Walt Disney Company

Founding And Early Success (1922–1966)

Year Notable Business Events Notable Releases
(Complete List of Disney feature films)
1923
  • Walt Disney signed an agreement with M.J. Winkler to generate a series of Alice Comedies, launching the Disney Company with its unique name Disney Brothers Cartoon Studio, with his brothers Walt and Roy Disney, as equivalent partners.

 
1924  
  • First Alice comedy, Alice's Day at Sea, released.
1926
  • Corporation name altered as “The Walt Disney Studio”, soon after shifting the latest studio to Hyperion Avenue, Silver Lake district.

 
1927  
  • Oswald the Lucky Rabbit debuts
1928
  • Walt misses the Oswald series deal

  • Mickey Mouse debuts in Plane Crazy
  • Steamboat Willie
1929
  • On December 16, the actual company formed and in 1923 it was re-established by Walt Disney Productions, Ltd. Three other companies were also established, they are Walt Disney Enterprises, Company Liled Realty and Investment Company and Disney Film Recording
  • The Skeleton Dance, the first Silly Symphony
1932  
  • Flowers and Trees, first three-strip Technicolor short
1937  
  • Snow White and the Seven Dwarfs, first full-length animated feature film
1938
  • On September 29, These 3 companies were combined into Walt Disney Productions (Walt Disney Enterprises, Liled Realty and Investment Company and Disney Film Recording Company).

 
1940
  • Studio shifted to Burbank, California
  • Walt Disney got the public fame
  • Pinocchio
  • Fantasia
1941
  • Animators' strike arises
  • The studio started filming morale-boosting propaganda films at the time of World War II for the US.
  • Dumbo
1942  
  • Bambi
1943  
  • Saludos Amigos
1944
  • The company was under loss; a dramatic re-release of Snow White and the Seven Dwarfs generates much-required income and starts a resubmit prototype for the animated feature films.

 
1945  
  • The Three Caballeros
1946  
  • Song of the South
1947
  • Signs their first individual studio, The Byrnest Studio in Orlando
  • Fun and Fancy Free
1948  
  • Melody Time
1949
  • The studio started production on its first all-live action feature, Treasure Island
 
1950  
  • Cinderella
1951  
  • Alice in Wonderland
1952
  • WED Enterprises is established to design theme park
 
1953
  • Retlaw Enterprises is established to manage the privileges to "Disney". It will later own and operate quite a few attractions in Disneyland, with the Disneyland Monorail System and the Disneyland Railroad.

  • The studio “Walt Disney Studios Motion Pictures” established to distribute its quality films.

  • Peter Pan
1954
  • Establishment of the Wonderful World of Disney Television program

 
1955
  • Disneyland released
  • Lady and the Tramp
1959  
  • Sleeping Beauty
1961  
  • One Hundred and One Dalmatians
1963  
  • The Sword in the Stone
1964  
  • Mary Poppins
1966
  • Walt Disney died due to lung cancer
 

After Walt Disney's Death (1967-1983)

Year Notable Business Events Notable Releases
(Complete List of Disney feature films)
1967
  • Construction started at Walt Disney World Resort near Orlando, Florida; the fundamental governmental structure, named the Reedy Creek Improvement District, is agreed into law.

  • The Jungle Book
1968
  • The name Walt Disney Productions remaned to Walt Disney Enterprises
 
1970  
  • The Aristocats
1971
  • The Walt Disney World Resort opened
  • Roy Oliver Disney died; In his absense Donn Tatum became chairman and Card Walker became the president
  • Bedknobs and Broomsticks
1973  
  • Robin Hood
1977
  • Walt Disney's nephew Roy E. Disney, resigned from the company Allude to a reject in overall product quality and issues with manager.
  • The Rescuers
1980
  • The home video division formed.
  • Disney's first co-production, is Popeye with Paramount Pictures.
 
1981
  • Plans for a cable network are declared.

  • Disney's first animated feature broadcasted on video was Dumbo.
  • The Fox and the Hound
1982
  • Experimental Prototype Community Of Tomorrow (EPCOT) Center opened at Walt Disney World Resort
  • Disney Walt's son-in-law Ron W. Miller succeeded Card Walker as CEO.
  • Tron
1983
  • Disney Channel started
  • Tokyo Disneyland released in Japan
 

Eisner era (1984–2004)

Year Notable Business Events Notable Releases
(Complete List of Disney feature films)
1984
  • Touchstone Films is shaped after the studio closely gets away a buyout attempt by Saul Steinberg, and releases its first film dash.

  • Roy Edward Disney and his business partner, Stanley Gold, eliminated Ron W. Miller as CEO and president, swapped them with Michael Eisner and Frank Wells.
  • The Walt Disney Classics video collection released.
 
