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About the Company: |
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The Walt Disney company has a prestigous 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, Calfiornia. Pitfalls in distribution rights nearly sank Walt and his company, but the creation of Mickey Mouse saved a sinking ship. |
In the past few decades, Disney has moved into a wider market, beginning The Disney Channel on cable and establishing subdivisions such as Touchstone Pictures to produce films other than the usual family-oriented fare, gaining a firmer footing on a broader range. In the 1970s and 1980s, the company suffered from takeover attempts, but eventually recovered; the recruiting of the current chairman, Michael D. Eisner, was crucial to that. Eisner and executive parnter Frank Wells have been a successful team, leading Disney to continue its tradition of excellence into a new century.History 1903–1925: Founding |
The corporate name honors the four founding Warner brothers (born Wonskolaser)[3][4]—Harry (born Hirsz), Albert (born Aaron), Sam (born Szmul), and Jack (born Itzhak), Jews who emigrated from Poland, which was part of the Russian Empire, to Ontario, Canada. The three elder brothers began in the exhibition business, having acquired a movie projector with which they showed films in the mining towns of Pennsylvania and Ohio. They opened their first theater, the Cascade, in New Castle, Pennsylvania in 1903. (The site of the Cascade is now the Cascade Center, a shopping, dining and entertainment complex honoring its Warner Bros. heritage.)[5] In 1904, the Warners founded the Pittsburgh-based Duquesne Amusement & Supply Company,[5] the precursor to Warner Brothers Pictures (now Warner Bros. Pictures subsidiary of Warner Entertainment) to distribute films. |
The first important deal for the company was the acquisition of the rights to Avery Hopwood's 1919 Broadway play, The Gold Diggers from theatrical impresario David Belasco. However, what really put Warner Bros. on the Hollywood map was a dog, Rin Tin Tin,[7] brought from France after World War I by an American soldier.[8] Rin Tin Tin debuted in the short Where the North Begins. The short was so successful Jack Warner agreed to sign the dog to star in more short films for $1,000 per week.[7] Rin Tin Tin became the top star at the studio.[7] Jack Warner nicknamed him "The Mortgage Lifter"[7] and the success boosted Darryl F. Zanuck's career.[9] Zanuck eventually became a top producer for the studio[10] and between 1928 and 1933 served as Jack Warner's right-hand man and executive producer, with responsibilities including the day-to-day production of films.[11] More success came after Ernst Lubitsch was hired as head director;[9] Harry Rapf left the studio and accepted an offer to work at MGM.[12] Lubitsch's film The Marriage Circle was the studio's most successful film of 1924, and was on The New York Times best list for the year.[9] |
Despite the success of Rin Tin Tin and Lubitsch, Warners was still unable to achieve star power.[13] As a result, Sam and Jack decided to offer Broadway actor John Barrymore the lead role in Beau Brummell.[13] The film was so successful, Harry Warner agreed to sign Barrymore to a generous long-term contract;[14] like The Marriage Circle, Beau Brummell was named one of the ten best films of the year by The New York Times.[14] By the end of 1924, Warner Bros. was arguably the most successful independent studio in Hollywood,[14] but it still competed with "The Big Three" Studios (First National, Paramount Pictures, and MGM).[15] As a result, Harry Warner — while speaking at a convention of 1,500 independent exhibitors in Milwaukee, Wisconsin — was able to convince the filmmakers to spend $500,000 in newspaper advertising,[16] and Harry saw this as an opportunity to finally be able to establish theaters in big cities like New York and Los Angeles.[16] |
As the studio prospered, it gained backing from Wall Street, and in 1924 Goldman Sachs arranged a major loan. With this new money, the Warners bought the pioneer Vitagraph Company which had a nation-wide distribution system.[16] In 1925, Warners also experimented in radio, establishing a successful radio station, KFWB Los Angeles. Since its founding in 1923, The Walt Disney Company and its affiliated companies have remained faithful to their commitment to produce unparalleled entertainment experiences based on the rich legacy of quality creative content and exceptional storytelling. The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with four business segments: media networks, parks and resorts, studio entertainment and consumer products. |
The Walt Disney Studios is the foundation on which Disney was built, and at its heart are world-renowned animated features and live-action motion pictures. With the creation of Mickey Mouse and Snow White and the Seven Dwarfs, the world's first full-length animated feature, the Disney name quickly became synonymous with quality entertainment for the whole family. |
The Walt Disney Studios distributes motion pictures under Walt Disney Pictures - which includes Walt Disney Animation Studios, Pixar Animation Studios and DisneyToon Studios - Touchstone Pictures , Hollywood Pictures and Miramax Films . Walt Disney Studios Motion Pictures International serves as the studio's international distribution arm. Walt Disney Studios Home Entertainment distributes Disney and other film titles to the rental and sell-through home entertainment markets worldwide. Disney Theatrical Productions,one of the largest producers of Broadway musicals, also includes Disney Live Family Entertainment and Disney on Ice . Disney Music Group distributes original music and motion picture soundtracks under Walt Disney Records , Hollywood Records , and Lyric Street Records . Advancing its strategy of developing outstanding creative content, Disney acquired renowned computer animation leader Pixar in an all-stock transaction completed in May 2006. In February 2007, The Walt Disney Studios joined forces with Academy Award-winning director Robert Zemeckis and his ImageMovers partners/producers Jack Rapke and Steve Starkey to form ImageMovers Digital, a new state of the art studio devoted |
exclusively to the production of performance capture projects. |
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