The History Of The Walt Disney Company Lesson Public
The History of the Walt Disney Company
The Walt Disney Company began with one man’s dream in 1923 when Walt Disney and his brother Roy founded the Disney Brothers Cartoon Studio in Hollywood, California. Their first success came with the creation of a character named Oswald the Lucky Rabbit, but Walt lost the rights to this character due to contract issues with his distributor. This setback led to the birth of Mickey Mouse in 1928, who debuted in the groundbreaking animated short “Steamboat Willie” – the first cartoon with synchronized sound. Walt’s determination to innovate despite challenges established the foundation for what would become one of the world’s largest entertainment companies.
Keywords:
- Studio
- Animation
- Mickey Mouse
- Innovation
Reasoning Question with Two Choices:
Would Walt Disney’s loss of Oswald the Lucky Rabbit be better described as a fortunate setback or a permanent failure for the company? (fortunate setback)
Reasoning Question with a Predictable Answer:
When a creative person faces obstacles but continues to pursue their vision, we call this quality determination or _____. (Expected completions: perseverance (65%), resilience (25%), persistence (10%))
Reasoning Question with a Range of Responses:
Mickey Mouse is a famous cartoon character created by Walt Disney. Can you name another famous cartoon character?
Open-Ended Question:
How might entertainment history be different if Walt Disney had never lost the rights to Oswald the Lucky Rabbit?
Throughout the 1930s and 1940s, Disney expanded beyond short cartoons to create the first full-length animated feature film, “Snow White and the Seven Dwarfs,” released in 1937. This risky venture, which many industry experts predicted would fail, became an enormous success and paved the way for classics like “Pinocchio,” “Fantasia,” and “Bambi.” During World War II, the studio produced training and propaganda films for the U.S. government while facing financial challenges. Walt’s willingness to experiment with new technologies and storytelling techniques during this period established Disney as a pioneer in the film industry, despite the economic uncertainties of the Great Depression and wartime restrictions.
Keywords:
- Feature film
- Classics
- Wartime
- Experimentation
Reasoning Question with Two Choices:
Was Disney’s decision to create “Snow White and the Seven Dwarfs” an example of calculated risk-taking or reckless business management? (calculated risk-taking)
Reasoning Question with a Predictable Answer:
When a company is the first to try something new in their industry, they are considered a trailblazer or _____. (Expected completions: pioneer (70%), innovator (20%), leader (10%))
Reasoning Question with a Range of Responses:
“Snow White and the Seven Dwarfs” is a classic Disney animated film based on a fairy tale. What’s another fairy tale that has been adapted into a film?
Open-Ended Question:
How do you think the experience of creating propaganda films during World War II might have influenced Disney’s approach to storytelling in later years?
The 1950s marked Disney’s expansion into television and theme parks, fundamentally transforming the company’s business model. Walt Disney’s television program, initially called “Disneyland” and later “The Wonderful World of Disney,” helped finance his dream of creating a new kind of amusement park. Disneyland opened in Anaheim, California in 1955, introducing the concept of the modern theme park with its themed “lands” and attention to storytelling, cleanliness, and family-friendly atmosphere. This period also saw continued success in animation with films like “Cinderella,” “Peter Pan,” and “Lady and the Tramp,” but Walt’s vision increasingly focused on creating immersive experiences that went beyond the movie theater.
Keywords:
- Television
- Disneyland
- Theme park
- Immersive
Reasoning Question with Two Choices:
Was Walt Disney’s decision to diversify into television and theme parks more about expanding creative opportunities or reducing business risk? (expanding creative opportunities)
Reasoning Question with a Predictable Answer:
When a business grows by adding new types of products or services to what they already offer, this strategy is called _____. (Expected completions: diversification (75%), expansion (15%), growth (10%))
Reasoning Question with a Range of Responses:
Disneyland is a famous theme park in California. Can you name another theme park that exists somewhere in the world?
Open-Ended Question:
How might the storytelling techniques used in Disney films have influenced the design and experience of the Disneyland theme park?
After Walt Disney’s death in 1966, the company entered a period of creative uncertainty while continuing to build on his legacy. The opening of Walt Disney World in Florida in 1971 fulfilled one of Walt’s final visions, though he never lived to see it completed. The 1970s and 1980s saw the company struggle with declining animation quality and box office performance, leading to corporate vulnerability and takeover attempts. Under new leadership in the mid-1980s, particularly with Michael Eisner as CEO and Jeffrey Katzenberg heading the film division, Disney experienced a renaissance in animation with hits like “The Little Mermaid,” “Beauty and the Beast,” and “The Lion King,” while also expanding its theme park presence globally.
Keywords:
- Legacy
- Renaissance
- Corporate
- Leadership
Reasoning Question with Two Choices:
Did the period after Walt Disney’s death demonstrate that a company’s success depends more on its founder’s vision or its ability to adapt to new leadership? (ability to adapt)
Reasoning Question with a Predictable Answer:
When a company goes through a difficult period but then returns to success and growth, we call this a corporate _____. (Expected completions: revival (45%), comeback (30%), turnaround (25%))
Reasoning Question with a Range of Responses:
“The Lion King” is a Disney animated film from the 1990s renaissance period. What’s another Disney animated film from any time period?
Open-Ended Question:
How might Disney’s history have been different if Walt Disney had lived another 20 years?
Since the 1990s, Disney has transformed into a global media conglomerate through strategic acquisitions and technological innovation. The company purchased ABC/Capital Cities in 1995, Pixar Animation Studios in 2006, Marvel Entertainment in 2009, Lucasfilm in 2012, and 21st Century Fox in 2019, dramatically expanding its intellectual property portfolio and production capabilities. Disney has also adapted to the digital age by launching its streaming service Disney+ in 2019, which quickly gained millions of subscribers worldwide. Today, the Walt Disney Company encompasses film studios, television networks, streaming platforms, theme parks, cruise lines, merchandise, and more, making it one of the most recognizable and influential entertainment companies in the world, while still maintaining connections to the creative principles established by its founder nearly a century ago.
Keywords:
- Acquisitions
- Conglomerate
- Streaming
- Portfolio
Reasoning Question with Two Choices:
Has Disney’s strategy of acquiring other companies been more about eliminating competition or expanding creative resources? (expanding creative resources)
Reasoning Question with a Predictable Answer:
When a large company buys smaller companies to grow its business and add new capabilities, this is called an acquisition or _____. (Expected completions: merger (60%), takeover (30%), buyout (10%))
Reasoning Question with a Range of Responses:
Pixar is a computer animation studio that Disney acquired. Can you name a film created by Pixar?
Open-Ended Question:
How do you think Walt Disney might react to seeing what his company has become today, nearly 100 years after he founded it?
SOURCES:
- Gabler, Neal. “Walt Disney: The Triumph of the American Imagination.” Vintage, 2007. https://www.penguinrandomhouse.com/books/89352/walt-disney-by-neal-gabler/
- Barrier, Michael. “The Animated Man: A Life of Walt Disney.” University of California Press, 2008. https://www.ucpress.edu/book/9780520256194/the-animated-man
- Iger, Robert. “The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company.” Random House, 2019. https://www.penguinrandomhouse.com/books/566793/the-ride-of-a-lifetime-by-robert-iger/
- The Walt Disney Company. “About The Walt Disney Company.” https://thewaltdisneycompany.com/about/
- D23: The Official Disney Fan Club. “Disney History.” https://d23.com/disney-history/