October 16th

On this day – 16th of October 1923 – The Walt Disney Company was founded 

Walt and his brother Roy founded the Walt Disney Company 93 years ago today. The company was first named the Disney Brothers Cartoon Studio. Mickey Mouse, the companies star character was invented by Disney in 1928. The original name was Mortimer mouse, but Disney’s wife disliked the name and it was changed to Mickey. In 1937 had Snow White and the 7 dwarfs it’s premier. This was Disneys first full feature animated movie. The Disney Company is today the world second largest media conglomerate in the world and operate in everything from movies and TV to theme parks. They own ABC broadcasting, the Disney Channel, ESPN and AMC family, and they own and license 14 theme parks all around the world. Disney’s newest investment is the rights to the Star Wars. Walt Disney died in December 1966 and Roy took over as CEO. He died in 1971 and the company was left to Walts son-in-law, among other.