Walt Disney Company was founded in 1923 by Walt and Roy Disney as a cartoon studio introducing Mickey Mouse. In 1937, Disney launched its first full-length animated movie and began expanding. Today, Disney is the 13th most powerful brand in the world with $55.6 billion in revenues in 2016. Disney widened its product lines across five business segments and uses segmentation, targeting, and positioning in its strategy. Disney targets children and families and connects with its core consumers through a broad range of products, assertively friendly employees, memorable family experiences, and consistent experiences across platforms. While expanding into new areas like video games and superheroes provides benefits of increased recognition and new customers, it also risks alienating core customers or failure damaging the