The Walt Disney Company
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 largest independent media conglomerate in terms of revenue ahead of NBCUniversal and WarnerMedia, which are owned by telecommunications giants Comcast, and AT&T respectively. Disney was founded on October 16, 1923 – by brothers Walt 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 and for a short period Disney Enterprises. Taking on its current name in 1986, it expanded its existing operations and also started divisions focused upon the theater, radio, music, publishing and online media industries.
The company that bears the Walt Disney Company name today is the product of the merger between the original Walt Disney Company and Capital Cities/ABC, Inc., which took place on January 5, 1996.
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