The Walt Disney Company

About the Company

About The Walt Disney Company

The Walt Disney Company, commonly known as Disney, is a leading diversified international family entertainment and media enterprise. Founded on October 16, 1923, by brothers Walt and Roy O. Disney, the company has grown from a small animation studio into a global powerhouse in the entertainment industry. Headquartered in Burbank, California, Disney’s mission is to entertain, inform, and inspire people worldwide through unparalleled storytelling, reflecting its iconic brands, creative minds, and innovative technologies.

Business Segments

Disney operates through several key segments:

• Disney Entertainment: This segment encompasses the company’s full portfolio of entertainment media and content businesses globally, including streaming services like Disney+.
• ESPN: Dedicated to sports content, this segment includes ESPN networks, ESPN+, and the company’s international sports channels.
• Disney Experiences: This segment brings Disney’s stories and characters to life through theme parks, resorts, cruise lines, and consumer products, offering immersive experiences worldwide.

Global Presence and Workforce

As of 2023, Disney employed approximately 225,000 individuals worldwide, fostering a culture of creativity and innovation. The company’s operations span over 200 countries, reaching diverse audiences through its vast array of products and services.

Financial Performance

In the fiscal year ending 2024, Disney reported annual revenue of $91.36 billion, marking steady growth. The company’s market capitalization was approximately $212.40 billion as of late 2024, underscoring its significant presence in the global market.

Historical Milestones

Disney’s rich history includes pioneering achievements in animation, such as the creation of the first synchronized sound cartoon, “Steamboat Willie,” in 1928, and the release of the first full-length animated feature, “Snow White and the Seven Dwarfs,” in 1937. The company expanded into television with the debut of “The Mickey Mouse Club” in 1955 and opened its first theme park, Disneyland, the same year. Over the decades, Disney has continued to innovate, acquiring notable companies like Pixar Animation Studios, Marvel Entertainment, Lucasfilm, and 21st Century Fox, broadening its content and audience reach.

Commitment to Innovation and Storytelling

At its core, Disney is dedicated to creative storytelling and technological innovation. The company leverages cutting-edge technologies to enhance its content and deliver immersive experiences, from advancements in animation techniques to the development of interactive theme park attractions. Disney’s streaming platforms, including Disney+, have redefined how audiences consume content, offering a vast library of movies, series, and original programming accessible worldwide.

Corporate Social Responsibility

Disney is committed to operating responsibly, focusing on environmental stewardship, community engagement, and fostering a diverse and inclusive workplace. The company implements sustainable practices across its operations, supports philanthropic initiatives, and strives to create content that reflects the diverse experiences of its global audience.

Future Outlook

Looking ahead, Disney aims to continue its legacy of storytelling excellence, technological innovation, and global expansion. The company is focused on delivering high-quality content across various platforms, enhancing guest experiences at its parks and resorts, and exploring new opportunities in emerging markets. By staying true to its mission and values, Disney endeavors to inspire and entertain audiences for generations to come.