Marvel film The Avengers became the third-highest-grossing film of all time with an initial-release gross of $1.3 billion. Making over $1.2 billion at the box office, the Marvel film Iron Man 3 was released in 2013. The same year, Disney’s animated film Frozen was released and became the highest-grossing animated film of all time at $1.2 billion. Merchandising for the film became so popular it made the company $1 billion within a year, and a global shortage of merchandise for the film occurred. In March 2013, Iger announced Disney had no 2D animation films in development, and a month, later the hand-drawn animnation division was closed, and several veteran animators were laid off. On March 24, 2014, Disney acquired Maker Studios, an active multi-channel network on YouTube, for $950 million.
At the time of Walt’s death, Roy was ready to retire but wanted to keep Walt’s legacy alive; he became the first CEO and chairman of the company. In May 1967, Roy had legislation passed by Florida’s legislatures to grant Disney World its own quasi-government agency in an area called Reedy Creek Improvement District. Roy also changed Disney World’s name to Walt Disney World to remind people it was Walt’s dream. Over time, EPCOT became less of the City of Tomorrow and developed more into another amusement park.
The protest was dubbed the “Disney Do Better Walkout”; employees protested near a Disney Studios lot for about a week, and some other employees voiced their concerns through social media. Employees called on Disney to stop campaign contributions to Florida politicians who supported the bill, to help protect employees from it, and to stop construction at Walt Disney World in Florida. Chapek responded by stating the company had made a mistake by staying silent and said; “We pledge our ongoing support of the LGBTQ+ community”. According to Walt, he had the idea of an amusement park during a visit to Griffith Park with his daughters. He said he watched them ride a carousel there and that he thought there “should be … some kind of amusement enterprise built where the parents and the children could have fun together”.
Disney’s eleventh theme park Hong Kong Disneyland opened on September 12, costing the company $3.5 billion to construct. On January 24, 2006, Disney began talks to acquire Pixar from Steve Jobs for $7.4 billion, and Iger appointed Pixar Chief creative officer John Lasseter and president Ed Catmull the heads of the Walt Disney Animation Studios. A week later, Disney traded ABC Sports commentator Al Michaels to NBCUniversal in exchange for the rights to Oswald the Lucky Rabbit and 26 cartoons featuring the character. On February 6, the company announced it would be merging its ABC Radio networks and 22 stations with Citadel Broadcasting in a $2.7 billion deal, though which Disney acquired 52% of television broadcasting company Citadel Communications. The Disney Channel movie High School Musical aired and its soundtrack was certified triple platinum, becoming the first Disney Channel film to do so.
The company, which has been public since 1940, trades on the New York Stock Exchange with ticker symbol DIS and has been a component of the Dow Jones Industrial Average since 1991. In August 2020, just under two-thirds of the stock was owned by large financial institutions. Filled with handy features, our mobile app lets you view and update your plans, make dining reservations, search maps of all 4 theme parks, get real-time attraction wait times and more. It also gives you access to a Disney MagicMobile pass—a convenient and another contactless way to use MagicBand features, like theme park entry, through the power of eligible iPhones, Apple Watch or Google Pay enabled Android phones.
It won five Academy Awards, including Best Actress for Julie Andrews as Poppins and Best Song for the Sherman Brothers’, who also won Best Score for the film’s “Chim Chim Cher-ee”. Disney has been criticized for both putting LGBT+ elements into its films and for having insufficient LGBT+ representation in its media. In the live-action film Beauty and the Beast, director Bill Condon announced LeFou would be depicted as a gay character, prompting Kuwait, Malaysia, and a theater in Alabama to ban the film, and Russia to give it a stricter rating. In Russia and several Middle Eastern countries, the Pixar movie Onward was banned for having Disney’s first openly lesbian character Officer Specter, while others said Disney needed more representation of LGBT+ persons in its media.
In 1987, the company signed an agreement with the Government of France to build a resort named Euro Disneyland in Paris; it would consist of two theme parks named Disneyland Park and Walt Disney Studios Park, a golf course, and six hotels. As profits for the company started to decline, on October 1, 1982, Epcot, then known as EPCOT Center, opened as the second theme park in Walt Disney World, with around 10,000 people in attendance during the opening. The animation industry continued to decline and 69% of the company’s profits were from its theme parks; in 1982, there were 12 million visitors to Walt Disney World, a figure that declined by 5% the following June. On July 9, 1982, Disney released Tron, one of the first films to extensively use computer-generated imagery . At Disney World, the company opened Disney’s Animal Kingdom, the largest theme park in the world covering 580 acres on Earth Day, April 22, 1998. Receiving positive reviews, Disney’s next animated films Mulan and Disney-Pixar film A Bug’s Life were released on June 5 and November 20, 1998, respectively.
The company has won 16 Academy Awards for Best Animated Short Film, 16 for Best Original Song, 15 for Best Animated Feature, 11 for Best Original Score, 5 for Best Documentary Feature, 5 for Best Visual Effects, and several others as well special awards. Disney has also won 29 Golden Globe Awards, 51 British Academy of Film and Television Arts awards, and 36 Grammy Awards as of 2022. Pixar had been making films with Disney from 1995 to 2005, until Disney bought them out in 2006 as one of their subsidiaries. Walt Disney Animation Studios’ original action-packed comedy adventure, “Strange World,” introduces us to three generations of the legendary Clade family as they attempt to band together and navigate an uncharted, treacherous land beneath their world. “Strange World” is helmed by director Don Hall and co-director/writer Qui Nguyen, and produced by Roy Conli. อนิเมะจีน Celebrate Disney’s 100th Anniversary and add 10 curated classic Mickey & Minnie shorts, featuring all-new introductions from Mickey & Minnie, to your family’s Disney collection.
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