1985
  • The studio started producing cartoons for television launched with Disney's Adventures of the Gummi Bears and The Wuzzles.
  • The home video release Pinocchio became a best-seller.
  • The Black Cauldron
  • Return to Oz
1986
  • The company's name is altered on February 6 from Walt Disney Productions to The Walt Disney Company.
  • The Great Mouse Detective
1987
  • First Disney Store launched in Glendale, California.
  • The company and the French government made an agreement for the introduction of the first Disney Resort in Europe: the Euro Disney project started.
  • The company started a Hall of Fame known as Disney Legends with Fred MacMurray as the first introduction. Sesame Street reaches To The Disney Channel.
  • The Brave Little Toaster
1988  
  • Framed Roger Rabbit, from Touchstone Pictures and Amblin Entertainment
  • Oliver & Company
1989
  • Disney offers a deal to purchase Jim Henson's Muppets and have the well-known puppeteer work with Disney possessions.

  • Disney-MGM Studios launches at Walt Disney World.

  • The Little Mermaid
1990
  • Jim Henson's death sours pushed back the deal to purchase.
  • The anthology series is disregarded for the second time. The Disney Afternoon obstructs debuts.
  • Hollywood Pictures is formed.
  • The Rescuers Down Under
1991  
  • Beauty and the Beast, first animated film nominated for the Academy Award for Best Picture
1992
  • Euro Disney Resort launched outside Paris.
  • The company granted authorization for a National Hockey League expansion franchise. The team is named the Mighty Ducks of Anaheim to happen together with the release of The Mighty Ducks.
  • Aladdin
1993
  • Disney obtains independent film distributor Miramax Films.
  • Winnie-the-Pooh merchandise outperforms Mickey Mouse merchandise ever before.
  • The policy of periodic theatrical resubmits ends with this year's resubmitted Snow White and the Seven Dwarfs, however is augmented for video.
  • The Anaheim Mighty Ducks played their first game at the Anaheim Arena, a brand-new arena situated just 5 km east of Disneyland.
  • The Nightmare Before Christmas
1994
  • Frank Wells killed in a helicopter collapse.
  • Beauty and the Beast releases on Broadway.
  • Jeffrey Katzenberg quits co-finding his individual studio, DreamWorks SKG.
  • Plans for Disney's America, a historical theme park in Haymarket, Virginia, which were suddenly, go down.
  • Euro Disneyland is altered as Disneyland Paris.

     

