This document discusses The Walt Disney Company and its business model. It summarizes Disney's main business segments which include media networks, parks and resorts, studio entertainment, and direct-to-consumer offerings. It notes Disney's key leadership, history of acquisitions including Pixar, Marvel, Lucasfilm and 21st Century Fox. It also identifies Disney's strengths such as its ability to expand into new areas through creativity and leveraging its legacy brands. The document briefly mentions Disney's competitors and questions whether Disney will succeed in the future.