The Walt Disney Studios was founded in 1923 by brothers Walter and Roy Disney under the name Disney Brothers Cartoon Studio. It is now a multinational media company worth over $130 billion generating revenue from movies, theme parks, and a new streaming service launching in 2019. Walt Disney won 59 Academy Award nominations and 26 Oscars, motivating the studio which has won dozens more awards continuing to produce popular cartoons and films.
3. INTRODUCTION
The studio was founded by two brothers known
as Walter and Roy Disney on the sixteenth of
October 1923.
It was the Disney Brothers Cartoon Studio, the
name to the company was changed Walt Disney
Studios by the reference of Roy.
4. BODY OF REPORT
The Walt Disney studios is a multinational media
company that has a net worth of about a hundred and
thirty billion dollars.
The company is generating a lot of revenue due to its
multiple ventures seeing as its not only involved in
creating magical fairy tales but it also has large family
theme parks located in Europe, America and Asia.
By November the 12th 2019, Disney is set to launch
a streaming service which would further add to their
revenue growth.
This motivated Walt Disney to win multiple awards
and according to D23 he has the highest number of
Academy nominations with fifty-nine in which he has
won twenty-six. After the passing of Walt in 1966, the
studio has won nearly three dozen more awards and
people have continued to watch Disney cartoons and
movies.
5. CONCLUSION
In conclusion this report spoke about the history
of Walt Disney studios. Taking into consideration
the achievements of Walt Disney studios. The
studio was founded by two brothers known as
Walter and Roy Disney on the sixteenth of
October 1923. Originally known as the Disney
Brothers Cartoon Studio, the name to the
company was changed Walt Disney Studios. The
company is generating a lot of revenue due to its
multiple ventures seeing as its not only involved
in creating magical fairy tales but it also has large
family theme parks located in Europe, America
and Asia. That draws millions of people from all
over the world to experience the activities there.
6. BIBLIOGRAPHY
1. D23. (2019). Disney History - D23. [online]
Available at: https://d23.com/disney-history/
[Accessed 4 Jul. 2019].
2. Studioservices.go.com. (2019). The Walt Disney
Studios - History. [online] Available at:
https://studioservices.go.com/disneystudios/history.ht
ml [Accessed 4 Jul. 2019].
3. Gobankingrates.com. (2019). [online] Available
at: https://www.gobankingrates.com/making-
money/business/how-much-is-disney-worth/
[Accessed 4 Jul. 2019].
4. Telotte, J. (2011). Spatial Presence and Disney's
Oswald Comedies. Journal of Popular Film and
Television, 39(3), pp.141-148.