The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate. Founded on October 16, 1923, by brothers Walt and Roy Disney as an animation studio, it has evolved into one of the largest media corporations globally. Headquartered in Burbank, California, Disney is a component of the Dow Jones Industrial Average. The company initially issued its first stocks in 1940.
Disney's operations span film and television production, theme parks, merchandising, and direct-to-consumer streaming services like Disney+. Its notable subsidiaries include Pixar, Lucasfilm, Marvel Entertainment, 20th Century Studios, ESPN, and ABC. The company is known for its pioneering animated films, such as Snow White and the Seven Dwarfs, and its iconic theme parks, including Disneyland and Walt Disney World. The company has a $7 billion share repurchase program and a dividend increase to $1.50 per share.
In recent leadership news, Disney has named Josh D'Amaro as the new Chief Executive Officer, effective March 18, 2026, succeeding Bob Iger. Iger will remain as a senior advisor and board member until his retirement at the end of 2026. Concurrently, Dana Walden has been appointed President and Chief Creative Officer. Disney's influence extends worldwide, shaping entertainment branding and culture and remaining a dominant force in the industry.