  • The Classics video line is informally disregarded and restored with the Masterpiece Collection.
  • The Lion King
1995
  • In October, the company leased Hollywood super agent Michael Ovitz to be president.
  • Disney buys DIC Entertainment, and attains the rights to its shows, with Inspector Gadget (which ultimately made a live action film in 1999).
  • Toy Story
  • Pocahontas
1996
  • The companies utilizes the Disney Enterprises name and gains the Capital Cities/ABC group, renamed it as ABC, Inc.
  • To commemorate the pairing, ABC's first Super Soap Weekend is held at Walt Disney World.
  • Disney had a deal with Tokuma Shoten for dubbing and releasing of Studio Ghibli movies in the U.S. In December, Michael Ovitz, president of the corporation, leaves "by mutual consent".
  • The Hunchback of Notre Dame
1997
  • The anthology series is rechared once again.
  • The home video division launches its first DVDs.
  • Disney took control of the Major League Baseball franchise the California Angels of the American League, renamed the team the Anaheim Angels Sequentially to correspond with Disney's hockey team the Mighty Ducks and to attract more tourism to Anaheim and nearby Disneyland.
  • Hercules
1998
  • Disney's Animal Kingdom launched.
  • Kiki's Delivery Service is available on video.
  • Disney Cruise Line plans sail with its first ship, the Disney Magic.
  • Toon Disney launches.
  • Mulan
  • A Bug's Life
1999
  • Disney Cruise Line ship Disney Wonder ready to sail.
  • Tarzan
  • Toy Story 2
2000
  • Robert Iger nominated as president.
  • Disney-owned TV channels are dragged from Time Warner Cable briefly during a clash over carriage fees.
  • Disney starts its Gold Classic Collection DVD line.
  • Andy Heyward led a takeover of DiC. Disney withdraw the rights to the Inspector Gadget cartoon series, but takes the rights to the live-action film, a direct-to-video sequel to which is prepared in 2003.
  • Fantasia 2000
  • Dinosaur
  • The Emperor's New Groove
2001
  • Disney's California Adventure Park and Tokyo Disney Sea open to the public.
  • Disney owns Fox Family Network for $3 billion in July, openhanded Disney programming and cable network reaching 81 million homes.
  • Disney transforms Fox Family Network to ABC Family.
  • Fort Worth billionaire Sid Bass is required to sell his Disney assets due to a margin call origins incompletely by the stock market fall that go down after the 9/11 attacks.
  • The fact that Bass had purchased his shares on margin was a shock when it was exposed.
  • Losing Bass was bluster to Eisner; Bass was one of his main backers and had hired Eisner to Disney.
  • >Disney on track of its Platinum Edition DVD line with Snow White and the Seven Dwarfs, as well the Walt Disney Treasures DVD box set line for the collector's market.
  • Atlantis: The Lost Empire
  • Monsters, Inc.
2002
  • Walt Disney Studios Park inaugurated near Disneyland Paris (renamed Disneyland Park). The complete area is now named Disneyland Resort Paris.
  • Disney closes negotiations to obtain Saban Entertainment, owner of children's entertainment juggernaut Power Rangers.
  • Miramax attains the USA privileges to the Pokémon movies initialized with the fourth movie.
  • Disney teams up with eminent video game company Squaresoft (later known as Square Enix) to launch their first ever role-playing game with a variety of Disney characters, Kingdom Hearts.
  • Disney releases Spirited Away in the US, which nominated as the first anime film to win an Oscar for Best Animated Film.
  • Disney started joint venture business with Sanrio for Sanrio's greeting cards.
  • Lilo & Stitch
  • Treasure Planet
2003
  • Roy E. Disney quits as the chairman of Feature Animation and also from the board of directors, alludes to parallel reasons to those that drove him off 26 years previously. Fellow director Stanley Gold resigned with him. They set up a group called "Save Disney" to relate public demands to oust Michael Eisner.
  • Pixar finishes distribution agreement with Disney.
  • Disney procures the Power Ranger franchise from Saban.
  • Disney sold the Angels to billboard magnate Arturo Moreno.
  • Brother Bear
  • Finding Nemo
  • Pirates of the Caribbean: The Curse of the Black Pearl
2004
  • Comcast made an ineffective aggressive bid for the company.
  • Eisner is swapped by George J. Mitchell as chairman of the board after a 43% vote of no self-assurance.
  • Disney disregards distributing notorious documentary film Fahrenheit 9/11, which brought $100 million.
  • On February 17, Disney owned the Muppets, without the Sesame Street characters.
  • Disney launched Jetix the children's block that mostly consists of Fox Kids shows and unique programming on ABC Family and Toon Disney.
  • Disney Store chain approved to The Children's Place.
  • Home on the Range
  • National Treasure
  • The Incredibles

Iger Era (2005–Present)

Year Notable Business Events Notable Releases
(Complete List of Disney feature films)
2005
  • Disney sold out the Mighty Ducks of Anaheim to Henry Samueli of Broadcom, renamed the team name to Anaheim Ducks.
  • On July 8, Roy E. Disney rejoins the business as a consultant with the label of Director Emeritus.
  • Disneyland commemorates its 50th anniversary on July 17.
  • Hong Kong Disneyland formally opens on September 12.
  • Bob Iger reinstates Michael Eisner as CEO.
  • Chicken Little
  • The Chronicles of Narnia: The Lion, the Witch and the Wardrobe
2006
  • Pixar was owned.
  • Rights to Oswald the Lucky Rabbit are regained from NBC Universal, in transfer for ABC letting commentator Al Michaels work on NBC Sunday Night Football
  • High School Musical
  • Cars
  • Pirates of the Caribbean: Dead Man's Chest
2007
  • Attains Club Penguin
  • ABC Radio Networks with 22 non-Radio Disney and ESPN Radio fanchises are sold to Citadel Broadcasting.
  • Meet the Robinsons
  • Pirates of the Caribbean: At World's End
  • Ratatouille
  • High School Musical 2
  • Enchanted
  • National Treasure: Book of Secrets
2008
  • Disney Store chain is regained from The Children's Place
  • The subscription Disney Family Movies service launches, which exclusively profits uncut classic Disney films and shorts to television audience along with other contributions.
  • Disney discontinued producing The Chronicles of Narnia series.
  • The Chronicles of Narnia: Prince Caspian
  • Camp Rock
  • WALL-E
  • High School Musical 3: Senior Year
  • Bolt

Executive management

Presidents

  • 1923–1945: Walt Disney
  • 1945–1966: Roy O. Disney
  • 1966–1971: Donn Tatum
  • 1971–1977: Card Walker
  • 1978–1983: Ron W. Miller
  • 1984–1994: Frank Wells
  • 1995–1997: Michael Ovitz
  • 2000–2012: Robert Iger

