The Walt Disney Company (DIS)
Various businesses throughout the United States and beyond are seeking to increase their business abroad. This may be for numerous reasons such as reducing risks and threats, sales growth or resource acquisition. The Walt Disney Company (DIS) is one of the many American organizations to develop abroad. The initial foreign scheme demonstrated to be so successful that the conclusion was to further advance around the world. Disney is made up of many different entities in which they attract their consumers.
History
The Walt Disney Company has a prestigious history in the entertainment industry, stretching over 75 years. It started on October 16, 1923 as the Disney Brothers Cartoon Studio, a joint venture of Walt Disney and his brother, Roy. Three years later the company had produced two movies and purchased a studio in Hollywood, California. Pitfalls in distribution rights nearly sank Walt and his company, but the creation of Mickey Mouse saved a sinking ship.
By 1932, the Disney Company won its first Academy Award for Best Cartoon, for the Silly Symphony. 1934 marked the production of Disney's first full-length feature film, Snow White and the Seven Dwarfs, which released in 1937 and became the highest grossing film of its time. But afterwards, the expenses of production caused difficulties with the next few animated films; then the advent of World War II halted the production of films as the Walt Disney Company contributed its skills to the war effort.
After the war it was difficult for the company to pick up where it had left off, but 1950 proved a turning point with the production of its first live-action film, Treasure Island and another animated film, Cinderella. In that time period, Disney also began several television series; in 1955, The Mickey Mouse Club also made its debut.
1955 also provided another landmark moment: the