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The Walt Disney Company Wikipedia

Walt had not been as involved as he was with earlier films because he was distracted with trains and visited England to make Disney's first fully live-action film Treasure Island . Because Treasure Island was a success, Walt returned to England to produce The Story of Robin Hood and His Merry Men. While Walt was in England, Alice in Wonderland was released; it was financially unsuccessful, falling $1 million short of the production budget. Walt supervised the film's production, which was financed by a new subsidiary called Walt Disney British Films Limited. In August, 1942, Bambi was released as Disney's sixth animated film and performed poorly at the box office.
Miller wanted the studio to produce more content for mature audiences, and as a result, Disney founded the film distribution label Touchstone Pictures to produce movies geared toward adults and teenagers in 1984. Splash was the first film released under the label, and was a much-needed success for the studio, grossing over $6.1 million in its first week of screening. Later, Disney's first R-rated film Down and Out in Beverly Hills was released and was another hit for the company, grossing $62 million. The following year, Disney's first PG-13 rated film Adventures in Babysitting was released.
The Walt Disney Company launched its official website disney.com on February 22, 1996, mainly to promote its theme parks and merchandise. On June 19 the same year, the company's next animated film The Hunchback of Notre Dame was released, grossing $325 million at the box office. Because Ovitz's management style was different from Eisner's, Ovitz was fired as the company's president in 1996. Disney, which since 1996 had owned a 25% stake in World Series baseball team California Angels, bought out the team in 1998 for $110 million, renaming it Anaheim Angels and renovating their stadium for $100 million. Hercules was released on June 13, and underperformed at the box office compared to earlier films, grossing $252 million.
After 18 months of construction at a cost of around $400 million, Walt Disney World's first park the Magic Kingdom, along with Disney's Contemporary Resort and Disney's Polynesian Resort, opened on October 1, 1971, with 10,400 visitors. A parade with over 1,000 band members, 4,000 Disney entertainers, and a choir from the U.S. Three months later on Thanksgiving day, cars traveling to the Magic Kingdom caused traffic jams along interstate roads. Our technologists and artists work together to advance the art and science of animation and shape the future of animated storytelling. From Disney and Pixar comes an animated sci-fi action-adventure — the definitive origin story of Buzz Lightyear , the hero who inspired the toy. “Lightyear” follows the legendary space ranger on an intergalactic adventure alongside ambitious recruits, Izzy, Mo and Darby, and his robot companion Sox.
At the time of Walt's death, Roy was ready to retire but wanted to keep Walt's legacy alive; he became the first CEO and chairman of the company. In May 1967, Roy had legislation passed by Florida's legislatures to grant Disney World its own quasi-government agency in an area called Reedy Creek Improvement District. Roy also changed Disney World's name to Walt Disney World to remind people it was Walt's dream. Over time, EPCOT became less of the City of Tomorrow and developed more into another amusement park.
In September, the company dismissed 28,000 employees, 67% of whom were part-time workers, from its Parks, Experiences and Products division. In November, Disney laid off another 4,000 employees from the Parks, Experiences and Products division, raising the total to 32,000 employees. The following month, Disney named Alan Bergman as chairman of its Disney Studios Content division to oversee its film studios. Due to the COVID-19 recession, Disney closed its animation studio Blue Sky Studios in February 2021. ดูอนิเมะฟรี Touchstone Television ceased operations in December, and Disney announced in March 2021 it would be launching a new division called 20th Television Animation to focus on mature audiences.
Disney's eleventh theme park Hong Kong Disneyland opened on September 12, costing the company $3.5 billion to construct. On January 24, 2006, Disney began talks to acquire Pixar from Steve Jobs for $7.4 billion, and Iger appointed Pixar Chief creative officer John Lasseter and president Ed Catmull the heads of the Walt Disney Animation Studios. A week later, Disney traded ABC Sports commentator Al Michaels to NBCUniversal in exchange for the rights to Oswald the Lucky Rabbit and 26 cartoons featuring the character. On February 6, the company announced it would be merging its ABC Radio networks and 22 stations with Citadel Broadcasting in a $2.7 billion deal, though which Disney acquired 52% of television broadcasting company Citadel Communications. The Disney Channel movie High School Musical aired and its soundtrack was certified triple platinum, becoming the first Disney Channel film to do so.
Marking the end of the Disney Renaissance, Tarzan was released on June 12, garnering $448 million at the box office and critical acclaim; it also claimed the Academy Award for Best Original Song for Phil Collins' "You'll Be in My Heart". Disney-Pixar film Toy Story 2 was released on November 13, garnering praise and $511 million at the box office. To replace Ovitz, Eisner named ABC network chief Bob Iger Disney's president and chief operating officer on January 25, 2000. In November, Disney sold DIC Entertainment back to Andy Heward, although still doing business with it.
In 2010, at a factory in China where Disney products were being made, workers experienced working hours three times longer than those prescribed by law, and one of the workers committed suicide. Shortly before Snow White and the Seven Dwarfs' release, work began on the company's next films Pinocchio and Bambi; Bambi was postponed. Pinocchio won the Academy Awards for Best Song and Best Score, and was said to have made groundbreaking achievements in animation. Pinocchio, however, performed poorly at the box office upon its release on February 23, 1940, because its international releases were prevented due to World War II. After a disagreement with Columbia Pictures about the Silly Symphonies cartoons, Walt signed a distribution contract with United Artists from 1932 to 1937 to distribute the series. In 1932, Disney signed an exclusive contract with Technicolor to produce cartoons in color until the end of 1935, beginning with the Silly Symphonies short Flowers and Trees .
The live-acton/animated musical Pete's Dragon was released in 1977, grossing $16 million in the U.S. and Canada, but was considered a disappointment to the company. In 1979, Disney's first PG-rated film and most expensive film up to that point at $26 million dollars The Black Hole was released, showing Disney could use special effects. It grossed $35 million, which was a disappointment to the company, which thought it would be a hit like Star Wars . Disney's first post-Walt animated film The Aristocats was released in 1970; according to Dave Kehr of Chicago Tribune, "the absence of his [Walt's] hand is evident". The following year, the anti-fascist musical Bedknobs and Broomsticks was released and won the Oscar for Best Special Visual Effects.

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