- Walt Disney is not owned by one single person as it is a publicly-traded company. The largest shareholder in the company is Vanguard Group Inc. who owns 137.8 million shares. Other large company shareholders are BlackRock Inc. and State Street Corp.
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Disney was founded on October 16, 1923, by brothers Walt and Roy O. Disney as Disney Brothers Studio; it also operated under the names Walt Disney Studio and Walt Disney Productions before changing its name to The Walt Disney Company in 1986.
- October 16, 1923; 99 years ago
- US$82.722 billion (2022)
- 195,000 (2022)
- Team Disney Building, Walt Disney Studios, Burbank, California, U.S.
Mar 14, 2023 · Disney Company, in full The Walt Disney Company, formerly (1929–86) Walt Disney Productions, American corporation that was the best-known purveyor of family entertainment in the 20th and 21st centuries.
- The Editors of Encyclopaedia Britannica
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- Talia Lakritz
- 21st Century Fox was bought by Disney last year. Disney purchased 21st Century Fox for $71 billion in 2019 as it prepared to launch its Disney Plus streaming service.
- As part of that deal, Disney took ownership of National Geographic, too. National Geographic produces magazines, television shows, books, and documentaries about nature, wildlife, and travel.
- Disney also took over FX. FX hosts shows such as "American Horror Story," "American Crime Story," "It's Always Sunny in Philadelphia," and "Fargo." Disney gained ownership of FX when it bought 21st Century Fox.
- It also owns the majority of Hulu. Disney owned 30% of Hulu before the 21st Century Fox merger and now owns 60%. Comcast owns 30% and WarnerMedia owns the last 10%.
Aug 29, 2022 · In 2021, Disney produced total revenues of $67.42bn and net profits attributable to DIS shareholders of $2bn. The company’s CEO is Bob Chapek, who was appointed by the Board of Directors in February 2020. Disney currently employs over 190,000 people worldwide.
Oct 18, 2022 · Disney, Inc. is an American multinational media conglomerate with subsidiaries in the entertainment, leisure, and sports industries. The company was founded on October 16, 1923, by Walt Disney and his brother Roy O. Disney. Today, it is the largest private employer in the United States with over 130,000 employees.