The Walt Disney Company was founded in 1923 by Walt and Roy Disney. It is headquartered in Burbank, California and aims to bring joy and happiness to consumers around the world through its divisions of Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products. Disney has theme parks in California, Florida, Hong Kong, Shanghai, and Tokyo. It uses nostalgia, emotional storytelling, targeting audience segments through social media, and thinking globally while acting locally to establish strong customer loyalty and maintain its brand worldwide.