The Walt Disney Company was founded in 1923 by Walt and Roy Disney and is now one of the largest media corporations in the world, owning theme parks and television networks. Pixar Animation Studios was founded in 1986 when Steve Jobs purchased the computer graphics division of Lucasfilm and established Pixar. Pixar's 1995 film Toy Story was a huge success and changed animation. In 2006, Disney acquired Pixar to gain access to its technology and talent, while Pixar sought to increase revenue through Disney's distribution.