Fortune 500 Company - Disney

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Company history: From the very beginning, Disney's founder Walter Elias Disney fostered the spirit of creativity, innovation and excellence that continues to underlie all of the company's success. Walt arrived in California in the summer of 1923 with dreams and determination, but little else. He had made a short film in Kansas City about a little girl in a cartoon world, called Alice's Wonderland, and he planned to use it as his "pilot" film to sell a series of these Alice Comedies to a distributor. On October 16, 1923, a New York distributor, M. J. Winkler, contracted to release the Alice Comedies, and this date became the formal beginning of The Walt Disney Company. Originally known as the Disney Brothers Cartoon Studio, with…show more content…
and, in 1994, The Lion King shattered records, grossing $312 million in the U.S. and $783 million worldwide. ( Disney's leadership in animation continued with Pocahontas in 1995, The Hunchback of Notre Dame in 1996, Hercules in 1997, Mulan in 1998, Tarzan in 1999 and Fantasia/2000 at the turn of the century. In 1995, in partnership with Pixar Animation, the company released the first computer-animated feature film, Toy Story. This was followed by a series of highly successful Disney/Pixar collaborations, a bug's life, Toy Story 2, Monsters, Inc., Finding Nemo and The Incredibles. However, by far the biggest event of 1996 was Disney's acquisition of Capital Cities/ABC. The $19 billion transaction, which at the time was the second largest in U.S. history, brought the ABC television network to Disney, in addition to 10 TV stations, 21 radio stations, seven daily newspapers, and ownership positions in the cable networks A&E, Lifetime, History Channel and the powerhouse sports network, ESPN. Today, it is estimated that ESPN alone is worth the Cap Cities/ABC acquisition price. (
Products sold: Disney sells everything from t-shirts to bed accessories, from school gear to toys, from posters to bags, form watch to food products. Disney has a huge variety of products to choose from and
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