The Walt Disney Company was founded in 1923 by Walt and Roy Disney. Over the decades, Disney acquired major entertainment brands like ABC, ESPN, Pixar, Marvel and Lucasfilm. In recent years, Disney has seen revenue and asset growth, with their MyMagic+ system being a major focus. MyMagic+ utilizes "Magic Bands" and smartphone apps to enhance the customer experience at Disney parks by providing personalized recommendations, wait times and payment features to optimize visitors' time. Disney aims to collect big data on park visitors through Magic Bands to further personalize the magical experience they are known for providing.