The Walt Disney Company, known widely as Disney, is a globally recognized leader in the entertainment industry. Established in 1923 by brothers Walt and Roy Disney, the company has grown exponentially over the last century and is now a multinational mass media and entertainment conglomerate. With its headquarters situated in Burbank, California, The Walt Disney Company's reach extends far beyond US borders with significant operations in Europe, Asia, and Latin America. The company operates through various business segments: Media Networks; Parks, Experiences and Products; Studio Entertainment; and Direct-to-Consumer & International. Each of these divisions plays a crucial role in establishing Disney as a comprehensive entertainment provider.
Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions – the Disney/ABC Television Group and ESPN Inc. Parks, Experiences and Products encompass Disney's iconic amusement parks, resorts, cruise lines, and consumer products. Studio Entertainment, which includes Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Lucasfilm, 20th Century Studios, and Searchlight Pictures is responsible for the creation of some of the world's most beloved films. Lastly, the Direct-to-Consumer & International segment oversees Disney's various streaming services like Disney+, Hulu, and ESPN+, which have seen huge growth in recent years.
Its commitment to creativity, innovation and international expansion has cemented its position as a titan in the global entertainment industry.