Walt Disney and Childhood - Free Essay Example

When you hear Walt Disney, you automatically think back when you were a kid and how eager you were to watch The Disney channel. People young are currently watching Disney channel and older people affialiate it with their childhood. But what If I tell you that Disney is not only Disney world and the Disney channel. In fact the company has expanding so much that we dont even recognize the Movies, tv shows and other things we watch today are owned by Walt Disney. The objective of this research paper is to give the reader insight on the suba owned by Walt Disney Incorporation and how they interact and profit off eachother. Lets get started shall we! According to NASDAQ, The Walt Disney Company started after founder, Walt Disney, had bankrupt his cartoon company Laugh-O-Gram in 1922. In October of 1923, Walt Disney had signed a contract with M.J. Winkler to start a series of Alice Comedies under the company known as The Disney Brothers Studio which was later renamed The Walt Disney Studio. From here on, Walt Disney would produce products in a wide range of categories which will become the corner stone of this company and set the standard for cartoons and childrens culture. Currently, Disneys headquarters is located in Burback California USA and is overseen by Robert A. Iger who is the The chairman and Chief Executive Officer of The Walt Disney Company since 2005. As Chairman and CEO, Mr. Iger has adopted of one of the worlds largest media companies and some of the most respected and beloved brands around the globe. As Disney CEO and Chairman, Igers strategic vision for The Walt Disney Company focuses on three fundamental pillars: generating the best creative content possible; fostering innovation and utilizing the latest technology; and expanding into new markets around the world. And according to WSJ, There is a massive 195,000 employees that work within 45 countries such as, India, Japan, The Bahamas, Hong Kong and France to help make his visions come true. Walt Disney has had a major success within the years by acquiring and braching into different subadaries which has helped the incorporation revenue billionaries of dollars and making Disney legendary. One subadaries is the studios acquired under chairman and Ceo Mr. Iges. Mr.Iges followed his dream and has added to Disneys riches by acquiring three studios Pixar Animation Studios, Marvel Studios, and Lucas film under Walt Disney studio umbrella. According to THE WSJ, Since Acquiring these studios, the companys animation studios has produced 56 animated feature films so far and together have earned 13 Academy Awards, nine Golden Globe Awards, and 11 Grammy Awards. Eight of these films won the Academy Award for Best Animated Feature. Amongst marvel and lucas film studio, These two created hits such as the Avengers franchise, and guardian of the galaxies and Star Wars and the Indiana Jones franchise. SO with all these movies Along with Disneys four studios, Disney also owns a consumer products and interactive media section, which includes the companys retail and online sites. Providing a category of products that range from appreal, toys, books and pretty much anything Disney related. Today You can find Disneys products in over 400 locations worldwide. According to It operates in three business units: Licensing, Publishing, and Disney Store. The companys Licensing business unit is engaged in Walt Disneys character licensing of brand priorities, such as Disney Media, Disney and Pixar Animation Studios, Disney Princess and Disney Fairies, and Lucasfilm and Marvel. So on top oIts Publishing business unit publishes childrens books, magazines, and digital products. Another subdaries is Walt Disney Parks and Resorts. Aside from its animated movies, Disneys Walt Disney Parks and Resorts are the corporations most well-known attractions. The first Disneyland Park opened back 1955 in Los angelous metro area. With it being such a success Disney opened up a second park 2 years later located in Bay Lake, Florida near Orlando. Attractions include four major parks: Magic Kingdom Park, home to a life-size version of Cinderellas castle, the companys most recognizable Landmark. With the success of these two theme parks. Walt Disney Parks and Resorts did not limit to just the U.S. The corporation operates the successful Disneyland Paris, which opened in 1992, as well as Hong Kong Disneyland Resort, which opened its doors in 2005. Disney also operates a popular cruise line. Disney Media Networks In addition to the popular film and theme parts. Disney owns and operates many television channels that produce popular TV series. Its biggest subsidiary under Disney Media Networks is ABC, which produces hit network shows such as Scandal and How to Get Away With Murder and its flagship evening news program ABC World News Tonight. Disney also owns part of Hulu, an Internet streaming video service, along with 21 st Century Fox FOXA (under FOX Broadcasting Company) and Comcast, the worlds biggest media company in 2015 CMCSA (under NBCUniversal Television Group). Disney also operates AE Networks, in a joint venture with Hearst Corporation. Among its popular television channels include The History Channel and AE, home to Storage Wars, The First 48, Duck Dynasty, and the scripted series Bates Motel . Disney also owns, of course, The Disney Channel. In 1984, the company purchased sports network ESPN, but lately, the network has not been doing Disney any favors. In its recent quarterly earnings report, Disney reported a sharp decline in Cable Networks operation income thanks to ESPNs dismal performance. Weaker results at ESPN were mostly due to a drop in advertising and an increase in programming costs compared to the prior year period. In the early 21st century more than 115 million people visited Disney attractions annually worldwide. The Disney Magic, the first ship in the Disney Cruise Line, was launched on July 30, 1998, and offered vacation packages to the Caribbean islands. In addition to the long-running Disney Channel cable network, broadcasting interests were expanded to include the ABC network, the ESPN sports cable network, and Radio Disney. The companys most visible and noteworthy enterprise of the 1990s was its foray into Broadway musicals. Stage adaptations of the animated features Beauty and the Beast and The Lion King, Disney on Ice both visually resplendent and long-running successes. At the end of the 20th century, the Walt Disney Company was one of the worlds largest entertainment conglomerates, and it consistently ranked among Americas top 50 corporations. Disneys exceptional entertainment experiences, widely diverse content, and unique skill in managing businesses in an integrated manner have led to strong results. During Mr. Igers tenure, The Walt Disney Company has been recognized as one of the Most Reputable Companies in both America and the world by Forbes magazine (2006-2017); one of the Worlds Most Admired Companies by Fortune magazine (2009-2018); one of the Worlds Most Respected Companies by Barrons (2009-2016); one of the Best Places to Launch a Career by BusinessWeek magazine (2006-2010); and as Company of the Year by Yahoo Finance (2013).