Although it is now among the largest corporations on the planet, the Walt Disney Company started as a small animation studio in the garage of Walt and Roy Disney's grandfather. This tiny venture was founded on October 16, 1923-- and in 2006, Walt Disney's company had grown to revenues of $34.3 billion.
The first project the Disney brothers worked on was a series entitled Alice's Wonderland, and in 1925, Walt Disney convinced his bro to relabel the studio to Walt Disney Studios. After a number of smaller successes and failures, the very first Mickey Mouse animations Plane Crazy and Steamboat Willie were launched to audiences in 1928. As it was the first cartoon with sound to attain appeal, Walt Disney had the ability to expand his ventures a year later into 3 extra companies: Walt Disney Enterprises, Disney Film Recording Company, and Liled Realty and Investment Company.
Over the next several years, what would end up being a few of Disney's a lot of cherished characters were introduced: Pluto in 1930, Goofy in 1932, and Donald Duck in 1934. It remained in 1937 that the studio's very first feature-length animation film was launched, Snow White and the Seven Dwarfs, and it made history books by being the very first animated feature movie ever produced. The next year, Walt Disney combined all of his companies under one title, Walt Disney Productions, and in 1940 the production house launched both Pinocchio and Fantasia.
As the studio began to grow, the United States' venture into World War II triggered a slowdown in movie production as Disney was instead contracted to create morale-boosting federal government propaganda. The next 10 years were fairly slow for Disney, and movies created were exclusively low budget plan or took years to produce-- Bambi was in production for 6 years prior to its theatrical release. In 1950, the company was restored with the release of Cinderella, and 1952 saw Walt Disney begin to prepare the Walt Disney Productions theme park
It wasn't till 1967 that work really began on the amusement park, though it had certainly assisted that the company went public 10 years prior. The Walt Disney World Resort opened in Orlando, Florida in 1971, and Disney began to make its venture into live-action films. Although there were lots of ups and downs in the years following Walt's death, the company continued to go far for itself and forge ahead to new premises. While there have been lots of obstructions in the new centuries-- such as the debate over CEO Michael Eisner's policies and several hostile quote takeover efforts-- the company has handled to push through to continue holding its place as one of the biggest and most prominent companies in the world.
The very first task the Disney brothers worked on was a series entitled Alice's Wonderland, and in 1925, Walt Disney convinced his sibling to relabel the studio to Walt Disney Studios. As it was the very first animation with sound to achieve popularity, Walt Disney was able to broaden his endeavors a year later on into 3 extra companies: Walt Disney Enterprises, Disney Film Recording Company, and Liled Realty and Investment Company
The next year, Walt Disney merged all of his companies under one title, Walt Disney Productions, and in 1940 the production house released both Pinocchio and Fantasia.
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