Chief Executive Officers

  • 1929–1971: Roy O. Disney
  • 1971–1976: Donn Tatum
  • 1976–1983: Card Walker
  • 1983–1984: Ron W. Miller
  • 1984–2005: Michael Eisner
  • 2005–present: Robert Iger

Senior Executive Management

  • Robert Iger (President and CEO)
  • Roy E. Disney (Consultant and Director)
  • Thomas O. Staggs (Senior Executive Vice President and CFO)
  • Alan N. Braverman (Senior Executive Vice President, General counsel)
  • Dennis W. Shuler (Executive Vice President, Chief Human resources Officer)
  • John Lasseter (Chief Creative Officer of Walt Disney Animation Studios and Pixar Animation Studios)
  • Zenia Mucha (Executive Vice President, Corporate Communications

Chairmen of the Board

Walt Disney dropped his Chairman title in 1960 to focus more on the creative aspects of the company, becoming "executive producer in charge of all production." After a four-year vacancy, Roy O. Disney assumed the chairmanship.

  • 1945–1960: Walt Disney
  • 1964–1971: Roy O. Disney
  • 1971–1980: Donn Tatum
  • 1980–1983: Card Walker
  • 1983–1984: Raymond Watson
  • 1984–2004: Michael Eisner
  • 2004–2006: George J. Mitchell
  • 2007–2012: John E. Pepper, Jr.
  • 2012–present: Robert Iger

Vice Chairman of the Board

  • 1984–2003: Roy E. Disney
  • 1999–2000: Sanford Litvack (Co-Vice Chair)

Chief Operating Officers

  • 1984–1994: Frank Wells
  • 1997–1999: Sanford Litvack (Acting Chief of Operations)
  • 2000–2005: Robert Iger

Financial data

Revenues

Annual gross revenues of The Walt Disney Company (in millions USD)
Year Walt Disney Studio Entertainment Disney Consumer Products Walt Disney
Parks and Resorts
Disney Media Networks Walt Disney Internet Group / Disney Interactive Media Group Total
1991 2,593.0 724 2,794.0     6,111
1992 3,115 1,081 3,306     7,502
1993 3,673.4 1,415.1 3,440.7     8,529
1994 4,793 1,798.2 3,463.6 359   10,414
1995 6,001.5 2,150 3,959.8 414   12,525
1996 10,095 4,502 4,142   18,739
1997 6,981 3,782 5,014 6,522 174 22,473
1998 6,849 3,193 5,532 7,142 260 22,976
1999 6,548 3,030 6,106 7,512 206 23,402
2000 5,994 2,602 6,803 9,615 368 25,402
2001 7,004 2,590 6,009 9,569   25,790
2002 6,465 2,440 6,691 9,733   25,360
2003 7,364 2,344 6,412 10,941   27,061
2004 8,713 2,511 7,750 11,778   30,752
2005 7,587 2,127 9,023 13,207   31,944
2006 7,529 2,193 9,925 14,368   34,285
2007 7,491 2,347 10,626 15,046   35,510
2008 7,348 2,415 11,504 15,857 719 37,843
2009 6,136 2,425 10,667 16,209 712 36,149
2010 6,701 2,678 10,761 17,162 761 38,063
2011 6,351 3,049 11,797 18,714 982 40,893
2012 5,825 3,252 12,920 19,436 845 42,278

Net income

Net income of The Walt Disney Company (in millions USD)
Year Walt Disney Studio Entertainment Disney Consumer Products Walt Disney
Parks and Resorts
Disney Media Networks Walt Disney Internet Group / Disney Interactive Media Group Total
1991 318 229 546     1,094
1992 508 283 644     1,435
1993 622 355 746     1,724
1994 779 425 684 77   1,965
1995 998 510 860 76   2,445
1996 1,596 990 747 −300 3,033
1997 1,079 893 1,136 1,699 −56 4,312
1998 769 801 1,288 1,746 −94 3,231
1999 116 607 1,446 1,611 −93 3,231
2000 110 455 1,620 2,298 −402 4,081
2001 260 401 1,586 1,758   4,214
2002 273 394 1,169 986   2,826
2003 620 384 957 1,213   3,174
2004 662 534 1,123 2 169   4,488
2005 207 543 1,178 3,209   5,137
2006 729 618 1,534 3,610   6,491
2007 1,201 631 1,710 4,285   7,827
2008 1,086 778 1,897 4,942 −258 8,445
2009 175 609 1,418 4,765 −295 6,672
2010 693 677 1,318 5,132 −234 7,586
2011 618 816 1,553 6,146 −308 8,825
2012 722 937 1,902 6,619 −216 9,964