Walt Disney Corporation

The Walt Disney Company

The Walt Disney Studios corporate headquarters
Type	Public
Traded as	: DIS DJIA Component S&P 100 Component S&P 500 Component
Industry	Mass media Entertainment
Predecessors	Laugh-O-Gram Studio
Founded	October 16, 1923; 93 years ago (1923-10-16) Los Angeles, California, United States
Founders	Walt Disney Roy O. Disney
Headquarters	500 South Buena Vista Street, Burbank, California, United States
Area served	Worldwide
Key people	Robert A. Iger (Chairman and CEO)
Products	Cable television, publishing, films, music, video games, theme parks, broadcasting, radio, web portals
Services	Licensing
Revenue	US$55.632 billion (2016)
Operating income	US$15.721 billion (2016)
Net income	US$9.391 billion (2016)
Total assets	US$92.033 billion (2016)
Total equity	US$47.323 billion (2016)
Number of employees	195,000 (2016)
Divisions	Divisions Walt Disney Studios Disney Media Networks Walt Disney Parks and Resorts Disney Consumer Products and Interactive Media
Subsidiaries	Subsidiaries Walt Disney Studios Walt Disney Animation Studios Disney Theatrical Productions The Walt Disney Company India Pixar Animation Studios Marvel Entertainment Marvel Studios Lucasfilm The Muppets Studio Disney–ABC Television Group ESPN Inc. (80%) A+E Networks (50%) Radio Disney Hulu (32%) UTV Software Communications Maker Studios
Website	thewaltdisneycompany.com

The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate, headquartered at the Walt Disney Studios in Burbank, California. It is the world's second largest media conglomerate in terms of revenue, after Comcast. Disney was founded on October 16, 1923 – by brothers Walt Disney and Roy O. Disney – as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and theme parks. The company also operated under the names The Walt Disney Studio and then Walt Disney Productions. Taking on its current name in 1986, it expanded its existing operations and also started divisions focused upon theater, radio, music, publishing, and online media.

In addition, Disney has since created corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands. The company is best known for the products of its film studio, Walt Disney Studios, which is today one of the largest and best-known studios in American cinema. Disney's other three main divisions are Walt Disney Parks and Resorts, Disney Media Networks, and Disney Consumer Products and Interactive Media. Disney also owns and operates the ABC broadcast television network; cable television networks such as Disney Channel, ESPN, A+E Networks, and Freeform; publishing, merchandising, music, and theatre divisions; and owns and licenses 14 theme parks around the world. The company has been a component of the Dow Jones Industrial Average since May 6, 1991. Mickey Mouse, an early and well-known cartoon creation of the company, is a primary symbol and mascot for Disney.