The Walt Disney Company is an American entertainment company headquartered in Burbank, California. Walt and Roy Disney founded it in 1923 as a cartoon studio. Mickey Mouse arrived in 1928. The company operates studios in Burbank and parks in several countries. It reports results in dollars with a fiscal year that ends in the autumn, and its characters appear on a vast range of licensed products.
The company operates film studios, television networks, streaming services and theme parks. Its holdings include Walt Disney Pictures, Pixar, Marvel, Lucasfilm, 20th Century Studios, ABC, ESPN and the streaming services Disney+ and Hulu. Disney Parks run resorts in California, Florida, Paris, Tokyo, Hong Kong and Shanghai.
Disney also sells licensed merchandise and runs the Disney Cruise Line. Bob Iger returned as chief executive in 2022. The shares trade on the New York Stock Exchange. Disney completed its purchase of 21st Century Fox's film and television assets in 2019. The company also owns the A+E Networks stake and Hulu. Competitors include Netflix and Warner Bros. Discovery.