Walt Disney started the company in 1928 with his brother Roy, focusing on family entertainment. Over time, Disney expanded its target audience to include adults and now owns 11 theme parks worldwide. Disney acquired Pixar in 2006, which has produced 19 blockbuster films averaging $634 million worldwide per film. While known for its children's content, Disney has been successful in catering to audiences of all ages through innovation, maintaining its core values of fun and family, and creating a diverse product line.