The Walt Disney Studios is a division of the Disney Entertainment business segment of the Walt Disney Company[3] best known for housing its multifaceted film studio divisions. Founded on October 16, 1923, and based mainly at the namesake studio lot in Burbank, California, it is the largest film studio in Hollywood,[4] the seventh-oldest global film studio and the fifth-oldest in the United States, a member of the Motion Picture Association (MPA)[5] and one of the "Big Five" major film studios.[6]
Walt Disney Studios has prominent film production companies including Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios and Searchlight Pictures. Walt Disney Studios Motion Pictures distributes and markets the majority of the content produced by these studios for both theatrical exhibition and the company's streaming services. In 2019, Disney posted an industry record of $13.2 billion at the global box office.[7] The studio owns eight of the top ten highest-grossing films of all time worldwide, and several of the highest-grossing film franchises of all time.
Background
Walt Disney Productions began production of their first feature-length animated film in 1934. Taking three years to complete, Snow White and the Seven Dwarfs, premiered in December 1937 and became the highest-grossing film of that time by 1939.[8] In the 1940s, Disney began experimenting with full-length live-action films, with the introduction of hybrid live action-animated films such as The Reluctant Dragon (1941) and Song of the South (1946).[9] That same decade, the studio began producing nature documentaries with the release of Seal Island (1948), the first of the True-Life Adventures series and a subsequent Academy Award winner for Best Live-Action Short Film.[10][11]
Walt Disney Productions had its first fully live-action film in 1950 with the release of Treasure Island, considered by Disney to be the official conception for what would eventually evolve into the modern-day
History
1980s
By the 1980s, the Walt Disney Company's collection of film units emerged as one of Hollywood's major film studios, mostly due to newly designed efforts in branding strategies, a resurgence of Walt Disney Productions' animated releases and unprecedented box office successes, particularly from Touchstone Pictures.[15] The Walt Disney Productions film division was incorporated on 1983-4-1 as Walt Disney Pictures.[16] In April 1983, Richard Berger was hired by Disney CEO Ron W. Miller as film president. Berger diversified the studio's output by green-lighting "more adult, more mature" films targeted toward adult audiences. As a result, Touchstone Films was started by Miller in February 1984 as a label for their films (rated PG and higher) with an expected half of Disney's 6 to 8 films yearly slate would be released under the label.[17]
Leadership
- Alan Bergman, Chairman, Disney Entertainment, Studios
- Erin Barrier, Senior Vice President, Communications
- Bernardine Brandis, Executive Vice President, Business Affairs
- Lynwen Brennan, Co-President, Lucasfilm
- Ken Bunt, President, Disney Music Group
- Jared Bush, Chief Creative Officer, Walt Disney Animation Studios
- Louis D'Esposito, Co-President, Marvel Studios
- Pete Docter, Chief Creative Officer, Pixar Animation Studios
- Eddie Drake, Chief Technology Officer
- Kevin Feige, President, Marvel Studios
- Rita Ferro, President, Global Advertising
Studio structure
Film production
Walt Disney Pictures is the namesake studio that encompasses the release of its own live-action productions, in addition to films produced by the company's animation studios, mainly Walt Disney Animation Studios and Pixar Animation Studios.[132] Marvel Studios—acquired through Disney's purchase of Marvel Entertainment in 2009—produces superhero films based on Marvel Comics characters, including the Marvel Cinematic Universe franchise. Lucasfilm—acquired by Disney in 2012—develops and produces films, including those in the Star Wars and Indiana Jones franchises.[133]
Former units
In its history, Disney has created or acquired other film banners that have since been closed, divested, or retired.
Film production
Live-action
- Buena Vista Motion Pictures Group/Walt Disney Motion Pictures Group (1998–c. 2006) an umbrella unit for live action production companies[52][66] (defunct)
- Touchstone Pictures (1984–2016) created to release films targeted at more mature adult audiences until it was retired from theatrical distribution; was last used for Disney's distribution deal with DreamWorks from 2011 to 2016.[14]
See also
- ESPN Films
- UTV Motion Pictures
Further reading
External links
References
- Cynthia Littleton. Disney Closes $71 Billion 21st Century Fox Deal Variety, March 19, 2020, retrieved March 27, 2019^
- California Business Corporations - Fox Searchlight Pictures, Inc April 4, 2019, retrieved April 30, 2019^
- Walt Disney Co: Company Description