful franchise, with two of its sequels, released in 2006 and 2011, earning over $1 billion in worldwide box office gross.
The studio's predecessor (and the modern-day The Walt Disney Company's as a whole) was founded as the Disney Brothers Cartoon Studio, by filmmaker Walt Disney and his business partner and brother, Roy, in 1923.
The creation of Mickey Mouse and subsequent short films and merchandise generated revenue for the studio which was renamed as The Walt Disney Studio at the Hyperion Studio in 1926. In 1929, it was renamed again to Walt Disney Productions. The studio's streak of success continued in the 1930s, culminating with the 1937 release of the first feature-length animated film, Snow White and the Seven Dwarfs, which becomes a huge financial success. With the profits from Snow White, Walt relocated to a third studio in Burbank, California.